Bitcoin Forum
December 13, 2024, 08:23:16 AM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 6 7 8 9 10 11 [12] 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 »
  Print  
Author Topic: Why not just print dollars?  (Read 30068 times)
Barbut
Hero Member
*****
Offline Offline

Activity: 1694
Merit: 502


★Bitvest.io★ Play Plinko or Invest!


View Profile
May 11, 2016, 03:31:38 PM
 #221

https://www.youtube.com/watch?v=wpW_KMHlAmo

Why borrow dollars and then pay back by printing them?

Why take the long way around?

Well its simple. Money, fiat is just a tool for system. Before when gold or silver was behind money it was ok. There needs to be money equal to goods, so if you have more of one then another its inflation or deflation. Well system make all this calculations in their economy books. You can read read there more better explanations if you wish. I dont like economy, this system wish us to be slaves.



.
.BIG WINNER!.
[15.00000000 BTC]


▄████████████████████▄
██████████████████████
██████████▀▀██████████
█████████░░░░█████████
██████████▄▄██████████
███████▀▀████▀▀███████
██████░░░░██░░░░██████
███████▄▄████▄▄███████
████▀▀████▀▀████▀▀████
███░░░░██░░░░██░░░░███
████▄▄████▄▄████▄▄████
██████████████████████

▀████████████████████▀
▄████████████████████▄
██████████████████████
█████▀▀█▀▀▀▀▀▀██▀▀████
█████░░░░░░░░░░░░░████
█████░░░░░░░░░░░░▄████
█████░░▄███▄░░░░██████
█████▄▄███▀░░░░▄██████
█████████░░░░░░███████
████████░░░░░░░███████
███████░░░░░░░░███████
███████▄▄▄▄▄▄▄▄███████

██████████████████████
▀████████████████████▀
▄████████████████████▄
███████████████▀▀▀▀▀▀▀
███████████▀▀▄▄█░░░░░█
█████████▀░░█████░░░░█
███████▀░░░░░████▀░░░▀
██████░░░░░░░░▀▄▄█████
█████░▄░░░░░▄██████▀▀█
████░████▄░███████░░░░
███░█████░█████████░░█
███░░░▀█░██████████░░█
███░░░░░░████▀▀██▀░░░░
███░░░░░░███░░░░░░░░░░

██░▄▄▄▄░████▄▄██▄░░░░
████████████▀▀▀▀▀▀▀██
█████████████░█▀▀▀█░███
██████████▀▀░█▀░░░▀█░▀▀
███████▀░▄▄█░█░░░░░█░█▄
████▀░▄▄████░▀█░░░█▀░██
███░▄████▀▀░▄░▀█░█▀░▄░▀
█▀░███▀▀▀░░███░▀█▀░███░
▀░███▀░░░░░████▄░▄████░
░███▀░░░░░░░█████████░░
░███░░░░░░░░░███████░░░
███▀░██░░░░░░▀░▄▄▄░▀░░░
███░██████▄▄░▄█████▄░▄▄

██░████████░███████░█
▄████████████████████▄
████████▀▀░░░▀▀███████
███▀▀░░░░░▄▄▄░░░░▀▀▀██
██░▀▀▄▄░░░▀▀▀░░░▄▄▀▀██
██░▄▄░░▀▀▄▄░▄▄▀▀░░░░██
██░▀▀░░░░░░█░░░░░██░██
██░░░▄▄░░░░█░██░░░░░██
██░░░▀▀░░░░█░░░░░░░░██
██░░░░░▄▄░░█░░░░░██░██
██▄░░░░▀▀░░█░██░░░░░██
█████▄▄░░░░█░░░░▄▄████
█████████▄▄█▄▄████████

▀████████████████████▀




Rainbot
Daily Quests
Faucet
SebastianJu
Legendary
*
Offline Offline

Activity: 2674
Merit: 1083


Legendary Escrow Service - Tip Jar in Profile


View Profile WWW
May 11, 2016, 05:38:50 PM
 #222

Lol just print dollars. You don't know what you're saying that's to illegal. There are allot of ways
to make allot of money but just printing them is not an option. There are people who're doing it but not many.

It's not about printing money as a private person but printing dollars by the federal reserve. Which makes the dollars that existed before worth less...

Please ALWAYS contact me through bitcointalk pm before sending someone coins.
newcoins1978
Sr. Member
****
Offline Offline

Activity: 406
Merit: 250


View Profile
May 12, 2016, 03:18:20 PM
 #223

If it was that easy to print Dollars then everybody would do it. So lets not do like this is the easiest case in the world because making good fake Dollar billets  is just not going to happen.
Yeah so many criminals tried it and really no one got away with, that is why nobody tries is even it is a waist of time and you will gain nothing from it.
Just earn your money the right way, that feels allot better.
deisik
Legendary
*
Offline Offline

Activity: 3542
Merit: 1280


English ⬄ Russian Translation Services


View Profile WWW
May 13, 2016, 06:45:46 AM
Last edit: May 13, 2016, 06:58:10 AM by deisik
 #224

If it was that easy to print Dollars then everybody would do it. So lets not do like this is the easiest case in the world because making good fake Dollar billets  is just not going to happen.
Yeah so many criminals tried it and really no one got away with, that is why nobody tries is even it is a waist of time and you will gain nothing from it

How would you know about those who did actually get away with "printing" their own dollar bills? Do you also not know that the US dollar is just the second to the British pound which is most often counterfeited between major currencies? The Swiss frank is the most secure currency out there...

