olliedickman
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May 14, 2017, 04:00:34 PM |
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The inflation dude. The more you print dollar the less valuable it can be. Therefore, people do not want to print more and more money and if the government decide to do that, they are trying to against you
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grermezter
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May 14, 2017, 07:09:58 PM |
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Printing of currency anytime one need money will bring the entire world economy into a total collapse and mind you even the value at which the richest nations and people have are not all in paper money. Most of them are digital not in a material form.
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BigBall
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May 14, 2017, 07:13:02 PM |
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Bro it is better to earn bitcoins and earn some bitcoin because it is like printing money when you turn bitcoin to some real value you get so much coins in your value what looks really amasing.
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omonuyak
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May 14, 2017, 07:50:36 PM |
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Printing dollar more than the capital reserve will cost inflation. What make dollars a valuable assets is it purchased power. If dollars are printed more than necessary it will lose it values as money and revert back to normal paper.
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mariahh
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July 07, 2017, 08:45:18 AM |
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Well I suppose this a question that almost every child had "why are we borrow money instead of printing them?".The answer it's not as simple as we think.Money seperately has no value.We use the money to facilitate our transactions.In the past there was no money.Instead of them, people made exchanges with other products.So if we print Infinite money there will be a huge consumption in the market this means a chain reaction with many problems.
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Tolrem
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July 12, 2017, 12:59:27 AM |
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Nothing has inherent value. Gold has been the store of value forever. It however is antiquated. It's heavy, requires enormous structures to secure it, and is inherently valueless. Good luck exchanging a gold ingot for a loaf of bread in a hurry in a war-ravaged area. I don't think BTC is ever going to replace gold, but I think a digital asset may one day. However it has to be elemental like gold, pure, and unchangeable.
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calandra78
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July 13, 2017, 04:13:02 PM |
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if we print our money, prices will rise such that we’re no better off than we were before. Because wealth isn't created by printing money, it is only represented by it. furthermore we dont have paper and tools like bank have it ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) because if we print money yourself then it will not affect the market price happens. in fact it could be the price will go up after all your words correctly that if we print our own money do not have support tools as a moneymaker. and for the printing of money that there's already serving himself and the bank has also set out the influx of money will circulate in the market later, we just run it's course. and by printing money we also will not be able to get rich.
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killerfrost
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July 13, 2017, 05:09:34 PM |
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Bitcoin is a virtual currency and therefore it is not physical or material. So it can not be copied or copied as cash. You do wrong when it comes to saying that Bitcoin is a real value, it's just an online, fast, convenient and extremely secure online exchange.
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Paid Piper
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July 13, 2017, 05:46:22 PM |
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Bitcoin is a virtual currency and therefore it is not physical or material. So it can not be copied or copied as cash. You do wrong when it comes to saying that Bitcoin is a real value, it's just an online, fast, convenient and extremely secure online exchange. currently bitcoin is mostly us as online currency as it is not yet so much introduced and the users of bitcoin are not too much but with the passage of time I am sure that bitcoin will become more and more popular and then we will even use it in local shops also.
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snorlaxwithhat
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July 13, 2017, 07:32:43 PM Last edit: July 25, 2017, 09:45:50 PM by snorlaxwithhat |
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Yes, many of us have thought about that, now that's why we're all here. No one can print bitcoin haha
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kelseydustin
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July 13, 2017, 07:37:52 PM |
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The inflation, dude. That is why people not print dollars more and more. As you can see, if Satoshi did not limit the number of bitcoin can be mined, the price of bitcoin could not be as high as it is right now. The more bitcoin we have, the less value it can be.
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crazycatwoman03
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July 13, 2017, 09:58:23 PM |
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You can't print paper money without the specific material to do it... Cryptocurrency is a whole new revolution!
Right, this would be the advantage of bitcoin in other currecy which have a fiat. Because it can earn/generate through online that will result another income for the other. With the price more user are interesting, it is because on their just small amount of money they have a chances to get a big profit. This idea will help to encourage other people to use this/earn or use as a business. It is hard to happen, many fiat are used by people that are most demand than bitcoin and already accepted by stores.
