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New Reserve Currency of The World Economics
What timing to write such an article. Exactly the opposite is happening. China…
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n/a | BobK71 | September 11, 2015, 10:44:24 PM |
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The Real Story of Gold Economics
Gold (or any other metal) may not be a perfect monetary system, but given the na…
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n/a | BobK71 | September 11, 2015, 09:51:01 PM |
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The Real Story of Gold Economics
humans were created by star dust too, and there are a lot of theories which supp…
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n/a | BobK71 | August 27, 2015, 09:13:36 PM |
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Can the US win the currency war? Economics
The currency "war" is unfortunately quite real, and the reason is simple. The e…
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n/a | BobK71 | August 04, 2015, 08:07:40 PM |
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The Real Story of Gold Economics
E-gold has been tried and failed because it is necessarily centralized. There ha…
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n/a | BobK71 | August 02, 2015, 07:53:56 AM |
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The Real Story of Gold Economics
Thank you for your thoughtful replies. This give-and-take is what makes this fo…
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n/a | BobK71 | July 29, 2015, 08:21:56 PM |
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The Real Story of Gold Economics
If you think that gold is in trouble because it hit a five-year low, read on!Ser…
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n/a | BobK71 | July 28, 2015, 10:00:55 PM |
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A lot of users dislike altcoins but are pro sidechains, why? Bitcoin Discussion
On the face of it, it seems sidechains are an excellent way to get sorely needed…
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n/a | BobK71 | June 10, 2015, 08:53:54 PM |
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A lot of users dislike altcoins but are pro sidechains, why? Bitcoin Discussion
On the face of it, it seems sidechains are an excellent way to get sorely needed…
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n/a | BobK71 | June 09, 2015, 10:26:29 PM |
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An Honest Introduction to Money Economics
Another common misconception is that there is such a thing as the "nature of mon…
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n/a | BobK71 | June 07, 2015, 08:06:28 PM |
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Smoking gun of the world system? Economics
Quote from: Peaceful Revolution Network link=http://www.xat.org/xat/moneyhistory…
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n/a | BobK71 | June 07, 2015, 07:20:50 PM |
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Smoking gun of the world system? Economics
Sorry guys, I've been busy for a few days. After reading all your replies, here…
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n/a | BobK71 | June 06, 2015, 05:29:17 AM |
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Smoking gun of the world system? Economics
Just heard on the radio Benjamin Lawsky, of the NY Dept. of Financial Services w…
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n/a | BobK71 | June 03, 2015, 05:03:38 AM |
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An Honest Introduction to Money Economics
For fiat money, "it is backed by government bond" is very simple and easy to und…
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n/a | BobK71 | June 03, 2015, 04:51:09 AM |
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An Honest Introduction to Money Economics
For fiat money, "it is backed by government bond" is very simple and easy to und…
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n/a | BobK71 | June 02, 2015, 08:04:26 AM |
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An Honest Introduction to Money Economics
Your “poor” could appropriate a greater portion of the (monetary) value of the G…
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n/a | BobK71 | May 29, 2015, 07:35:43 AM |
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An Honest Introduction to Money Economics
Currency, money can be said, is used as a tool of medium of exchange, the stored…
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n/a | BobK71 | May 28, 2015, 07:57:38 AM |
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An Honest Introduction to Money Economics
Free market economics is renowned for its competition and the necessity of busin…
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n/a | BobK71 | May 26, 2015, 08:48:31 PM |
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An Honest Introduction to Money Economics
Currency, money can be said, is used as a tool of medium of exchange, the stored…
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n/a | BobK71 | May 27, 2015, 07:41:05 AM |
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Gold Losing It's Shine? Economics
At least two serious books have come out, detailing evidence that major central…
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n/a | BobK71 | May 26, 2015, 04:32:58 PM |
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Good news and Quantitive Easing Without Any Impact on Bitcoin Price Economics
I don't disagree entirely with your concern but I don't believe that across the…
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n/a | BobK71 | May 26, 2015, 08:10:38 AM |
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An Honest Introduction to Money Economics
That maybe you dont know,i dont know who said that,propably LeninMoney in hand…
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n/a | BobK71 | May 21, 2015, 12:15:22 PM |
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An Honest Introduction to Money Economics
The banks are just a higher version of the mob lol.They say we need the money or…
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n/a | BobK71 | May 21, 2015, 11:57:00 AM |
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An Honest Introduction to Money Economics
(The cause for optimism is that even this lasted only 15 years before the elites…
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n/a | BobK71 | May 21, 2015, 08:01:50 AM |
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An Honest Introduction to Money Economics
What can you get, from the USA, with a dollar bill ? Another dollar bill. That…
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n/a | BobK71 | May 20, 2015, 10:16:01 PM |
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An Honest Introduction to Money Economics
If we can take a slightly smaller view, say over the last five hundred years, we…
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n/a | BobK71 | May 20, 2015, 10:00:21 PM |
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An Honest Introduction to Money Economics
I would worry more on whos about to be the next world currency reserve, cause th…
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n/a | BobK71 | May 20, 2015, 09:37:00 PM |
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Bitcoin should outperform any investment long term wise Economics
...However, I'm not sure how the exporting of bitcoin ideas like blockchain and…
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n/a | BobK71 | May 19, 2015, 11:58:25 AM |
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An Honest Introduction to Money Economics
... However, you should maybe read "Debt, the first 5000 years", by Graeber. I…
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n/a | BobK71 | May 19, 2015, 08:18:22 AM |
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An Honest Introduction to Money Economics
