<< <i>A private individual creates money out of thin air and people accept it as payment for goods and services. P. T. Barnum should be here to see this. He would have laughed his azz off. >>
Are you talking about the Federal Reserve or bitcoin?
If you are talking about the Federal Reserve then I would agree.
If you are talking about bitcoin then I think you need to do some more reading about it. Here is a good place to start: www.bitcoin.org >>
Federal Reserve notes are legal tender and can be used to pay your taxes. Can you say the same about bitcoins?
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
<< <i>A private individual creates money out of thin air and people accept it as payment for goods and services. P. T. Barnum should be here to see this. He would have laughed his azz off. >>
Are you talking about the Federal Reserve or bitcoin?
If you are talking about the Federal Reserve then I would agree.
If you are talking about bitcoin then I think you need to do some more reading about it. Here is a good place to start: www.bitcoin.org >>
Federal Reserve notes are legal tender and can be used to pay your taxes. Can you say the same about bitcoins? >>
No, but I can sell bitcoin for federal reserve notes and then pay taxes with federal reserve notes. I can also do that with gold and silver. >>
Are you comparing bitcoins to gold and silver?
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Comments
<< <i>
<< <i>A private individual creates money out of thin air and people accept it as payment for goods and services. P. T. Barnum should be here to see this. He would have laughed his azz off.
Are you talking about the Federal Reserve or bitcoin?
If you are talking about the Federal Reserve then I would agree.
If you are talking about bitcoin then I think you need to do some more reading about it. Here is a good place to start: www.bitcoin.org >>
Federal Reserve notes are legal tender and can be used to pay your taxes. Can you say the same about bitcoins?
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
<< <i>
<< <i>
<< <i>
<< <i>A private individual creates money out of thin air and people accept it as payment for goods and services. P. T. Barnum should be here to see this. He would have laughed his azz off.
Are you talking about the Federal Reserve or bitcoin?
If you are talking about the Federal Reserve then I would agree.
If you are talking about bitcoin then I think you need to do some more reading about it. Here is a good place to start: www.bitcoin.org >>
Federal Reserve notes are legal tender and can be used to pay your taxes. Can you say the same about bitcoins? >>
No, but I can sell bitcoin for federal reserve notes and then pay taxes with federal reserve notes. I can also do that with gold and silver. >>
Are you comparing bitcoins to gold and silver?
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
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