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The fiat-money bubble! Economics
The only problem with this view is that everything that is deemed 'money' is iss…
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n/a | BobK71 | April 25, 2017, 11:11:54 AM |
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The fiat-money bubble! Economics
It should be pretty obvious by now that all these features don't sufficeFor some…
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n/a | BobK71 | April 24, 2017, 11:11:36 AM |
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The fiat-money bubble! Economics
Yea i agree, everything without any "practical value" as food, shelter etc has a…
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n/a | BobK71 | April 23, 2017, 01:27:15 PM |
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The fiat-money bubble! Economics
My personal theory is that cryptocurrency is not the bubble, but rather the need…
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n/a | BobK71 | April 20, 2017, 11:55:11 AM |
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The fiat-money bubble! Economics
Fiat money has only been around for 46 years, if you use the technical definitio…
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n/a | BobK71 | April 20, 2017, 11:36:57 AM |
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The Real Reason to Hold Gold And Bitcoin Economics
Before I knew bitcoin, I'm invest on gold and try to invest every 6 month since…
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n/a | BobK71 | April 20, 2017, 08:12:50 AM |
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It's Time To Get Painfully Honest: Banks Are Evil Economics
The pension system has been many times compared to a pyramid scheme. Sad part is…
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n/a | BobK71 | April 20, 2017, 07:23:47 AM |
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It's Time To Get Painfully Honest: Banks Are Evil Economics
The root of this is fractional reserve lending. It caused goldsmiths to go bankr…
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n/a | BobK71 | April 18, 2017, 11:41:20 AM |
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The Real Reason to Hold Gold And Bitcoin Economics
The real reason to hold Gold and Bitcoin is human tendency to secure future or t…
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n/a | BobK71 | April 14, 2017, 06:14:19 AM |
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The Real Reason to Hold Gold And Bitcoin Economics
Rarity is the real reason why to hold Gold. And the deflationary feature why to…
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n/a | BobK71 | April 14, 2017, 06:02:19 AM |
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The Real Reason to Hold Gold And Bitcoin Economics
For your savings, you should definitely hold gold and/or Bitcoin. This post is…
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n/a | BobK71 | April 12, 2017, 08:18:38 AM |
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The Real Reason to Hold Gold And Bitcoin Economics
With gold... what if huge mines are found? or some asteroid once we have advance…
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n/a | BobK71 | April 12, 2017, 07:55:35 AM |
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The Real Reason to Hold Gold And Bitcoin Economics
The real reason is that they have limited supply, and people want them. (people…
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n/a | BobK71 | April 12, 2017, 08:02:31 AM |
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It's Time To Get Painfully Honest: Banks Are Evil Economics
The really sad part is when people are asking when we will have a Bitcoin Bank.…
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n/a | BobK71 | April 10, 2017, 09:07:05 PM |
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It's Time To Get Painfully Honest: Banks Are Evil Economics
After all it's money we are talking about.And when it comes up to money, friends…
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n/a | BobK71 | April 06, 2017, 09:13:10 PM |
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It's Time To Get Painfully Honest: Banks Are Evil Economics
I know students enrolled in economics courses in colleges/universities, right no…
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n/a | BobK71 | April 06, 2017, 08:49:14 PM |
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The Real Reason to Hold Gold And Bitcoin Economics
The world is run by the state-bank alliance. The top politicians and bankers jo…
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n/a | BobK71 | April 06, 2017, 07:58:30 AM |
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Is GoldMoney.com safe to trade gold? Economics
I agree, holding gold on paper is totally a hard thing to believe even. The plat…
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n/a | BobK71 | April 05, 2017, 11:07:57 AM |
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Is GoldMoney.com safe to trade gold? Economics
2. Bullion is troublesome and costly to sell, since you have to pay to get it ve…
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n/a | BobK71 | April 05, 2017, 11:56:50 AM |
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Can we stop talking about the same shit? Economics
Excuse me guys, what is signature spam, and why are people paid to post?Most pos…
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n/a | BobK71 | April 05, 2017, 11:47:05 AM |
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It's Time To Get Painfully Honest: Banks Are Evil Economics
