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August 15, 2012, 04:13:04 AM |
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I saw a rarity post on another thread and it reminded me to check up on the SA forum. As was the case from half a year ago it was many pages between worthwhile posts. They had a golden period where there where maybe two or three per page but I guess those days are relegated to the dustbin of history.
One funny one I ran across was this:
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Raneman
Dec 24, 2010
Bitcoin has 3 kinds of people using it:
1. Dumb Libertarians
2. Smart Criminals
3. People of ambiguous intelligence trying to profit off of the former two.
I was thinking of joining the third group, then I realized I'd be much better off in the stock market where my money won't magically disappear randomly one day.
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The poor guy must be unaware of MF Global, or if he's drawing a distinction between the stock market and segregated funds at futures broker, he must be unaware of the flash crash and before that, 2008. My sense is that he shares the general SA members' faith in the modern capital markets and the effectiveness and willingness of the regulators to actually regulate them and punish wrongdoing.
Perhaps the guy is being tongue-n-cheek but I think anyone clever enough to do so in this way would probably not be paying the SA fee. I did notice that an SA person who deviates from support of mainstream financial dogma gets slapped down pretty quickly by his peers so a member would have to be about this circumspect in order to get away with such a comment on that board.
Though there is a surprising SA interest lately, it is amusing that BTC/fiat exchange rates have fallen out of favor as a topic of conversation.
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