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INVALID BBCODE: close of unopened tag in table (1)
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mklost
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July 15, 2017, 05:09:41 AM |
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The problem is trust because people need some confidence to the value and a printed paper without general acceptance its difficult to accept in that sense btc align the concensus of the economy and acceptance.
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Duzter
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July 15, 2017, 05:17:45 AM |
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When the availability increase than the requirement, surely the value of the dollar will decrease. So just based on the value backing dollar is printed and few countries have did the same these days.
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naidray
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July 15, 2017, 07:49:23 AM |
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When the availability increase than the requirement, surely the value of the dollar will decrease. So just based on the value backing dollar is printed and few countries have did the same these days.
But governments now a days not at all worrying about long term perspective but looking for solving immediate problems that is the reason they are simply printing money regardless of their reserving and production levels which slowly pushing down common people with less buying powered momentary system. I do hear united states is not at all following the basic criteria of printing currency notes or they might have altered those basics as per their need. But still dollars has power against most developing country. It may be possible for them with export levels but any sudden changes may backfire them for sure.
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Haesoo
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July 15, 2017, 10:10:41 AM |
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The inflation dude. The more you print dollar the less valuable it can be. Therefore, people do not want to print more and more money and if the government decide to do that, they are trying to against you
Exactly brother. As long as they print more money than the usual the more the money gets less valuable. The supply of paper bills goes high while the demand will be less because of the supply. The logic here even though they can print more paper bills, they will not do that because it just gets less valuable.
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Lampaster
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July 15, 2017, 10:17:31 AM |
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The inflation dude. The more you print dollar the less valuable it can be. Therefore, people do not want to print more and more money and if the government decide to do that, they are trying to against you
Exactly brother. As long as they print more money than the usual the more the money gets less valuable. The supply of paper bills goes high while the demand will be less because of the supply. The logic here even though they can print more paper bills, they will not do that because it just gets less valuable. In fact, all is not so simple. In many countries inflation is much higher and the local population uses the dollars to save their funds. This restrains inflation in America and so the American government can afford to print dollars in huge quantities without fear of inflation.
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jaysabi
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July 15, 2017, 02:41:34 PM |
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The inflation dude. The more you print dollar the less valuable it can be. Therefore, people do not want to print more and more money and if the government decide to do that, they are trying to against you
Exactly brother. As long as they print more money than the usual the more the money gets less valuable. The supply of paper bills goes high while the demand will be less because of the supply. The logic here even though they can print more paper bills, they will not do that because it just gets less valuable. In fact, all is not so simple. In many countries inflation is much higher and the local population uses the dollars to save their funds. This restrains inflation in America and so the American government can afford to print dollars in huge quantities without fear of inflation. Most of the money supply increases don't even come from the Federal Reserve but from fractional reserve banking. Banks take deposits and loan a fraction of it out, but the full amount is payable on demand to the depositor. There is now more money in the economy because of this, the physical currency exists that has been lent out, and the hypothetical currency the depositor can withdraw and counts as an asset. If the borrower uses his loan to increase the goods or services in the economy, the added growth pays back the loan and the money created in this system is warranted. If he defaults, that money disappears from the economy. When this happens on large scales, banks fail and we have a recession.
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Przemax
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July 15, 2017, 07:51:26 PM |
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For me personaly there is no convincing reason not to just print the dollars instead of borrowing them from a third party.
There are some official reasons why such a sittuation might be beneficial.
1. Someone is taking responsibility - mainly banks.
2. They say there are some benefits in managing the interest rates.
3. Fear of the big government.
Better question is to print or not print imho.
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arpon11
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July 15, 2017, 08:25:51 PM |
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Op in my kindly opinion the principle of Economic is against that. We should not see production of money like bitcoin that we can mining or others cryptocurrency but dollars is a regulatory currencies that only American government can issues and control and the government did not want to create inflation by allowed any body to produce their own.
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