Title: [2014-08-11] Bitcoin: Baffling or brilliant? Post by: botany on August 11, 2014, 05:32:46 PM Bitcoin: Baffling or brilliant?
http://rt.com/op-edge/179372-bitcoin-struggling-revolution-money/ Interesting article. Bad money drives out good’ is the operative concept here. In other words, a lower quality (i.e. overvalued) currency will circulate in the economy while any higher quality money (say gold coins, which have not been debased) will be hoarded by savers. Title: Re: [2014-08-11] Bitcoin: Baffling or brilliant? Post by: odolvlobo on August 12, 2014, 03:17:31 PM Nice opinion piece. Most of the commentors are ignorant, though.
Title: Re: [2014-08-11] Bitcoin: Baffling or brilliant? Post by: Whitehouse on August 12, 2014, 03:20:18 PM I enjoyed the article. Some good points, but why can't it be both baffling and brilliant? I guess it can be baffling at first or to the uneducated, but I know it is definitely brilliant that's for sure. A truly genius idea.
Title: Re: [2014-08-11] Bitcoin: Baffling or brilliant? Post by: botany on August 12, 2014, 04:25:08 PM I guess it is baffling because it is brilliant.
I like the conclusion Government must embrace bitcoin or die. Title: Re: [2014-08-11] Bitcoin: Baffling or brilliant? Post by: Neg on August 12, 2014, 05:13:58 PM Nice opinion piece. Most of the commentors are ignorant, though. What's new? Most of the comments I see on non-bitcoin specific sites are full of ignoramuses. I guess it is baffling because it is brilliant. I like the conclusion Government must embrace bitcoin or die. Bafflingly brilliant. I like that term :D. Title: Re: [2014-08-11] Bitcoin: Baffling or brilliant? Post by: Chef Ramsay on August 12, 2014, 06:28:32 PM Nice opinion piece. Most of the commentors are ignorant, though. What's new? Most of the comments I see on non-bitcoin specific sites are full of ignoramuses. Title: Re: [2014-08-11] Bitcoin: Baffling or brilliant? Post by: Kprawn on August 12, 2014, 07:08:20 PM Well I'd go for brilliant. ;D
No matter what these mudder fudders say, we know the truth and we spread the truth anyways. |