It's not just the banks; it's the state-bank alliance. They jointly profit from…
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n/a | BobK71 | April 05, 2017, 08:12:38 AM |
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Is GoldMoney.com safe to trade gold? Economics
Regarding BitGold, now named GoldMoney.com1. You think it is safe to trade gold…
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n/a | BobK71 | April 05, 2017, 07:32:07 AM |
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How a cashless society could kill Bitcoin. Economics
To address the original point on its own terms (i.e. the idea that if the govern…
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n/a | BobK71 | April 03, 2017, 03:23:59 PM |
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How a cashless society could kill Bitcoin. Economics
We can only hope that by the time they consider bitcoin a real treat, our techno…
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n/a | BobK71 | April 03, 2017, 02:50:32 PM |
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Question that has been a million times here Economics
I agree, bitcoin is similar to gold but the only difference is that bitcoin can…
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n/a | BobK71 | March 29, 2017, 09:28:50 AM |
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Question that has been a million times here Economics
I'm sorry for your situation. The entire modern economy is based on producing a…
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n/a | BobK71 | March 28, 2017, 03:39:16 PM |
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Big Message in A Small Package Economics
Great post, btw. Sorry for late response, I kept putting it off.Always good to h…
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n/a | BobK71 | March 28, 2017, 08:37:59 AM |
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Big Message in A Small Package Economics
Yeah that seems to happen a lot before.Fighting against those who are in power w…
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n/a | BobK71 | March 23, 2017, 08:51:32 PM |
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china will no longer able to control bitcoin market??? Economics
You obviously fail to see the forest for the trees More specifically, you at fir…
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n/a | BobK71 | March 20, 2017, 03:10:48 PM |
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china will no longer able to control bitcoin market??? Economics
I've heard it many times that the IMF forbids its members from pegging their cur…
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n/a | BobK71 | March 20, 2017, 08:35:03 AM |
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china will no longer able to control bitcoin market??? Economics
Whatever China pegs their currency to, it won't be stronger than thatSorry, I ha…
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n/a | BobK71 | March 19, 2017, 11:17:10 PM |
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Big Message in A Small Package Economics
A part of me want everyone to use Bitcoin but another says that would not be ide…
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n/a | BobK71 | March 19, 2017, 10:28:11 PM |
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china will no longer able to control bitcoin market??? Economics
Whatever China pegs their currency to, it won't be stronger than thatSorry, I ha…
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n/a | BobK71 | March 18, 2017, 03:05:31 AM |
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Big Message in A Small Package Economics
I'm kind of lost on the message that you're aiming to get across from this, but…
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n/a | BobK71 | March 18, 2017, 02:43:38 AM |
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Big Message in A Small Package Economics
Historians and textbooks never seem to divulge information that helps people und…
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n/a | BobK71 | March 17, 2017, 10:11:36 AM |
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Big Message in A Small Package Economics
You have some major points there but the way you deliver your message was messy…
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n/a | BobK71 | March 16, 2017, 12:25:16 PM |
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Big Message in A Small Package Economics
As someone who's mostly ignorant on how things work (heck, can't even wrap my he…
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n/a | BobK71 | March 16, 2017, 11:56:19 AM |
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Big Message in A Small Package Economics
I have a framed copy of a October, 1929 front page of the New York Times.Apart f…
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n/a | BobK71 | March 16, 2017, 08:29:32 AM |
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china will no longer able to control bitcoin market??? Economics
Everytime I see China in the news, it's usually about outflow crackdown so I ass…
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n/a | BobK71 | March 15, 2017, 03:49:49 PM |
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china will no longer able to control bitcoin market??? Economics
In today's world, if China wants Bitcoin to go down, the US wants it to go up or…
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n/a | BobK71 | March 15, 2017, 10:52:44 AM |
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china will no longer able to control bitcoin market??? Economics
