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November 27, 2022, 12:00:32 PM *
News: Reminder: do not keep your money in online accounts
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1  Alternate cryptocurrencies / Altcoin Discussion / Meta universe on: September 21, 2022, 05:06:27 AM
Now on the market, more and more projects related to the meta universe. Tell us what you think the future of this is, and what projects inspire you?
2  Economy / Speculation / Dead cat dance on: January 15, 2015, 03:18:46 AM
Back in panicmode in 3,2,1 ...

Permabull assrape

Bitcoin is permabull rape-town, ladies
3  Economy / Economics / Experts, please explain why decay is a good thing for a currency on: January 10, 2015, 10:33:23 AM
Bitcoin has built in decay: inflation, high mining costs - whatever you want to call it - it's decay basically.

So the coin which should be used as a currency is unable to preserve value which makes it basically useless as currency because the main purpose of a currency is to hold some value relatively constant so it can be used in daily exchange of goods and services.

Please explain again why decay is an advantage for a currency and why anyone would accept a decaying currency in exchange for goods and services when presented with a choice between a more and a less decaying (and therefore volatile) currency.

Why would anyone choose the more decaying currency in an exchange of goods/services over a less decaying one - let alone invest in it?

Thanks for explaining again.
4  Other / Meta / marinecoin spam on: December 27, 2014, 08:15:23 PM
These topics keep coming back.

See this screenshot i was able to take. Topic is gone already

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