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Author Topic: I think I found the perfect quote for bitcoin  (Read 1300 times)
gweedo (OP)
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April 02, 2013, 12:45:12 AM
 #1


Who would agree?
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April 02, 2013, 12:52:39 AM
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Quote from: gweedo on April 02, 2013, 12:45:12 AM


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?
Merralea
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April 02, 2013, 01:22:52 AM
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Quote from: gweedo on April 02, 2013, 01:04:17 AM
Quote from: Merralea on April 02, 2013, 12:55:16 AM
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.
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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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