successful gold standards are things like toyota trucks, ak-47's, u.s. c-notes which thrive in places like afghanistan and africa.
I'm now looking forward to the day I can travel to a third world nation an buy an AK-47 with bitcoin.
+1
Topic: Reminder - 60% of world population cannot access computer so Bitcoins will fail. (Read 2463 times)
June 07, 2011, 08:44:38 PM
successful gold standards are things like toyota trucks, ak-47's, u.s. c-notes which thrive in places like afghanistan and africa.
I'm now looking forward to the day I can travel to a third world nation an buy an AK-47 with bitcoin.
+1
June 07, 2011, 08:44:06 PM
Your thesis is nonsense. have you heard of social stratification? Societies defined by commerce or currency. Them and us, or some such analogy. The global population has never been more stratified since feudal times. There are the lords and the serfs. maybe BTC becomes the currency of the elites maybe it doesnt, but the serfs matter not in this
extreme class separation. The currency of the serfs is paper now, dollars to be exact, i.e. toilet paper. Gold, silver and assets are the currency of the elite, behind the curtain.
The elite laugh at the proles chasing their lives away for some paper scraps. Good or bad?...neh, just the way it is at this time. What is BTC in this scheme, does it become central to power or to the masses. Your guess is as good as mine.
extreme class separation. The currency of the serfs is paper now, dollars to be exact, i.e. toilet paper. Gold, silver and assets are the currency of the elite, behind the curtain.
The elite laugh at the proles chasing their lives away for some paper scraps. Good or bad?...neh, just the way it is at this time. What is BTC in this scheme, does it become central to power or to the masses. Your guess is as good as mine.
June 07, 2011, 08:38:48 PM
"the Internet is a passing fad
that will go the way of the BBS."
-By Bill Gates circa 1995
that will go the way of the BBS."
-By Bill Gates circa 1995
June 07, 2011, 08:34:46 PM
successful gold standards are things like toyota trucks, ak-47's, u.s. c-notes which thrive in places like afghanistan and africa.
I'm now looking forward to the day I can travel to a third world nation an buy an AK-47 with bitcoin.
June 07, 2011, 08:32:53 PM
Reminder: The U.S. is $100 trillion in debt and Bitcoin provides a better way to spend/save money than the current situation (i.e., the U.S. economy going to plummet).
June 07, 2011, 08:26:32 PM
Reminder: gabgab is a troll that can't even pass the Turing test.
June 07, 2011, 08:26:16 PM
So make a physically transferable component. Bitbills aren't too shabby for starters, or you could issue some kind of specie-backed currency in which BTC is the "specie." How do you think paper money got started in the first place?
June 07, 2011, 08:25:34 PM
If 40% of the world uses bitcoins, I think we are all set for life.
June 07, 2011, 08:25:16 PM
Why does that have anything to do with why a currency would fail? How many currencies exist right now that most people don't ever see or have access to?
And smart phones are basically computers anyway. Plus, many people who don't have computers still have access to them via friends or cafes and with the growing importance of the cloud, the hardware is becoming less essential anyway.
What made you even post this idea???
And smart phones are basically computers anyway. Plus, many people who don't have computers still have access to them via friends or cafes and with the growing importance of the cloud, the hardware is becoming less essential anyway.
What made you even post this idea???
June 07, 2011, 08:24:02 PM
...compared to say u.s. dollar bills which you can hold in your hand or stuff in your mattress.
this is why bitcoins will not go mainstream because majority of human beings on this planet do not have access to a computer.
successful gold standards are things like toyota trucks, ak-47's, u.s. c-notes which thrive in places like afghanistan and africa.
this is why bitcoins will not go mainstream because majority of human beings on this planet do not have access to a computer.
successful gold standards are things like toyota trucks, ak-47's, u.s. c-notes which thrive in places like afghanistan and africa.
Damn it!
This must be the same reason why the internet has failed!
June 07, 2011, 08:23:27 PM
What about mobile phones? We need a good mobile client ASAP!
June 07, 2011, 08:22:01 PM
...compared to say u.s. dollar bills which you can hold in your hand or stuff in your mattress.
this is why bitcoins will not go mainstream because majority of human beings on this planet do not have access to a computer.
successful gold standards are things like toyota trucks, ak-47's, u.s. c-notes which thrive in places like afghanistan and africa.
this is why bitcoins will not go mainstream because majority of human beings on this planet do not have access to a computer.
successful gold standards are things like toyota trucks, ak-47's, u.s. c-notes which thrive in places like afghanistan and africa.
Jump to: