Author

Topic: If "a penny saved is a penny earned" (Read 786 times)

sr. member
Activity: 350
Merit: 250
July 18, 2014, 06:24:22 PM
#8
But it could also gain value. If it was a Satoshi, for example! Just giving it away means losing it completely. Saving it is a reasonable thing to do!

i prefer to Give it away, to gain karma, from killing a man

with your cock.

Had to finish that sentence.

LOL someones hitting the booze early this friday.
full member
Activity: 126
Merit: 100
July 18, 2014, 06:05:44 PM
#7
a penny saved is only a penny earned if you find it on the ground
legendary
Activity: 1722
Merit: 1000
Satoshi is rolling in his grave. #bitcoin
July 18, 2014, 05:39:45 PM
#6
meaning a penny is "earned" because it loses value over time due to inflation, what is simply a penny saved (as a bitcoin).  Is Benjamin Franklin trying to tell us something about our inflationary money supply?

Obv, saving fiat is as dumb as you can go; so there may be some meaning to what u are saying.

Anyway you put it, economic system was allways made so that average person is making that 1% happy.
Same thing would happen if the whole worly used bitcoin only, rich ppl would find a way to obtain 99% of it.
legendary
Activity: 882
Merit: 1000
July 18, 2014, 05:12:00 PM
#5
But it could also gain value. If it was a Satoshi, for example! Just giving it away means losing it completely. Saving it is a reasonable thing to do!

i prefer to Give it away, to gain karma, from killing a man

with your cock.

Had to finish that sentence.
sr. member
Activity: 252
Merit: 250
July 18, 2014, 03:09:39 PM
#4
But it could also gain value. If it was a Satoshi, for example! Just giving it away means losing it completely. Saving it is a reasonable thing to do!

i prefer to Give it away, to gain karma, from killing a man
sr. member
Activity: 378
Merit: 250
FURring bitcoin up since 1762
July 18, 2014, 10:39:36 AM
#3
But it could also gain value. If it was a Satoshi, for example! Just giving it away means losing it completely. Saving it is a reasonable thing to do!
legendary
Activity: 882
Merit: 1000
July 18, 2014, 09:35:19 AM
#2
You're assuming all currencies have inflation. Currencies can have deflation.
sr. member
Activity: 252
Merit: 250
July 18, 2014, 09:24:54 AM
#1
meaning a penny is "earned" because it loses value over time due to inflation, what is simply a penny saved (as a bitcoin).  Is Benjamin Franklin trying to tell us something about our inflationary money supply?
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