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It is a crime to run your own currency in all countries members of the WTO (for good reasons). You are not allowed to use bitcoins to buy or sell any product in
by eduardordm 14y ago
It is a crime to run your own currency in all countries members of the WTO (for good reasons). You are not allowed to use bitcoins to buy or sell any product in any of those countries.
Also, I'm not a believer in bytes carrying out value. You see, a dollar bill is just a paper that represents a value that's not that paper. Having a serial number of a bill "could" be the same as having a bill itself. That makes bitcoins completely impossible to regulate, it will have life by itself. Lack of regulation is not freedom, is stupidity.
Economies with distinct realities cannot share the same currency or indexed currency. See Greece and Germany. Argentina and US.
Currencies will cease to exist. I'll not be alive to see that, but in the future there will be only XP points (just like diablo!) and maybe commodities. Currencies will slowly die out. You will be only capable of producing XP points by working, products itself will never generate XP points.
Maybe I'm just childish, but that's how I see it right now. It's friday, have a great day!!!
- dredmorbius 14y agoCitation needed.
- eduardordm 14y agoHigh school?!?! That's part of the Marrakesh Agreement!!! It makes clear that trading of goods can only happen by using it's signatories official currencies.