GOLFMK8
GOLFMK7
GOLFMK6
GOLFMKV

Anyone else mining

jimlloyd40

jimlloyd40

Autocross Champion
Thumper said:
That has got to be the most hilariously tone deaf and ignorant statement I have seen in quite some time. LMAO You believing in the governments "assets" and ability and willingness to stand behind the currency is somehow not a belief? Like I can somehow go to a store and say "No, no sir, you HAVE to give me a loaf of bread for these dollars........the government has office chairs and pens."



You're example is built on exaggeration to attempt to prop up your point, but in reality that exact situation can and does happen to so called "real" currencies everyday. Or was the Venezuelan Bolivar not a real currency? It was based on the "assets" of the government and their ability to collect a percentage of their GDP.............In that very REAL example the coin worth a $60,000 car was actually worth about $60 the next day.

I went into the gas station last week and dropped $20 on 6.55 gallons of gas. Today my $20 was only worth 6.1 gallons. Next week it will probably be under 6 gallons. The scale is irrelevant, the principle your example illustrates in exaggeration is real (it's called inflation, should learn about it) and no different than what you claim to be a flaw of BC yet is a standard trait of all modern currencies. Your belief in fake monetary policies does not grant a worthless item any value anymore than the BC miner's belief in that currency's "realness" makes it solid.
Click to expand...
Your Bitcoin could drop to zero whereas for the dollar to be worthless it would have to be a catastrophic collapse of the entire economy.
 
GTIfan99

GTIfan99

Autocross Champion
jimlloyd40 said:
Your Bitcoin could drop to zero whereas for the dollar to be worthless it would have to be a catastrophic collapse of the entire economy.
Click to expand...

The US would have to cease to exist. No cryto would be worth anything either in the scenario.

I hate to sound like a broken record, but cryto is the future, but it will be centrally bank backed crytos, not a "currency" backed by some 27 year old.
 
Acadia18

Acadia18

Autocross Champion
Keehs360 said:
Bro. Only fans. That’s where it’s at! If I was a hot lady. I’d have no shame bro
Click to expand...

Honestly, I don't believe you. There's kinks for all types of people and nothing stopping you from putting up that OF page now if you wanted.
 
GTIfan99

GTIfan99

Autocross Champion
Acadia18 said:
Honestly, I don't believe you. There's kinks for all types of people and nothing stopping you from putting up that OF page now if you wanted.
Click to expand...

He already sent me nudes. He sent Jim's for free.

You missed the boat, man.
 
You must log in or register to reply here.
Top