Bitcoin Forum
November 24, 2017, 10:49:26 PM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: « 1 2 [3]  All
  Print  
Author Topic: Thought experiment: Resetting spendings each month; what would happen?  (Read 4089 times)
benjamindees
Legendary
*
Offline Offline

Activity: 1330


View Profile
April 13, 2011, 03:22:43 AM
 #41

Things that people need to save up for would either be gov't subsidized (mortgages) or they wouldn't exist since there would be no credit for them (nuclear power plants).

Civil Liberty Through Complex Mathematics
1511563766
Hero Member
*
Offline Offline

Posts: 1511563766

View Profile Personal Message (Offline)

Ignore
1511563766
Reply with quote  #2

1511563766
Report to moderator
1511563766
Hero Member
*
Offline Offline

Posts: 1511563766

View Profile Personal Message (Offline)

Ignore
1511563766
Reply with quote  #2

1511563766
Report to moderator
1511563766
Hero Member
*
Offline Offline

Posts: 1511563766

View Profile Personal Message (Offline)

Ignore
1511563766
Reply with quote  #2

1511563766
Report to moderator
Join ICO Now A blockchain platform for effective freelancing
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
TiagoTiago
Hero Member
*****
Offline Offline

Activity: 616


Firstbits.com/1fg4i :)


View Profile
April 13, 2011, 03:30:47 AM
 #42

You don't think people would deal well with the idea of floating value and adjusting prices down untill their intended customers can afford the productvservice?

(I dont always get new reply notifications, pls send a pm when you think it has happened)

Wanna gimme some BTC/BCH for any or no reason? 1FmvtS66LFh6ycrXDwKRQTexGJw4UWiqDX Smiley

The more you believe in Bitcoin, and the more you show you do to other people, the faster the real value will soar!

Do you like mmmBananas?!
tomcollins
Full Member
***
Offline Offline

Activity: 182


View Profile
April 13, 2011, 03:37:43 PM
 #43

There's no need for a thought experiment.  Just look at Zimbabwe, or Germany after WWI.  Your money was worthless by the end of the month (or even sooner), so everyone reset by then.  Everyone ended up being trillionaires or more.
Pages: « 1 2 [3]  All
  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!