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Topic: A retort to the "Monopoly Money Argument" (Read 1734 times)

hero member
Activity: 546
Merit: 500
August 03, 2012, 12:07:49 PM
#9
All money is Monopoly money because all money is just an arbitrary token in an arbitrary game.


Dollars are worth less than the Monopoly money, because they are issued as debt. At least in the game, you can play honestly.
legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
August 03, 2012, 09:14:04 AM
#8
All money is Monopoly money because all money is just an arbitrary token in an arbitrary game.
My first thought also.
legendary
Activity: 1050
Merit: 1000
August 03, 2012, 09:12:23 AM
#7
Fiat is the Monopoly Money
legendary
Activity: 1358
Merit: 1003
Ron Gross
August 03, 2012, 06:57:51 AM
#6
Why link it to reddit where it links to the Bitcoin Wiki?

Sorry, my mistake ... fixed.
legendary
Activity: 1358
Merit: 1002
August 03, 2012, 04:34:37 AM
#5
A friend just asked me today what separates Bitcoin from Monopoly Money.

Here is the result.

Why link it to reddit where it links to the Bitcoin Wiki?
legendary
Activity: 1708
Merit: 1066
August 03, 2012, 03:50:11 AM
#4
From the rules of Monopoly:

The Bank "never goes broke." If the Bank runs out of money, the Banker may issue as much as needed by writing on any ordinary paper.


Which would you prefer: 1,000 bitcoin or a scrap of paper from a Banker with '$10,000' scribbled on it ?
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
August 03, 2012, 03:24:12 AM
#3
fiat money has value because you are forced to accept it.

thread over.
legendary
Activity: 1500
Merit: 1022
I advocate the Zeitgeist Movement & Venus Project.
August 03, 2012, 03:20:54 AM
#2
All money is Monopoly money because all money is just an arbitrary token in an arbitrary game.
legendary
Activity: 1358
Merit: 1003
Ron Gross
August 03, 2012, 03:06:35 AM
#1
A friend just asked me today what separates Bitcoin from Monopoly Money.

Here is the result.
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