Bombers returning home had no damage in the cockpit and engines. How come? Wtf, they just didn't make it back

avikz
Legendary
*
Offline Offline

Activity: 3304
Merit: 1532



View Profile
May 13, 2016, 03:39:42 PM
 #225

https://www.youtube.com/watch?v=wpW_KMHlAmo

Why borrow dollars and then pay back by printing them?

Why take the long way around?

No economy can print money as per their wish. It has to be backed by some asset.

For dollar, it is backed by gold. The more gold USA will have, the more dollar they can print.

If they start printing dollars as per their own wish, the dollar will become the weakest currency of the world. So it can't be done.

Yakamoto
Legendary
*
Offline Offline

Activity: 1218
Merit: 1007


View Profile
May 13, 2016, 03:47:46 PM
 #226

https://www.youtube.com/watch?v=wpW_KMHlAmo

Why borrow dollars and then pay back by printing them?

Why take the long way around?

No economy can print money as per their wish. It has to be backed by some asset.

For dollar, it is backed by gold. The more gold USA will have, the more dollar they can print.

If they start printing dollars as per their own wish, the dollar will become the weakest currency of the world. So it can't be done.
That's actually not how it works anymore. The USD is not backed by anything except the faith that you'll be able to buy something with your dollars the next day. The Federal Reserve could print as much money as they wanted and not have to worry about it. You are right, though, they won't print another trillion dollars because it would seriously devalue the currency and leave the US in a worse economic state than it is in currently.
deisik
Legendary
*
Offline Offline

Activity: 3542
Merit: 1280


English ⬄ Russian Translation Services


View Profile WWW
May 13, 2016, 04:45:21 PM
 #227

https://www.youtube.com/watch?v=wpW_KMHlAmo

Why borrow dollars and then pay back by printing them?

Why take the long way around?

No economy can print money as per their wish. It has to be backed by some asset.

For dollar, it is backed by gold. The more gold USA will have, the more dollar they can print.

If they start printing dollars as per their own wish, the dollar will become the weakest currency of the world. So it can't be done.
That's actually not how it works anymore. The USD is not backed by anything except the faith that you'll be able to buy something with your dollars the next day

You should also pay taxes with the USD (or with some other fiat, for that matter). If you pay half of your income back, this is a good support, whether you like it or not

katrimans
Hero Member
*****
Offline Offline

Activity: 882
Merit: 500



View Profile
May 13, 2016, 06:14:02 PM
Last edit: May 22, 2016, 02:34:01 AM by katrimans
 #228

print dollars will not solve the poverty.
Adrorecia
Sr. Member
****
Offline Offline

Activity: 275
Merit: 250


View Profile
May 17, 2016, 09:09:29 AM
 #229

If it was that easy to print Dollars then everybody would do it. So lets not do like this is the easiest case in the world because making good fake Dollar billets  is just not going to happen.
sishendaoye
Sr. Member
****
Offline Offline

Activity: 434
Merit: 250


View Profile
May 17, 2016, 02:28:51 PM
 #230

If it was that easy to print Dollars then everybody would do it. So lets not do like this is the easiest case in the world because making good fake Dollar billets  is just not going to happen.
Yeah so many criminals tried it and really no one got away with, that is why nobody tries is even it is a waist of time and you will gain nothing from it.
Just earn your money the right way, that feels allot better.
It is just not smart to do now a days unless you can come up with a new way of printing them in the exact way as the original. You are not going to get away with fake bills.
mrhelpful
Legendary
*
Offline Offline

Activity: 1456
Merit: 1002



View Profile
May 17, 2016, 06:34:53 PM
 #231

https://www.youtube.com/watch?v=wpW_KMHlAmo

Why borrow dollars and then pay back by printing them?

Why take the long way around?

Well its simple. Money, fiat is just a tool for system. Before when gold or silver was behind money it was ok. There needs to be money equal to goods, so if you have more of one then another its inflation or deflation. Well system make all this calculations in their economy books. You can read read there more better explanations if you wish. I dont like economy, this system wish us to be slaves.

This is right. I learn from economics that you can not just print and print money it will make your fiat a mickey mouse money because the supply is keep on inflating.

Mickey mouse money is already recycled by the IRS.

That tax dollar is served with the treasury which goes back to the reserved and becomes an endless cycle. This is fine, but its when banks dip in on a goverment level of private level of banking and they decide to buy out like a hedge fund is when its crazy.
zerocharisma
Full Member
***
Offline Offline

Activity: 224
Merit: 100



View Profile
May 18, 2016, 07:40:00 AM
 #232

If it was that easy to print Dollars then everybody would do it. So lets not do like this is the easiest case in the world because making good fake Dollar billets  is just not going to happen.