In today's world, if China wants Bitcoin to go down, the US wants it to go up or…
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n/a | BobK71 | March 15, 2017, 08:11:38 AM |
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A 'Base' Price of Bitcoin at US$180,000 Economics
truth is, the value of it depends on the adoption and how well it translates int…
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n/a | BobK71 | March 09, 2017, 05:06:40 PM |
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A 'Base' Price of Bitcoin at US$180,000 Economics
Bitcoin is quite a complicated asset due to its use as a currency and the fact t…
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n/a | BobK71 | March 09, 2017, 04:52:40 PM |
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A 'Base' Price of Bitcoin at US$180,000 Economics
You can't just assume the BTC market cap will be at the same market cap of Gold.…
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n/a | BobK71 | March 09, 2017, 04:37:55 PM |
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A 'Base' Price of Bitcoin at US$180,000 Economics
I'm trying to do a quantitative estimation of Bitcoin's 'fair' value based on so…
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n/a | BobK71 | March 09, 2017, 12:22:42 PM |
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A 'Base' Price of Bitcoin at US$18,000 Economics
- Assume there are 30 ounces of gold for every bitcoin in existence.Let me poke…
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n/a | BobK71 | March 09, 2017, 12:54:23 PM |
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The Meaning of Banning Cash Economics
What could help put history into context is metrics to determine how efficient o…
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n/a | BobK71 | March 08, 2017, 09:34:34 AM |
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The Meaning of Banning Cash Economics
Personally, I am in favor of an Anarcho-Capitalist system, since it brings us aw…
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n/a | BobK71 | March 07, 2017, 09:13:26 AM |
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The Meaning of Banning Cash Economics
What could help put history into context is metrics to determine how efficient o…
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n/a | BobK71 | March 05, 2017, 05:08:09 PM |
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The Meaning of Banning Cash Economics
You can argue that the history of the modern world is the history of financial r…
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n/a | BobK71 | March 04, 2017, 05:36:04 PM |
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Death Is The Price of Imperial Money Economics
The real question is - should the US just sit back and watch as Dictators and Te…
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n/a | BobK71 | February 27, 2017, 08:45:03 AM |
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Death Is The Price of Imperial Money Economics
War is profitable for the state, war is needed for the economy. Why not fan the…
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n/a | BobK71 | February 23, 2017, 05:49:38 PM |
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Death Is The Price of Imperial Money Economics
While I can see the point you're trying to get across, for a lot of people there…
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n/a | BobK71 | February 22, 2017, 10:00:33 AM |
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Death Is The Price of Imperial Money Economics
In as much as I dont support US decision in entering any country with the motive…
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n/a | BobK71 | February 17, 2017, 08:55:42 AM |
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Death Is The Price of Imperial Money Economics
In as much as I dont support US decision in entering any country with the motive…
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n/a | BobK71 | February 14, 2017, 04:57:38 PM |
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Banning Usury will promote cryptocurrencies Economics
Not entirely sure what your point is here, but if you think 19th and 20th centur…
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n/a | BobK71 | February 13, 2017, 05:07:38 PM |
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Banning Usury will promote cryptocurrencies Economics
In fact, in your place I would try to address the lack of sustainability in the…
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n/a | BobK71 | February 13, 2017, 10:59:16 AM |
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Banning Usury will promote cryptocurrencies Economics
Your point was that a fix-money-supply system is logically provable to be inhere…
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n/a | BobK71 | February 10, 2017, 04:35:27 PM |
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Death Is The Price of Imperial Money Economics
That is very factual and I agree to that. America has no concern on the freedom…
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n/a | BobK71 | February 10, 2017, 02:55:10 PM |
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Banning Usury will promote cryptocurrencies Economics
Your point was that a fix-money-supply system is logically provable to be inhere…
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n/a | BobK71 | February 10, 2017, 02:27:02 PM |
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Banning Usury will promote cryptocurrencies Economics
