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161  Local / Ελληνικά (Greek) / Re: Ελληνικη Πολιτικη και Bitcoin... on: May 15, 2015, 12:30:39 PM
OK
162  Local / Ελληνικά (Greek) / Re: Ελληνικη Πολιτικη και Bitcoin... on: May 15, 2015, 11:45:03 AM
Και βεβαια θα γινουμε Β. Κορεα αν χρειαστει. Δες τα χαλια του καπιταλισμου στις ΗΠΑ που κοιμουνται στα παγκακια. Μετα την οικονομικη κριση ο κομμουνισμος ειναι επικαιρος οσο ποτε.


Αφου σου αρεσει τοσο πολυ , πηγαινε να ζησεις και εσυ εκει.

Εγω θα προτιμησω την Αμερικη.

Στο καλο και να μας γραφεις...
163  Economy / Economics / Re: The banks should be repealed on: May 09, 2015, 12:56:28 PM
That's something called Socialism. And if You didn't notice, there are no rich countries with that kind of political system. Poland after Second World War had that system for almost 50 years, ask Poles what do they think about Socialism today.

I am talking about elections, not Socialism. There were no elections in socialist countries. But besides that, after the last economic crisis capitalism has failed.
164  Economy / Economics / Re: The banks should be repealed on: May 09, 2015, 09:51:31 AM
Banks are a useless invention. There is no reason to exist anymore. Politicians can do better job and the most important: Politicians are elected.

The fundamental job of a bank is to give credit. Politicians can't do that.
Why would you think banks don't have a reason to exist anymore?

Why i need a bank to give credit? Are you joking?

I don't know about Your situation but there are many people that need or want to get credit (for investment, for buying a house or for emergency situations). Also there are many companies that need to use credit in order to do needed investment, some people get credit to start there own company. How else are you going to get needed money if you don't have banks?

they could start to deploy automatic atm everywhere instead of those big construction called banks, where there are insiders doing useless job, that could be replaced easily by a machine

we don't need banks or any other human holding our money yet

Lol and from where those atms would get the money? Banks are needed as an institution and no matter is it on line banking, department or any other form of managing money, banks are needed.

From the government.
165  Economy / Economics / Re: The banks should be repealed on: May 09, 2015, 09:44:10 AM
Banks are a useless invention. There is no reason to exist anymore. Politicians can do better job and the most important: Politicians are elected.

The fundamental job of a bank is to give credit. Politicians can't do that.
Why would you think banks don't have a reason to exist anymore?

Why i need a bank to give credit? Are you joking?

I don't know about Your situation but there are many people that need or want to get credit (for investment, for buying a house or for emergency situations). Also there are many companies that need to use credit in order to do needed investment, some people get credit to start there own company. How else are you going to get needed money if you don't have banks?

Why don't you get your credit from your government?
166  Economy / Economics / Re: nice press on bitcoin in argentina today on: May 09, 2015, 05:43:22 AM
I've said it many times. Not London, nor Scandinavia. Argentina's very promising for BTC. Just like every country where the government, and local currency, aren't trustworthy.

Argentina s currency is strong now.
167  Economy / Economics / Re: The banks should be repealed on: May 09, 2015, 05:33:02 AM
Banks are a useless invention. There is no reason to exist anymore. Politicians can do better job and the most important: Politicians are elected.

The fundamental job of a bank is to give credit. Politicians can't do that.
Why would you think banks don't have a reason to exist anymore?

Why i need a bank to give credit? Are you joking?
168  Economy / Economics / Re: The banks should be repealed on: May 08, 2015, 08:07:21 AM
Banks are a useless invention. There is no reason to exist anymore. Politicians can do better job and the most important: Politicians are elected.
169  Economy / Economics / Re: nice press on bitcoin in argentina today on: May 06, 2015, 06:54:20 PM
They don't need bitcoin or any other currency. Their economy is strong now and inflated.
170  Economy / Economics / Re: "Deflation" in Europe is actually Inflation in disguise on: May 05, 2015, 08:47:07 PM
No, deflation is deflation and inflation is inflation. Fin Mins of EU need to change job. Cleaning toilets is a good job for them. lol
171  Economy / Economics / Re: let's develop cryptocurrency economic theory on: May 05, 2015, 01:34:20 PM
The economic theories are here, e.g. quantity theory of money, Cambridge cash balance theory etc. but nobody uses them.
172  Economy / Economics / Re: let's develop cryptocurrency economic theory on: May 04, 2015, 03:38:27 PM
The bankers are uneducated idiots. They don't know how to print money, thats why they create economic crises. Only government can do good job.
173  Economy / Economics / Re: let's develop cryptocurrency economic theory on: May 04, 2015, 09:49:18 AM
The money should be printed by scientists of the government, not by uneducated bankers.
174  Economy / Economics / Re: let's develop cryptocurrency economic theory on: May 03, 2015, 01:27:55 PM
Well in bitcoin you don't have banks, fiscal policy, GDP, debt (there is?), taxes, so at least over here in bitcoin things are easier to understand apart from the supply and demand factor, mining, investment. So it works kind of different as generally you don't have the reserve bank to set the policy and comes with it all the bunch of economic terms.

You don't need the reserve bank to set the policy. There are scientists economists for that.
175  Economy / Economics / Re: let's develop cryptocurrency economic theory on: May 02, 2015, 10:06:11 PM
You need to watch the documentary "The secret of Oz".

https://www.youtube.com/watch?v=7qIhDdST27g
176  Economy / Economics / Re: let's develop cryptocurrency economic theory on: May 02, 2015, 12:29:49 PM
We need the economic theories. The money supply must grow and shrink with economic activity, allowing stable prices. The question is: How can we do that in cryptos?
177  Economy / Economics / Re: The banks should be repealed on: May 01, 2015, 07:41:23 PM
Again Bill Still:

"It doesn't matter what backs your money. All that matters is who controls its quantity. Will it be your elected officials or will it be some unelected banker?"

https://www.youtube.com/watch?feature=player_detailpage&v=7qIhDdST27g#t=1588
178  Economy / Economics / Re: The banks should be repealed on: May 01, 2015, 05:38:32 PM
“IT'S NOT WHAT BACKS OUR MONEY, IT'S WHO CONTROLS ITS QUANTITY”

Bill Still


You need to study some history of economics. The Fiat money invented in ancient Rome. It was the most revolutionary economic system.

https://www.youtube.com/watch?feature=player_detailpage&v=7qIhDdST27g#t=738
179  Economy / Economics / Re: The banks should be repealed on: May 01, 2015, 10:33:37 AM
Politics is impossible to stay out of money. We are not living in a police state. People decide about their money.
180  Economy / Economics / Re: The banks should be repealed on: April 30, 2015, 10:38:48 AM
I think, it is a good idea. It is more democratic system.
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