Bitcoin Forum

Economy => Economics => Topic started by: 420 on January 27, 2014, 03:25:37 AM



Title: Bitcoin: Paving the Way for a Global Cashless Society
Post by: 420 on January 27, 2014, 03:25:37 AM
I saw this video:
http://www.youtube.com/watch?v=jNWA4qClNv4

Then I read the article that I was pondering whether I should refute it...
http://realcurrencies.wordpress.com/2014/01/19/bitcoin-paving-the-way-for-a-global-cashless-society/

Before I realized how little the author knows about bitcoin compared to our average bitcoiner in here.

Plus the way he keeps saying "adapters" instead of adopters, and "helding" bitcoin; for example:
"And it’s a pure ponzi scheme, of course. Later adapters pay for the gains of those helding Bitcoin from the early stages."

The full retard comes out with this line:
"Bitcoin is spent into circulation debt-free, but then will be lent out at interest by the bank. Compound interest lending will allow the banks to gobble up the whole money supply in just a few years."


Title: Re: Bitcoin: Paving the Way for a Global Cashless Society
Post by: keithers on January 27, 2014, 05:10:35 AM
Wtf, i bet the writer of that article doesn't even understand what he wrote. Lol


Title: Re: Bitcoin: Paving the Way for a Global Cashless Society
Post by: 420 on January 27, 2014, 05:11:52 AM
Wtf, i bet the writer of that article doesn't even understand what he wrote. Lol

just a big diss


Title: Re: Bitcoin: Paving the Way for a Global Cashless Society
Post by: spyro on January 27, 2014, 07:57:16 AM
 :D Strikes me as the type of guy who comes up with a few new conspiracy theories every year!