Coultan
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September 22, 2017, 06:58:30 PM |
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If we can make greenback just only to print, a lot of men and women will rich and just print the greenback to earn cash. So cash means practically nothing in this planet, since everyone can simply get greenback.
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CrownPolly
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September 22, 2017, 08:05:37 PM |
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If we can make greenback just only to print, a lot of men and women will rich and just print the greenback to earn cash. So cash means practically nothing in this planet, since everyone can simply get greenback.
If you can just print a dollar, then it will quickly depreciate. There will be a very high level of inflation. This will make us poor and hungry
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kamotharnn
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September 22, 2017, 08:12:17 PM |
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It is not as good as you think when priting more dollars. The inflation is the main reason of that and it will make the value of dollar less than it used to. For example, you can buy a bottle of beer with 1 dollar but if you print too much money, a bottle of beer will cost 2 dollar
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Mung1943
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September 23, 2017, 07:25:49 AM |
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the far more funds is printed, the much less they are well worth. You can not just print cash. Their benefit must be much less than the confirmed
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hpmp
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September 23, 2017, 07:29:50 AM |
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actually you can print cash. can and must sometimes. It's OK if the country economy is growing and new printed money are supported with new goods and services. No inflation in that situation.
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millgates
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September 23, 2017, 08:46:01 AM |
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While it is a good point, you simply cannot print off your debt. Printing a lot of money creates inflation, and if there's one thing you don't want as a country, it is inflation. This has happened to many countries before. Huge debt, print money, huge inflation problem. You really don't want this, really.
This is how the government manipulate their fiat by print it. Before we use fiat, people use gold as currency but it is not practically to carry. Then people agree to use banknote ( paper money) as the representation of gold. So the amount of fiat that can be printing must be the same as the amount of gold. If government just print dollar as many as they want it will dangerous for the economy of the country.
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funkenstein
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Khazad ai-menu!
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September 25, 2017, 01:48:46 PM |
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actually you can print cash. can and must sometimes. It's OK if the country economy is growing and new printed money are supported with new goods and services. No inflation in that situation.
This is equivalent to saying "it's ok to rob people if they still have enough to eat". Note that in the growth and improved efficiencies paradigm everyone would be GAINING purchasing power and value if the extra weren't being printed. Instead it's just "no inflation". Hardly OK if you ask me. In other words, just because your funbuck is worth the same as it was last year doesn't mean you weren't robbed blind. It could have been worth 10 times that, but instead that value was transferred to blowing people up, cutting down forests, and building dumbass mcmansions.
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kucritt
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September 25, 2017, 01:57:22 PM |
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print dollars to pay some debt? thats make inflation in the country, inflation is process that money distributed in the country is too much that make money value decreased, for example is now you can buy a drink with $2 if infaltion happen you can pay more for that drink maybe $3 or $4,
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White Christmas
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★Bitvest.io★ Play Plinko or Invest!
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September 25, 2017, 02:10:49 PM |
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In order to print or make your own money you need to build an audience that will trust and accept it. Any tender legal or otherwise only has value because a certain group of people put value in it.
Exactly you can print money anytime but the question is would people support it? Before you make money there are many things to be consider, if its okay to your country, to the government and to the people who would going to used it. When your country have a growing economy I think its not that hard to make another type of money because surely it will be supported by lots of people in your country.
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Cryptonodes
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September 25, 2017, 02:22:52 PM |
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Well, that is precisely what happens.
Money is printed to avoid debt bankruptcy.
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kuckong
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Token That Will Transform The Venture Capital Mark
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September 25, 2017, 02:55:22 PM |
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and yes, if all people print the money than price of printer will be rise like gold. and all people will earn printer to be rich man
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emezh10
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September 25, 2017, 03:26:29 PM |
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I will just state my observations in short: Printing too much paper drives a country into inflation. Inflation can ruin the country and destroy its economy. Bitcoin has no real value, but it can be perceived that bitcoin will always be equal to another bitcoin and not to 1200$/1million$, nobody can really determine its perfect value at a perfect time, because there is a difference between price and value.
If there would be a lot of paper money that printed in the market it can be a result for fiat to lose its current and value becasue paper money and also bitcoin much depends it value by the law of price and demand. Where if there is more stock compare to the demand it will just simply results for it to lose its value.
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John777
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September 25, 2017, 03:37:10 PM |
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It is not as good as you think when priting more dollars. The inflation is the main reason of that and it will make the value of dollar less than it used to. For example, you can buy a bottle of beer with 1 dollar but if you print too much money, a bottle of beer will cost 2 dollar But the rise in price will not be a problem for the one who prints money to himself We need only learn how to make very good copies so that no one can distinguish from the original.
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Hydrogen
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September 25, 2017, 04:10:27 PM |
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Compare the value and supply of cryptos.
Litecoin total number of coins that will be issued: 84 million. Bitcoin total number of coins that will be issued: 21 million. Dash total number of coins that will be issued: 22 million.
The reason litecoin's value is a fraction of dash's value could be litecoin's total supply being so much higher.
That's the issue with printing money. Greater supply typically equates to lower value.
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amaral1977
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September 25, 2017, 04:19:54 PM |
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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. Every currency as we know it today as no value backing it. The bank basement full of gold is gone long time a good. Currencies as we know are no more than Debt titles. That we believe will have value to trade for something. Bitcoin is the same but the trust base is not the state or government but a decentralized algorithm...
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ButtCrack
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September 25, 2017, 05:07:03 PM |
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print dollars to pay some debt? thats make inflation in the country, inflation is process that money distributed in the country is too much that make money value decreased, for example is now you can buy a drink with $2 if infaltion happen you can pay more for that drink maybe $3 or $4,
Maybe, he does not know the nature of the world's economy and finance. Not as you want to print more money and have not any problem or the price to pay. You have to remember, nothing is free and the FIAT also like that
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futuret
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September 27, 2017, 11:42:41 PM |
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Well, that is precisely what happens.
Money is printed to avoid debt bankruptcy.
Bank corruption is the main issue using the printed dollars. Bitcoin is safe and easy to use I think much more than the dollar and the simple currency the price of the bitcoin is high now so! It is not only the currency but it is the investment and it is very good for the people who use it as the long time investment as well. So for me it is good to earn bitcoin than to print the dollars.
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Melissa95
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September 29, 2017, 08:11:04 AM |
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Now, when the government runs a budget deficit they are essentially “printing” bonds and adding them to the private sector. This adds to the net financial assets of the private sector because the non-government sector has a higher net worth. This can correctly be referred to as “bond printing”, but it is not the common way that people discuss “money printing” as is usually referred to in discussions about QE and Central Banking.
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ShadowBits
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September 29, 2017, 05:52:15 PM |
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you cant do that for it will lose value thats the difference of a centralized currency the value is controlled bitcoin is different
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RadioActivetechguy
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September 29, 2017, 06:04:15 PM |
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That's because countries have restrictions on printing notes except for the US. US will declare war if a country decides to print unlimited amount of its own currency,and this will affect the markets diversely and tremendously. And when countries borrow from other countries ,there will be circulation of foreign exchange all over the world.
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