Stocks:  You are a fractional owner of a company.  (Your Shares / Total Shares) * 100 = Percentage of Ownership
Plus: You have a vote in how the company is run and may receive a dividend from it's profits.
Minus: You are known.

CryptoCurrency: A Fiat Currency not controlled by any government used to settle a transaction.
Plus: Can be moved across international borders without any controls.
Minus: Requires that somebody in the world is willing to exchange something (ie: Real Money) for it.





 

 Here is a novel idea:       


  Get the bitcoin community together and create a Credit Union that only deals in Bitcoins and USDs
in which depositors are members who elect directors controlling the credit union. Everybody will get
all the safe guards afforded to an institution that is regulated to insure the public's trust.

 That way, you can get rid of places like MTGox and Bitstamp and start using #bitcoin-otc to
match buyers and sellers and then using the services at the Credit Union to complete the
transaction between accounts.

James Hamilton needs to go back to school.


 Debt is what you "owe", not what you plan to owe. That is like saying my current debt is
really $800,000 because after 23 more years of paying my mortgage payments, that
is what I will have spent. Nevermind that I can sell my house tomorrow and go live on a
park bench, thus wiping out my future liabilities.


 Debt is what you owe on money you've already borrowed and spent. Debt (IS NOT) what
you will end up owing years and decades from now if nothing changes. And this professor
isn't taking into account future tax revenue changes. Even right now our deficit has fallen
by 50%, to around $600/billion.

 Break Even?   Don't hold your breath.


https://blockchain.info/charts/miners-operating-profit-margin

 Money is a Tool used to Facilitate Trade.


This means it doesn't matter what people use as money (Paper, Gold, Bitcoins) because
at the end of the day the most important thing is "trade" of Goods and Services. That
is where value and wealth are derived, not in the money used to complete the transaction.

 Who is going to subsidies that discount? After all, if you can buy an car for a discount with bitcoins, who's
going to cover that spread?   

I'm AlbyVA, wazup?