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The "bitcoin bubble"
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Topic: The "bitcoin bubble" (Read 1933 times)
bpd
(OP)
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The "bitcoin bubble"
February 28, 2013, 11:10:00 PM
#1
I'm just going to leave this here, okay?
http://www.safehaven.com/article/5205/why-the-global-financial-system-is-about-to-collapse
Sorry, no TL;DR version -- if you want to really understand why there can't be such a thing as a "bitcoin bubble," you're just going to have to read it.
knight22
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--------------->¿?
Re: The "bitcoin bubble"
February 28, 2013, 11:41:51 PM
#2
Can you summerize a bit for us?
Want to know about the banking system scam?
Watch this:
The Biggest Scam In The History of Mankind
Money as Debt I
&
Money as Debt II - Promises Unleashed
"We can win a major battle in the arms race and gain a new territory of freedom for several years" - Satoshi Nakamoto
1B8XGHhAeXegTUPzysMrAgrPxSqCrcQyyn
bullioner
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Re: The "bitcoin bubble"
February 28, 2013, 11:52:44 PM
#3
Quote from: knight22 on February 28, 2013, 11:41:51 PM
Can you summerize a bit for us?
Money is special compared to assets such as non-monetized commodities, or shares of companies, for example. If something gets monetized, it can happen quickly, as once it starts everyone has an incentive to try and move earlier than others. Also: scarcity matters.
db
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⇾
Re: The "bitcoin bubble"
March 01, 2013, 12:18:54 PM
#4
Impressive. Written in 2006. "some new financial technology which permanently precludes debasement" Indeed.
AndrewK
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Re: The "bitcoin bubble"
March 01, 2013, 12:24:20 PM
#5
I wonder if this is the same Jon Law from capital stool?
1K4BacKKdssA5RGzaFx3D4LC9HVXjE2NvS
jubalix
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Re: The "bitcoin bubble"
March 02, 2013, 05:58:43 AM
#6
Quote from: bpd on February 28, 2013, 11:10:00 PM
I'm just going to leave this here, okay?
http://www.safehaven.com/article/5205/why-the-global-financial-system-is-about-to-collapse
Sorry, no TL;DR version -- if you want to really understand why there can't be such a thing as a "bitcoin bubble," you're just going to have to read it.
so about = 7 years....since 2006...
nah it doesn't collapse short of meteorite strike
Admitted Practicing Lawyer::BTC/Crypto Specialist. B.Engineering/B.Laws
https://www.binance.com/?ref=10062065
benjamindees
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Re: The "bitcoin bubble"
March 03, 2013, 03:37:56 AM
#7
Quote from: AndrewK on March 01, 2013, 12:24:20 PM
I wonder if this is the same Jon Law from capital stool?
I think that might be a
pseudonym
.
Quote
John Law was a Scottish economist who believed that money was only a means of exchange that did not constitute wealth in itself and that national wealth depended on trade.
Civil Liberty Through Complex Mathematics
bpd
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Re: The "bitcoin bubble"
March 04, 2013, 07:24:32 AM
#8
It was actually written by blogger Mencius Moldbug (another pseudonym). See
http://unqualified-reservations.blogspot.com/
The same blogger who recently wrote the "How Bitcoin Fails" piece.
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