My favorite line of reasoning like this is the goldbugs who argue that gold is a better currency because it has "intrinsic value" whereas the printed dollar doesn't. Always fun to see them explain exactly how gold has intrinsic value without busting a tautological nut.
In my fan fiction of reality masterfully wise Satoshi purposefully introduced the deflationary flaw into Bitcoin such that it would serve to test & prove the strength of the blockchain while also collapsing eventually as a currency. This limits what could be a huge grant of wealth to random goldbugs and nerds.
9 comments
n/a SnapshillBot 2017-02-01
Now with added Cancer!
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n/a toynbeeidea16 2017-02-01
Oh, let me guess: Real money only has value because we have collectively decided it has value, therefore buttcoins are totally valid?
n/a Hellkyte 2017-02-01
My favorite line of reasoning like this is the goldbugs who argue that gold is a better currency because it has "intrinsic value" whereas the printed dollar doesn't. Always fun to see them explain exactly how gold has intrinsic value without busting a tautological nut.
n/a JoeFalchetto 2017-02-01
"Is gold a currency?"
"No."
Ron Paul vs. Our Savior Mr Bernke
n/a none_to_remain 2017-02-01
In my fan fiction of reality masterfully wise Satoshi purposefully introduced the deflationary flaw into Bitcoin such that it would serve to test & prove the strength of the blockchain while also collapsing eventually as a currency. This limits what could be a huge grant of wealth to random goldbugs and nerds.
n/a marsjazztrio 2017-02-01
I'll never not laugh at the fun simplicity of calling bitcoin buttcoin.
n/a BannedFromImzy 2017-02-01
The folks at /r/economics are actually nice to him. Nobody answered him with copypasta and they take the time to explain shit to him.
n/a Kazruw 2017-02-01
I'm surprised anyone has the patience for that. It's like talking to a below average intelligence brick wall.
n/a BannedFromImzy 2017-02-01
Except the brick wall has aspergers and just took meth.