Bitcoin Forum
July 20, 2019, 05:30:44 PM *
News: Latest Bitcoin Core release: 0.18.0 [Torrent] (New!)
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: 2013-04-03 Unqualified Reservations: Felix Salmon's Bitcoin FUD  (Read 873 times)
n8rwJeTt8TrrLKPa55eU
Hero Member
*****
Offline Offline

Activity: 588
Merit: 500



View Profile
April 04, 2013, 07:34:10 PM
 #1

Mencius Moldbug rebuttal to the Felix Salmon garbage article.

http://unqualified-reservations.blogspot.com/2013/04/felix-salmons-bitcoin-fud.html
1563643844
Hero Member
*
Offline Offline

Posts: 1563643844

View Profile Personal Message (Offline)

Ignore
1563643844
Reply with quote  #2

1563643844
Report to moderator
1563643844
Hero Member
*
Offline Offline

Posts: 1563643844

View Profile Personal Message (Offline)

Ignore
1563643844
Reply with quote  #2

1563643844
Report to moderator
1563643844
Hero Member
*
Offline Offline

Posts: 1563643844

View Profile Personal Message (Offline)

Ignore
1563643844
Reply with quote  #2

1563643844
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1563643844
Hero Member
*
Offline Offline

Posts: 1563643844

View Profile Personal Message (Offline)

Ignore
1563643844
Reply with quote  #2

1563643844
Report to moderator
1563643844
Hero Member
*
Offline Offline

Posts: 1563643844

View Profile Personal Message (Offline)

Ignore
1563643844
Reply with quote  #2

1563643844
Report to moderator
Maciek
Full Member
***
Offline Offline

Activity: 254
Merit: 100


amlt.coinfirm.io


View Profile WWW
April 04, 2013, 09:15:00 PM
 #2

+1

amlt.coinfirm.io - The token of compliance by Coinfirm
abbyd
Full Member
***
Offline Offline

Activity: 159
Merit: 100


View Profile
April 09, 2013, 12:05:51 AM
 #3

THIS

It is trivial to do business in Bitcoin when BTC/USD is unstable.  Simply post the price in USD, and use the BTC/USD
exchange rate as of the transaction date.  Even if buyer and seller are both saving in USD, within a couple of seconds
they can exchange in, send Bitcoin, and exchange out.  The prices realized may differ slightly from the posted estimate, but only slightly.


Nailed him pretty good - I actually enjoyed watching a "legitimate economist" cautiously praising bitcoin, then trying
to turn full negative in the last 3 paragraphs with some doggerel about "banking is a cornerstone of democracy".

BWAHAHA.
Wekkel
Legendary
*
Offline Offline

Activity: 2212
Merit: 1146


yes


View Profile
April 09, 2013, 05:17:40 AM
 #4

...
to turn full negative in the last 3 paragraphs with some doggerel about "banking is a cornerstone of democracy".

BWAHAHA.

You may want to rethink this over and contemplate whether modern capitalism (the free version, what's left of it) cold work without some form of banking. Personally, I think banking is an essential element of our society. Don't mistake the current situation for what it actually should have been.

           ▀██▄ ▄██▀
            ▐█████▌
           ▄███▀███▄
         ▄████▄  ▀███▄
       ▄███▀ ▀██▄  ▀███▄
     ▄███▀  ▄█████▄  ▀███▄
   ▄███▀  ▄███▀ ▀███▄  ▀███▄
  ███▀  ▄████▌   ▐████▄  ▀███
 ███   ██▀  ██▄ ▄██  ▀██   ███
███   ███  ███   ███  ███   ███
███   ███   ███████   ███   ███
 ███   ███▄▄       ▄▄███   ███
  ███▄   ▀▀█████████▀▀   ▄███
   ▀████▄▄           ▄▄████▀
      ▀▀███████████████▀▀
DeepOnion
.Anonymous and Untraceable.
ANN  Whitepaper  Facebook  Twitter  Telegram  Discord 





      ▄▄██████████▄▄
    ▄███▀▀      ▀▀█▀   ▄▄
   ███▀              ▄███
  ███              ▄███▀   ▄▄
 ███▌  ▄▄▄▄      ▄███▀   ▄███
▐███  ██████   ▄███▀   ▄███▀
███▌ ███  ███▄███▀   ▄███▀
███▌ ███   ████▀   ▄███▀
███▌  ███   █▀   ▄███▀  ███
▐███   ███     ▄███▀   ███
 ███▌   ███  ▄███▀     ███
  ███    ██████▀      ███
   ███▄             ▄███
    ▀███▄▄       ▄▄███▀
      ▀▀███████████▀▀
.
abbyd
Full Member
***
Offline Offline

Activity: 159
Merit: 100


View Profile
April 09, 2013, 10:31:51 AM
 #5

You may want to rethink this over and contemplate whether modern capitalism (the free version, what's left of it) cold work without some form of banking. Personally, I think banking is an essential element of our society. Don't mistake the current situation for what it actually should have been.
FTFY
 I think banking debt is an essential element of our society

The higher up the food chain you are, the more you justify the status quo...
but it's always sad when somebody thinks they're higher up than they are.
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!