Author

Topic: I think I found the perfect quote for bitcoin (Read 1331 times)

legendary
Activity: 1498
Merit: 1000
Bitcoins can be lost though (People forget there wallet identifiers, lost passwords, inactive traders, broken computers, etc.)

While that is true, he isn't talking about that kind of lost, the lost he is talking about is when the fed pulls money out of circulation, could never happen with bitcoin.
legendary
Activity: 1498
Merit: 1000
Money itself isn't lost or made; it's simply transferred from Gordon Gekko?

Think about it, fiat money is created when ever it is need. Bitcoins aren't create while people say they are, I think the better terminology is unlocked and transfered to an address. This quote is simply saying no money is create or lost, just transfered from.

Transferred from--what? You can't end a sentence with a preposition. It makes the sentence nonsensical.

From the air, it is from another user...
legendary
Activity: 1022
Merit: 1000
Bitcoins can be lost though (People forget there wallet identifiers, lost passwords, inactive traders, broken computers, etc.)
full member
Activity: 126
Merit: 100
Money itself isn't lost or made; it's simply transferred from Gordon Gekko?

Think about it, fiat money is created when ever it is need. Bitcoins aren't create while people say they are, I think the better terminology is unlocked and transfered to an address. This quote is simply saying no money is create or lost, just transfered from.

Transferred from--what? You can't end a sentence with a preposition. It makes the sentence nonsensical.
full member
Activity: 126
Merit: 100
Money itself isn't lost or made; it's simply transferred from Gordon Gekko?
sr. member
Activity: 453
Merit: 254


Who would agree?

I agree.

This is just Bitcoin eating the fiat currencies of the world alive.

Its exchange value is going up like the exchange value of a seat in a Titanic's life boat.

Bitcoin have more gravitas than any other fiat money. It is the black hole currency that pull purchasing power away from all others.

legendary
Activity: 1498
Merit: 1000


Who would agree?
Jump to: