insert_coin

26 ms·

241.
by insert_coin 6y ago
Be honest. Make a law that announces everyone in the world who can and cannot do business in the US and what's expected of them, and then follow it. Do not ban arbitrary companies for whims and which hunts and vendettas even tho they a
242.
by insert_coin 6y ago
Those are not the problems those are (some of) the symptoms.
243.
by insert_coin 6y ago
Is not the money that is the problem, they hold bonds because they specifically do not want US dollars and are waiting for the time when the US (or the world) has something other than US dollars to offer them. They don't want dollars d
244.
by insert_coin 6y ago
Nonsense. If China dumps those bonds tomorrow the US dollar would collapse instantly. China would feel some pain of course, but their internal economy is not directly tied to international markets so they can handle it way better.
245.
by insert_coin 6y ago
> But, in terms of environmental crimes as discussed in these comments, the reason corporation dump toxic waste in the river is to avoid the clean-up cost - it's an economic crime. Stealing is also an economic crime then, as they ar
246.
by insert_coin 6y ago
> don’t you think it’s a little premature to compare it with 5000 years of carrier pigeons and horse drawn letter delivery? No. It is almost as if the two situations are not related.
247.
by insert_coin 6y ago
The current fiat system has be around for about 50 years. Don't you think it is a little premature to compare it with 5000 years of monetary history and declare it a winner? In any case, the fact that fiat money has not been able to pr
248.
by insert_coin 6y ago
> If spending is up, wouldn’t the stock market outperform Bitcoin anyway? The dollar is way down. It doesn't matter if the DOW hits 1 million if the dollar is worthless.
249.
by insert_coin 6y ago
The answer is of course that the question does not apply, because printing "money" and giving it to people is not the one and only way to ensure people do not starve (don't get me wrong it is a way, but is probably the most d
250.
by insert_coin 6y ago
Humans did not evolve to live in an environment with so few "real" enemies. Our brain will make up dangers around us and will task us as the only ones who really see them to take care of them. We need to reestructure the way we th
251.
by insert_coin 6y ago
That is not how any of it works. The factors of production are land, labor and capital. To produce any good or any service, anything of actual value you need them all, and by providing one you are entitled to a share of the profits proporti
252.
by insert_coin 6y ago
This should be a clear warning to all politicians pushing for backdoors, but it won't, and they'll blame anyone but themselves.
253.
by insert_coin 6y ago
What? Color film can do color, and took off because a lot of people wanted to see their memories in color. Infrared film can do infrared colors, and people who need to see those colors use it and to them is invaluable, but that need is not
254.
by insert_coin 6y ago
Never, it will forever be a niche product. It doesn't solve almost any problem better than what we actually have but keep the mind engaged in the future of virtual reality. VR is the flying car of software: so amazing to imagine, so im
255.
by insert_coin 6y ago
Facebook has been caught selling your data (and also giving it away for free) but most damming of all, Facebook has also been caught BUYING your data. So, if they have as policy not to sell their own data, it doesn't go both ways. Face
256.
by insert_coin 6y ago
If $1000 is 1% of your portfolio it is only a 1% loss, which is less than nominal inflation.
257.
by insert_coin 6y ago
It doesn't make any more sense than the dollar going to ~1/2000 oz of gold, but here we are. Bitcoin is decentralized fiat currency which you can perceive to be very valuable like the USD or worthless like the Venezuelan bolivar,