2012-10-21 Warren Mosler about Bitcoin

[HostFat]

Again
http://moslereconomics.com/2012/12/10/bitcoins-join-global-bank-network/

I think that opening this topic on his page was the worst thing that he could do

[Stephen Gornick]

I think that opening this topic on his page was the worst thing that he could do

For him or for Bitcoin?

From another thread:

It looks like finally the point is getting across that Bitcoin can be useful no matter what the exchange rate.

That would be describing it as having intrinsic demand then, wouldn't it?  

[HostFat]

For him or for Bitcoin?

For him

[marcus_of_augustus]

Again
http://moslereconomics.com/2012/12/10/bitcoins-join-global-bank-network/

I think that opening this topic on his page was the worst thing that he could do

It should provide some good entertainment though ... he seems to have relented and admitted bitcoin can be used as a "currency", just for value transfer .... but then goes on to say "oh my gosh, who would use it to store value??" .... ergo it can't possibly be money.

Bitcoin hoarders eat these kind of guys for breakfast ....  

[goxed]

Has Mosler started hoarding BTC?

[twolifeinexile]

Again
http://moslereconomics.com/2012/12/10/bitcoins-join-global-bank-network/

I think that opening this topic on his page was the worst thing that he could do

It should provide some good entertainment though ... he seems to have relented and admitted bitcoin can be used as a "currency", just for value transfer .... but then goes on to say "oh my gosh, who would use it to store value??" .... ergo it can't possibly be money.

Bitcoin hoarders eat these kind of guys for breakfast ....  

I think Mosler have a lot of good insights, he is just a very opnioned and think he is right all the time. At least he see values of bitcoin as a payment network, and from here, things can change. Bitcoin is in the "bootstrapping" mode, so at this stage it is now unfair to say it is not a currency, it is probably not a "payment network" either, it is in its infancy/toddler that a rich guy as Mosler really have no incentive to jump in rather than wait and see. If things kicks off, he can easily jump may be $100 MM in , so no doublt he is not interested in now.

[baitanjzcop4282]

He seems to be on his toes when it comes to economics and world finance, and he has now spoken about our digital goodness, commenting on bitcoin-central.com which is the first Bitcoin exchange to become a federally backed bank

[TraderTimm]

He seems to be on his toes when it comes to economics and world finance, and he has now spoken about our digital goodness, commenting on bitcoin-central.com which is the first Bitcoin exchange to become a federally backed bank

Necro-posting shill.

Piss off...