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Author Topic: I think I found the perfect quote for bitcoin  (Read 1202 times)
gweedo
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April 02, 2013, 12:45:12 AM
 #1



Who would agree?

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painlord2k
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April 02, 2013, 12:52:39 AM
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Who would agree?

I agree.

This is just Bitcoin eating the fiat currencies of the world alive.

Its exchange value is going up like the exchange value of a seat in a Titanic's life boat.

Bitcoin have more gravitas than any other fiat money. It is the black hole currency that pull purchasing power away from all others.

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April 02, 2013, 12:55:16 AM
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Money itself isn't lost or made; it's simply transferred from Gordon Gekko?
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April 02, 2013, 01:04:17 AM
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Money itself isn't lost or made; it's simply transferred from Gordon Gekko?

Think about it, fiat money is created when ever it is need. Bitcoins aren't create while people say they are, I think the better terminology is unlocked and transfered to an address. This quote is simply saying no money is create or lost, just transfered from.

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April 02, 2013, 01:22:52 AM
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Money itself isn't lost or made; it's simply transferred from Gordon Gekko?

Think about it, fiat money is created when ever it is need. Bitcoins aren't create while people say they are, I think the better terminology is unlocked and transfered to an address. This quote is simply saying no money is create or lost, just transfered from.

Transferred from--what? You can't end a sentence with a preposition. It makes the sentence nonsensical.
gweedo
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April 02, 2013, 01:27:23 AM
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Money itself isn't lost or made; it's simply transferred from Gordon Gekko?

Think about it, fiat money is created when ever it is need. Bitcoins aren't create while people say they are, I think the better terminology is unlocked and transfered to an address. This quote is simply saying no money is create or lost, just transfered from.

Transferred from--what? You can't end a sentence with a preposition. It makes the sentence nonsensical.

From the air, it is from another user...

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April 02, 2013, 02:16:53 AM
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Bitcoins can be lost though (People forget there wallet identifiers, lost passwords, inactive traders, broken computers, etc.)
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April 02, 2013, 03:41:23 AM
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Bitcoins can be lost though (People forget there wallet identifiers, lost passwords, inactive traders, broken computers, etc.)

While that is true, he isn't talking about that kind of lost, the lost he is talking about is when the fed pulls money out of circulation, could never happen with bitcoin.

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