Where is your proof?Maybe, in this postBut then again you are free to disagree,…
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n/a | BobK71 | February 09, 2017, 09:26:02 AM |
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Death Is The Price of Imperial Money Economics
That is very factual and I agree to that. America has no concern on the freedom…
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n/a | BobK71 | February 08, 2017, 09:51:13 AM |
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Banning Usury will promote cryptocurrencies Economics
Where is your proof?Maybe, in this postBut then again you are free to disagree,…
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n/a | BobK71 | February 08, 2017, 09:30:28 AM |
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Banning Usury will promote cryptocurrencies Economics
If the United States of America will use bitcoin then they could no longer repro…
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n/a | BobK71 | February 08, 2017, 09:24:11 AM |
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Banning Usury will promote cryptocurrencies Economics
Where is your proof?Maybe, in this postBut then again you are free to disagree,…
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n/a | BobK71 | February 08, 2017, 09:13:12 AM |
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Banning Usury will promote cryptocurrencies Economics
If you don't want to accept my proof, I simply can't force youOther than that, t…
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n/a | BobK71 | February 07, 2017, 04:59:46 PM |
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Death Is The Price of Imperial Money Economics
some country is ready embargo in USA is can't dieand youre write not economic em…
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n/a | BobK71 | February 07, 2017, 08:38:39 AM |
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Banning Usury will promote cryptocurrencies Economics
And then we are right back to my example which proves that any economic system b…
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n/a | BobK71 | February 07, 2017, 08:26:14 AM |
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One Key Financial Chart Economics
Thank you for creating such a nice topic. As most people can see, contrary to ot…
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n/a | BobK71 | February 06, 2017, 10:54:33 AM |
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Banning Usury will promote cryptocurrencies Economics
Well, you basically just confirm what I'm trying to sayOr do you really think th…
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n/a | BobK71 | February 06, 2017, 10:10:28 AM |
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Death Is The Price of Imperial Money Economics
we pretend that bitcoin has value...it doesn't,it's not even practicalMoney is w…
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n/a | BobK71 | February 04, 2017, 08:57:30 PM |
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Banning Usury will promote cryptocurrencies Economics
If we are talking about real world examples, wherever and whenever gold (or silv…
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n/a | BobK71 | February 04, 2017, 08:36:38 PM |
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Banning Usury will promote cryptocurrencies Economics
The reason for writing the Orchard model in the way that I did was to draw atten…
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n/a | BobK71 | February 04, 2017, 08:02:28 PM |
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Banning Usury will promote cryptocurrencies Economics
The stability is not only theoretical. The history of gold/silver as money, inc…
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n/a | BobK71 | February 02, 2017, 02:18:42 PM |
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Banning Usury will promote cryptocurrencies Economics
If we are talking about real world examples, wherever and whenever gold (or silv…
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n/a | BobK71 | February 02, 2017, 01:58:37 PM |
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Banning Usury will promote cryptocurrencies Economics
It's awesome watching new ideas form about what money is and how it should be us…
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n/a | BobK71 | February 02, 2017, 01:39:42 PM |
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Banning Usury will promote cryptocurrencies Economics
No arcane logic is necessary! Your model is inadequate because we have both net…
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n/a | BobK71 | February 01, 2017, 03:17:02 PM |
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Banning Usury will promote cryptocurrencies Economics
No, I didn't mean anything suchAs I have already once complained, you don't need…
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n/a | BobK71 | February 01, 2017, 03:11:13 PM |
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Banning Usury will promote cryptocurrencies Economics
In a truly free economy:- People save hard money.- People don't invest more than…
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n/a | BobK71 | February 01, 2017, 02:52:29 PM |
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Banning Usury will promote cryptocurrencies Economics
In a truly free economy:- People save hard money.- People don't invest more than…
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n/a | BobK71 | February 01, 2017, 02:18:43 PM |
