Xill 160 Posted January 5, 2020 Share Posted January 5, 2020 16 minutes ago, ringer2 said: A gradual and managed increase in the monetary supply, especially in a growing population, is healthy and good for the economy. A predictable and managed rate of inflation is not a problem and actually a good thing. Frankly, I don’t want to live in an economy with a static monetary supply. Welcome to the 9th c. You know just enough economics to be dangerous. Too bad they abuse the currency. Next crisis no one will have faith in banks. Next crisis people won't be able to take their money out of the banks this is when they will lose hope in the system. Smart already lost hope Link to post Share on other sites
Xill 160 Posted January 5, 2020 Share Posted January 5, 2020 18 minutes ago, ringer2 said: Hahaha xdd Just look at the information we have today. Even an 8 year old kid will understand it's coming Link to post Share on other sites
ringer2 996 Posted January 5, 2020 Share Posted January 5, 2020 Zero chance fiat goes away in the next 100 years. AlejoMoreno 1 Link to post Share on other sites
Xill 160 Posted January 5, 2020 Share Posted January 5, 2020 4 minutes ago, ringer2 said: Zero chance fiat goes away in the next 100 years. It can co-exist together with crypto Link to post Share on other sites
KevClem 117 Posted January 6, 2020 Share Posted January 6, 2020 4 hours ago, Xill said: It can co-exist together with crypto Why do we need crypto? ringer2 and Cesar1810 1 1 Link to post Share on other sites
Guest Posted January 6, 2020 Share Posted January 6, 2020 4 hours ago, KevClem said: Why do we need crypto? Counterparty-free trading. Decentralised immutable record. Atomic swaps. If you don’t understand the difference between these things and siloed digital fiat/cbda then read up a bit and you will see why we need crypto. Doesn't mean we will ever get this new and wonderful thing in widespread usage... but that’s why it’s good. Link to post Share on other sites
KevClem 117 Posted January 6, 2020 Share Posted January 6, 2020 (edited) 36 minutes ago, Tinyaccount said: Counterparty-free trading. Decentralised immutable record. Atomic swaps. If you don’t understand the difference between these things and siloed digital fiat/cbda then read up a bit and you will see why we need crypto. Doesn't mean we will ever get this new and wonderful thing in widespread usage... but that’s why it’s good. I understand what it can do and the capabilities your describe. Assume it never obtains widescale adoption. What changes ? Nothing. The world will continue to keep ticking. So why do we need crypto ? Edited January 6, 2020 by KevClem Cesar1810 1 Link to post Share on other sites
Guest Posted January 6, 2020 Share Posted January 6, 2020 6 minutes ago, KevClem said: Assume it never obtains widescale adoption. What changes ? Nothing. The world will continue to keep ticking. So why do we need crypto ? Assume we never invent electricity. What changes? Nothing. The world will continue ticking. So why do we need electricity? Thats the dumbest question I’ve seen in a while. Quote I understand what it can do and the capabilities your describe. Well then you understand why it would be a good thing. Whether we ever see its full promise achieved is yet to be determined. But if you truly understand it’s capabilities then you wouldn’t be asking that question. Link to post Share on other sites
7strings 2,942 Posted January 6, 2020 Share Posted January 6, 2020 13 minutes ago, Tinyaccount said: Thats the dumbest question I’ve seen in a while. Gilligan 1 Link to post Share on other sites
Guest Posted January 6, 2020 Share Posted January 6, 2020 12 minutes ago, 7strings said: Yeah I don’t normally speak that frankly... but it’s bloody hot here at the moment and I’m tired... so not really in the mood for polite discourse. I feel a bit bad... but not too much... Link to post Share on other sites
susli 154 Posted January 6, 2020 Share Posted January 6, 2020 11 hours ago, Xill said: Please explain how am I naive if I prefer decentralised currency The elites will never let you. They want control. They will take away the stuff you have, jail you, or kill you if you want to get out of their control. Link to post Share on other sites
KevClem 117 Posted January 6, 2020 Share Posted January 6, 2020 34 minutes ago, Tinyaccount said: Assume we never invent electricity. What changes? Nothing. The world will continue ticking. So why do we need electricity? Thats the dumbest question I’ve seen in a while. Well then you understand why it would be a good thing. Whether we ever see its full promise achieved is yet to be determined. But if you truly understand it’s capabilities then you wouldn’t be asking that question. There is absolutely no comparison that can be made between electricity and crypto. Not sure why you even chose to compare the two to make a point. Cesar1810, Gilligan and GrumpyDon 3 Link to post Share on other sites
susli 154 Posted January 6, 2020 Share Posted January 6, 2020 10 hours ago, ringer2 said: Zero chance fiat goes away in the next 100 years. Nuclear holocaust! Link to post Share on other sites
Staigera 1,572 Posted January 6, 2020 Share Posted January 6, 2020 (edited) 11 minutes ago, susli said: The elites will never let you. They want control. They will take away the stuff you have, jail you, or kill you if you want to get out of their control. Who are those elites and why do you think in a world with almost 4 to 6 billion ppl those elites can controll everyting. Anyone can become a "elite" in these days, just need a good idea, an investor, a solid marketing plan, sweat, stress, loss of hair, pissed wife, because you have no time for her, and boom you might be on your way of becoming a wealthy elite yourself. Edited January 6, 2020 by Staigera Link to post Share on other sites
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now