Bitcoin Forum

Economy => Economics => Topic started by: DushanM on October 04, 2018, 10:24:03 AM



Title: How to register a cryptocurrency
Post by: DushanM on October 04, 2018, 10:24:03 AM
There are two forms of organization in the economy:

1. Organization on the side of the supply for creation goods and services and
2. Organization on the demand side for the money creation

The organization on the demand side is the consumer association.

Therefore, cryptocurrency must be registered as consumer associations.

This is my opinion, what do you think about it?


Title: Re: How to register a cryptocurrency
Post by: pawel7777 on October 04, 2018, 11:15:39 AM
...
This is my opinion, what do you think about it?

I think you should delete one of duplicated (https://bitcointalk.org/index.php?topic=5043414.msg46484656) topics before you get banned for spamming.

As for the topic, if you're interested in discussion - start with explaining why do you see Bitcoin/Crypto on the side of 'demand'? I don't see how Bitcoin itself demands any goods or services.


Title: Re: How to register a cryptocurrency
Post by: DushanM on October 04, 2018, 01:06:54 PM
...
This is my opinion, what do you think about it?

I think you should delete one of duplicated (https://bitcointalk.org/index.php?topic=5043414.msg46484656) topics before you get banned for spamming.

As for the topic, if you're interested in discussion - start with explaining why do you see Bitcoin/Crypto on the side of 'demand'? I don't see how Bitcoin itself demands any goods or services.

I'm sorry I thougth that the other topic has already been deleted, please moderators delete it.

As for the topic..
Each money is by definition always on the demand side, and goods and services are always by definition on the offer side.
It is definition of money: as quantitative side of demand,
and definition of goods.. as everything that is offered on the market.

If one currency is offered, it is offered as a commodity in a second currency system that is on the demand side.

The idea that currencies are changing as a commodity for commodity is a fraud of those who deal with it.

As I said: Anyone who receives money from an organization on the demand side (which is, therefore, a special currency) for his goods or service, becomes a member of that organization on the demand side.

That's the pioint.





Title: Re: How to register a cryptocurrency
Post by: pawel7777 on October 04, 2018, 07:08:03 PM
...
Each money is by definition always on the demand side, and goods and services are always by definition on the offer side.
...

Maybe you should start with your definition of "demand" or "demand side" because right now it's just sounds absurd. I suspect you either mixed something up, or trying to 're-define' terms to come up with original, ground-braking conclusion.

Here's how I understand meaning of demand:

Demand: consumers' desire and ability to purchase a good or service.

Money (prices, income) is one of the factors shaping demand, but it's not demand on its own.


Title: Re: How to register a cryptocurrency
Post by: Jannn on October 04, 2018, 09:47:59 PM
I think that your argument barely makes sense. You don't ask people to register their monopoly money do you? The very premise upon which crypto is built is NO centralization, that includes registering it under one controlling power.


Title: Re: How to register a cryptocurrency
Post by: nsson8e on October 06, 2018, 08:22:51 AM
May be you should start with the definition of money and the definition of goods,as everything that's offered on the market.