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Banning Usury will promote cryptocurrencies Economics
In a truly free economy:- People save hard money.- People don't invest more than…
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n/a | BobK71 | February 01, 2017, 01:38:56 PM |
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Death Is The Price of Imperial Money Economics
If I might add...Another interesting phenomenon is that, before the US intervene…
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n/a | BobK71 | February 01, 2017, 11:13:28 AM |
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Death Is The Price of Imperial Money Economics
Brilliant...yet tragic. Thank you. Yes, tragic.To the OP - interesting points.…
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n/a | BobK71 | February 01, 2017, 10:17:34 AM |
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Death Is The Price of Imperial Money Economics
Has anyone noticed that, recently, few US-involved wars have come to an end? Fr…
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n/a | BobK71 | January 31, 2017, 04:20:18 PM |
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Banning Usury will promote cryptocurrencies Economics
Where is the crash going to come from?If people stop lending their saved hard mo…
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n/a | BobK71 | January 31, 2017, 02:59:50 PM |
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Banning Usury will promote cryptocurrencies Economics
Interest rates aka usury implies that the borrower will get more money from the…
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n/a | BobK71 | January 31, 2017, 10:41:43 AM |
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Banning Usury will promote cryptocurrencies Economics
Then the society has no usury. They not only have sound money (not debt based) b…
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n/a | BobK71 | January 31, 2017, 10:35:01 AM |
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Banning Usury will promote cryptocurrencies Economics
And the fallacy of the one-dollar can pay all debt scenario is that it requires…
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n/a | BobK71 | January 31, 2017, 05:57:08 AM |
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Banning Usury will promote cryptocurrencies Economics
Interest rates aka usury implies that the borrower will get more money from the…
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n/a | BobK71 | January 30, 2017, 04:56:53 PM |
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Banning Usury will promote cryptocurrencies Economics
...Monetary expansion is limited in theory by our ability to collateralise resou…
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n/a | BobK71 | January 30, 2017, 09:21:22 AM |
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Banning Usury will promote cryptocurrencies Economics
I've been remiss and not had time to read the microfinance paper, but I'd like t…
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n/a | BobK71 | January 30, 2017, 08:55:13 AM |
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Banning Usury will promote cryptocurrencies Economics
@BobK71 - I have a problem with the morality of Usury. Usury can create a situat…
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n/a | BobK71 | January 25, 2017, 09:08:30 AM |
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Banning Usury will promote cryptocurrencies Economics
Interest rates aka usury implies that the borrower will get more money from the…
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n/a | BobK71 | January 24, 2017, 04:22:42 PM |
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A Brief History of Modern Money Economics
bitcoin is mondern moneyyou use bitcoin you can send money in the world is easy…
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n/a | BobK71 | January 23, 2017, 11:10:45 AM |
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A Brief History of Modern Money Economics
I have been reading the word "bubble" and I am thinking, if the elites have been…
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n/a | BobK71 | January 22, 2017, 05:38:57 PM |
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The next big financial Crash ? (and beginner-macro-economics) Economics
So I am a beginner, and want to understand the most basic stuff.You found a grea…
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n/a | BobK71 | January 18, 2017, 12:49:30 PM |
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One Key Financial Chart Economics
Well good topics such as this one needs time to read and comprehend, thats why p…
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n/a | BobK71 | January 17, 2017, 10:08:48 AM |
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Understanding the Parasite Economics
Perfect definition. In such system I agree with people who say any economy who i…
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n/a | BobK71 | January 17, 2017, 09:50:45 AM |
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One Key Financial Chart Economics
... this forum is sometimes increadibly depressing ...Idiots with bad topics don…
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n/a | BobK71 | January 13, 2017, 04:25:38 PM |
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Understanding the Parasite Economics
Great post, thank you.You might try reading 'Fragile by Design.' (The system is…
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n/a | BobK71 | January 13, 2017, 04:20:24 PM |
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