Op is talking to the government not normal person. It's easy for us to say, but when you look and study what will happen if they do this it will make a big effect on the economy. If they just keep printing to pay it's debt. The value of dollars will go down. This is the main reason it should be controlled to prevent it from happening. It's called supply and demand.
aakashsangwan
Hero Member
*****
Offline Offline

Activity: 994
Merit: 1000


PUGG.io


View Profile WWW
May 18, 2016, 08:08:33 AM
 #233

Unlimited printing of any currency just drowns it's value. Any country can print currency equivalent to the amount of gold it has in it's reserves. So limited printing keeps the value of currency stable. Cryptocurrency is totally different concept and should not be compared to Fiat.

deisik
Legendary
*
Offline Offline

Activity: 3542
Merit: 1280


English ⬄ Russian Translation Services


View Profile WWW
May 18, 2016, 11:06:11 AM
 #234

Unlimited printing of any currency just drowns it's value. Any country can print currency equivalent to the amount of gold it has in it's reserves. So limited printing keeps the value of currency stable. Cryptocurrency is totally different concept and should not be compared to Fiat.

We are off gold standard (namely, gold exchange standard) since Bretton-Woods (1944) de facto, and since Nixon Shock (1971) de jure

funkenstein
Legendary
*
Offline Offline

Activity: 1066
Merit: 1050


Khazad ai-menu!


View Profile WWW
May 20, 2016, 12:40:41 PM
 #235

If it was that easy to print Dollars then everybody would do it. So lets not do like this is the easiest case in the world because making good fake Dollar billets  is just not going to happen.
Yeah so many criminals tried it and really no one got away with, that is why nobody tries is even it is a waist of time and you will gain nothing from it.
Just earn your money the right way, that feels allot better.
It is just not smart to do now a days unless you can come up with a new way of printing them in the exact way as the original. You are not going to get away with fake bills.

a blog post on counterfeiting might be of interest to you
http://frass.woodcoin.org/do-the-problems-bitcoin-solves-have-economic-relevance/

"Give me control over a coin's checkpoints and I care not who mines its blocks."
http://vtscc.org  http://woodcoin.info
katrimans
Hero Member
*****
Offline Offline

Activity: 882
Merit: 500



View Profile
May 22, 2016, 02:34:12 AM
 #236

https://www.youtube.com/watch?v=wpW_KMHlAmo

Why borrow dollars and then pay back by printing them?

Why take the long way around?

Well its simple. Money, fiat is just a tool for system. Before when gold or silver was behind money it was ok. There needs to be money equal to goods, so if you have more of one then another its inflation or deflation. Well system make all this calculations in their economy books. You can read read there more better explanations if you wish. I dont like economy, this system wish us to be slaves.

This is right. I learn from economics that you can not just print and print money it will make your fiat a mickey mouse money because the supply is keep on inflating.
Redrose
Hero Member
*****
Offline Offline

Activity: 756
Merit: 502


View Profile
May 22, 2016, 05:34:52 AM
 #237

Grin the good point of bitcoin ... is that you can print paper money if you want : https://www.bitaddress.org

and, it's real value !  Cheesy


You're right that bitcoin can't be printed when more is needed.

You're wrong that bitcoin has real value. The value is perceived because all of us place value upon it...just as we do fiat currency.

There is no tangible thing that supports the value of bitcoin, that can prove there is value to it.

There's no Gold, no Silver, no other tangible item that exists in the world...just the promise that only so much bitcoin can every be mined and that the validity of transactions and balances are verified by the community that uses it.

That's not us who set the price of fiat, instead of Bitcoin. It's some regulations agency that do not care of the people and some very heavy traders.
Cyaren
Sr. Member
****
Offline Offline

Activity: 294
Merit: 250



View Profile
May 22, 2016, 08:45:34 AM
 #238

You should also watch Mike Maloney's channel for the biggest scam of mankind if you're interested in studying the economy.

To my understanding, central banks print money and buy the government's bonds because they want to deceive people in thinking that this is not money creation. The general public might think this is an innocent act, but in practice it generates inflation.

You can print dollars, but the central banks are just retarded.
Fofofolo
Member
**
Offline Offline

Activity: 107
Merit: 10


View Profile
May 25, 2016, 02:33:31 PM
 #239

How do you think that dollars are printed. If you know that secret you will become a rich men. So if you know how just do it dollars are easy to fake so that would not be hard.
DavidoAlto
Sr. Member
****
Offline Offline

Activity: 364
Merit: 250


View Profile
May 25, 2016, 03:13:43 PM
 #240

Printing Dollars is not a smart thing to do because some many people have tried it and so many people have failed. It is not even worth trying anymore because you will get caught very easy these days.
Pages: « 1 2 3 4 5 6 7 8 9 10 11 [12] 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!