Our financial problems are derived from money?

[Huobi-USD]

What do you think about this phrase told it by Simon Dixon: our financial problems are derived from money, “simply because money is debt.”

Chek out the article and tell us what do you think about that.

http://cointelegraph.com/news/115231/simon-dixon-bitcoin-solves-3-major-problems-in-the-financial-system

[1715261482]

1715261482

[1715261482]

1715261482

[kromtar]

Well maybe, but i think the true problem are technology, looks like very few politics and economist talk about it they fear this...

Who will consume if technology make people unemployed? it's a vicious spiral, enterprises replace people with machines to be more competitive, then these unemployed people lose their consume capacity so enterprises go bankrupt.

In the end only a few big corporations are still making some money but they will disappear too, this system is gone because of technology we will have to make a new one.

[findftp]

What do you think about this phrase told it by Simon Dixon: our financial problems are derived from money, “simply because money is debt.”

Money is a ledger to keep track of when who did what.

If you create ledger inputs without being productive (print fiat), you are counterfeiting.

Financial problems are created by the ones who counterfeit (large central banks).

[Amph]

what i think that every problems about financial crisis and everything else is only imputable to one thing, that everyone is udnestimating, this is the overpopulation

if we were 1B at max i'm sure this world would have been a better place, from every point of view

[kromtar]

what i think that every problems about financial crisis and everything else is only imputable to one thing, that everyone is udnestimating, this is the overpopulation

if we were 1B at max i'm sure this world would have been a better place, from every point of view

Overpopulation is eugenesic bullshit, same will happen in a super technological society with 7b, 1b or 100k people...

[findftp]

what i think that every problems about financial crisis and everything else is only imputable to one thing, that everyone is udnestimating, this is the overpopulation

if we were 1B at max i'm sure this world would have been a better place, from every point of view

Overpopulation is eugenesic bullshit, same will happen in a super technological society with 7b, 1b or 100k people...

You cannot even measure overpopulation reliably when evening is driven by an unlimited supply of value tokens (fiat)
Once the money supply is limited and economies run on it you can tell if there is overpopulation or not

[Amph]

what i think that every problems about financial crisis and everything else is only imputable to one thing, that everyone is udnestimating, this is the overpopulation

if we were 1B at max i'm sure this world would have been a better place, from every point of view

Overpopulation is eugenesic bullshit, same will happen in a super technological society with 7b, 1b or 100k people...

no it isn't, it's the evil of the all thing, on this world, if there were few people in the world, less job would have been needed and there would be a condition to create more without overwhelming it

no intensive farming, less smog, less pollution of any kind etc, the list is so long is not even funny....

we have exceeded the good ratio between max population and what they need

[findftp]

what i think that every problems about financial crisis and everything else is only imputable to one thing, that everyone is udnestimating, this is the overpopulation

if we were 1B at max i'm sure this world would have been a better place, from every point of view

Overpopulation is eugenesic bullshit, same will happen in a super technological society with 7b, 1b or 100k people...

no it isn't, it's the evil of the all thing, on this world, if there were few people in the world, less job would have been needed and there would be a condition to create more without overwhelming it

no intensive farming, less smog, less pollution of any kind etc, the list is so long is not even funny....

we have exceeded the good ratio between max population and what they need

That's only true because people spend more than they deserve due to unlimited printing of value tokens.
Remove the current financial system and there could be an opportunity to equilibrium again

[kromtar]

Bullshit, technology will soon destroy all jobs and even only one human alone in the entire world will be unemployed.

Thats why politics, corporations and bakns are just stealing everything they can before that happen, they know it will happen.

[findftp]

Bullshit, technology will soon destroy all jobs and even only one human alone in the entire world will be unemployed.

Thats why politics, corporations and bakns are just stealing everything they can before that happen, they know it will happen.

Bullshit. First technology invented (the wheel) did not create unemployment. It created human progress and a higher standard of living. Even the wheel needed maintenance and improvement which created jobs.

[kromtar]

We will see soon, people are even paying for a slave and shit job... 

[findftp]

We will see soon, people are even paying for a slave and shit job... 

None are more hopelessly enslaved than those who falsely believe they are free. -- Johann Wolfgang von Goethe

Take profit with your knowledge.

[kromtar]

Until now the elite was responsible for distributing wealth, but in the near future they will be in charge of distributing poverty, until the technology end all jobs.

Then came the most important transition of humanity, evolve or cause our own extinction.

Inevitably this will happen, it's the law of evolution.

[Q7]

Our problem right now lies in the system. Not that we can do anything about it. It all stems from greed and the system is easily manipulated.

[odolvlobo]

Saying that our financial problems are derived from money (because it is debt) is like saying our murder problems are derived from bullets.

[ssmc2]

What do you think about this phrase told it by Simon Dixon: our financial problems are derived from money, “simply because money is debt.”

Money is a ledger to keep track of when who did what.

If you create ledger inputs without being productive (print fiat), you are counterfeiting.

Financial problems are created by the ones who counterfeit (large central banks).

This. What you want to say is, "Our financial problems are derived from government issued fiat."

[RealBitcoin]

What do you think about this phrase told it by Simon Dixon: our financial problems are derived from money toilet paper fiat currency, “simply because money toiletpaper fiat currency is created by borrowing itself into existence with interest on it.”

"Therefore there will always be more debt that currency in existence, because the interest rates is an addon to it. So you can never pay off the debt, you can only print more money to pay off the early debt until the ponzi scheme collapses...."

I edited your quote, this way it is more realistic.

Toilet paper ponzi fiat currency is not money. Its just a "bank-note", which is a fancy way to sell scam financial instruments to the gullible public.

[avatar_kiyoshi]

Saying that our financial problems are derived from money (because it is debt) is like saying our murder problems are derived from bullets.

This is make sense and obvious.

I thought the bitcoin was some kind of a crazy Ponzi scheme, I didn’t get involved and I don’t want to lose face. Therefore, if I say I love the blockchain, then I can be involved, is the translation of “I love the blockchain, I hate bitcoin,

Why there are still people suppose, if bitcoin is ponzi scheme

[MsCollec]

GREED ---- is the problem

[wxa7115]

There are many problems of which one is “money” The problem with “money” is that is not money but currency, fiat currency without any value at all currency that was borrowed into existence.