Bitcoin Forum
May 06, 2024, 06:47:27 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Bitcoin Forum > Economy > Economics > When money dies
Pages: « 1 2 [3]  All
« previous topic next topic »
  Print  
Author Topic: When money dies  (Read 4815 times)
cbeast
Donator
Legendary
*
Offline Offline

Activity: 1736
Merit: 1006

Let's talk governance, lipstick, and pigs.


View Profile
November 24, 2014, 08:14:33 AM
 #41
Quote from: Foxpup on November 24, 2014, 08:12:01 AM
Quote from: cbeast on November 24, 2014, 07:29:03 AM
Year 3000. Once all of the Earth's natural resources are mapped, quantified, and there is no need for labor, who decides what is traded and its price?
A subspecies of Roko's basilisk that charges obscene prices to people who opposed the automation of all labour?
Without labor, where will Roko's customer's with money come from?
edit: I'd not seen that argument. It's silly.
Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
1715021247
Hero Member
*
Offline Offline

Posts: 1715021247

View Profile Personal Message (Offline)

Ignore
1715021247
1715021247
Reply with quote  #2
1715021247
Report to moderator
It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1715021247
Hero Member
*
Offline Offline

Posts: 1715021247

View Profile Personal Message (Offline)

Ignore
1715021247
1715021247
Reply with quote  #2
1715021247
Report to moderator
1715021247
Hero Member
*
Offline Offline

Posts: 1715021247

View Profile Personal Message (Offline)

Ignore
1715021247
1715021247
Reply with quote  #2
1715021247
Report to moderator
1715021247
Hero Member
*
Offline Offline

Posts: 1715021247

View Profile Personal Message (Offline)

Ignore
1715021247
1715021247
Reply with quote  #2
1715021247
Report to moderator
sonofacoin
Member
**
Offline Offline

Activity: 79
Merit: 10


View Profile
November 24, 2014, 08:18:14 PM
 #42
Quote from: Keyara on November 03, 2014, 08:03:17 AM
Kind of misleading.

Fiat might die, but money will not. Society always find a way to exchange good using a medium of exchange (aka money).

+1000
vvv8
Member
**
Offline Offline

Activity: 420
Merit: 10


View Profile
November 24, 2014, 08:28:30 PM
 #43
always find
exchange good
Pages: « 1 2 [3]  All
  Print  
Bitcoin Forum > Economy > Economics > When money dies
 « previous topic next topic »
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!