A philosophical discussion is probably beyond the scope I originally planned, bu…
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n/a | BobK71 | May 19, 2015, 08:02:33 AM |
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Bitcoin should outperform any investment long term wise Economics
IMO the key factor for bitcoin's future will be whether the world develops faith…
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n/a | BobK71 | May 18, 2015, 07:40:02 PM |
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An Honest Introduction to Money Economics
In a world where the things we need and use go bad, sharing comes naturally. The…
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n/a | BobK71 | May 18, 2015, 12:13:06 PM |
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An Honest Introduction to Money Economics
Not sure how G.E. works, but I would love to have a system where anyone can issu…
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n/a | BobK71 | May 18, 2015, 11:52:07 AM |
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An Honest Introduction to Money Economics
QuoteThe purpose of the state is to uphold the values that have been agreed to b…
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n/a | BobK71 | May 18, 2015, 08:59:29 AM |
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An Honest Introduction to Money Economics
Money is debt. Society can't shed debt without collapsing the money supply. Debt…
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n/a | BobK71 | May 17, 2015, 02:06:50 PM |
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An Honest Introduction to Money Economics
Hi Bob, this is a surprisingly good analysis. Thanks for posting it! Now go wr…
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n/a | BobK71 | May 17, 2015, 01:09:32 PM |
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An Honest Introduction to Money Economics
How does bitcoin fit into the standard definition and traditional role of money?…
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n/a | BobK71 | May 17, 2015, 01:01:31 PM |
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An Honest Introduction to Money Economics
That was long Money must be produced with similar value of its face value, othe…
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n/a | BobK71 | May 17, 2015, 12:54:23 PM |
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An Honest Introduction to Money Economics
Earth has a heterarchical monetary authority: anyone may “mint” coins through an…
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n/a | BobK71 | May 17, 2015, 12:45:04 PM |
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An Honest Introduction to Money Economics
I welcome any comments about this essay, including challenging ones. To make it…
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n/a | BobK71 | May 16, 2015, 09:02:17 PM |
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Let's Say the Stock Market Corrects.. Economics
IMO the effects of a further recession on bitcoin would be very interesting. Re…
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n/a | BobK71 | May 16, 2015, 07:29:14 PM |
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money laundering Economics
You have to take one poison or the other.Bitcoin's decentralized and anonymous d…
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n/a | BobK71 | May 13, 2015, 11:39:45 AM |
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Inflation risk is higher in Euro zone than US Economics
The main thing to remember is that the euro is the biggest competitor to the dol…
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n/a | BobK71 | May 13, 2015, 11:25:13 AM |
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Question on Hayek and Libertarianism Economics
Every libertarian is a walking contradiction since technological automation is g…
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n/a | BobK71 | May 12, 2015, 11:36:50 AM |
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Question on Hayek and Libertarianism Economics
...But unconditional income can only exist by exercising power on the monetary p…
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n/a | BobK71 | May 12, 2015, 11:50:04 AM |
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Government & Bitcoin Economics
Why do owner of the business let the government own their business? Even if the…
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n/a | BobK71 | May 11, 2015, 07:29:29 AM |
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Economic Totalitarianism Economics
And this includes the programming whiz kids who are in such demand in this econo…
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n/a | BobK71 | May 07, 2015, 11:29:20 AM |
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Economic Totalitarianism Economics
TPTB, I didn't mean to give the impression that I simply believe Knowledge Age =…
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n/a | BobK71 | May 07, 2015, 07:24:40 AM |
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let's develop cryptocurrency economic theory Economics
I guess we're talking a brand new theory here. I agree, any economic theory is i…
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n/a | BobK71 | May 05, 2015, 11:20:12 AM |
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Economic Totalitarianism Economics
At this point, the monetary and financial systems are a poker player, holding a…
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n/a | BobK71 | May 05, 2015, 08:06:26 AM |
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Economic Totalitarianism Economics
Be careful with Singapore. It's basically a one-party (one family?) authoritari…
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n/a | BobK71 | May 05, 2015, 07:53:48 AM |
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US Dollar collapse in 2015? (2) Economics
How many times do I have to tell it, it won't be a dollar "collapse" it will be…
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n/a | BobK71 | May 05, 2015, 07:41:18 AM |
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let's develop cryptocurrency economic theory Economics
A cryptocurrency based economy would probably be totally different from the mode…
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n/a | BobK71 | May 04, 2015, 11:46:28 AM |
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The banks should be repealed Economics
Assuming that there won't be any economic crisis in the future is a wishful thin…
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n/a | BobK71 | May 04, 2015, 07:30:28 AM |
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Government & Bitcoin Economics
So what they are going to their position in government if they cant do their job…
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n/a | BobK71 | May 01, 2015, 12:12:23 PM |
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The banks should be repealed Economics
Politics is impossible to stay out of money. We are not living in a police state…
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n/a | BobK71 | May 01, 2015, 11:52:30 AM |
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Is bitcoin dead? Economics
We must be aware that there is a difference between a circulating currency and a…
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n/a | BobK71 | April 30, 2015, 12:00:48 PM |
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The banks should be repealed Economics
I think, it is a good idea. It is more democratic system.Democratic system we ha…
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n/a | BobK71 | April 30, 2015, 11:41:28 AM |
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The banks should be repealed Economics
Banks and politicians together take wealth from everyone else by issuing money a…
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n/a | BobK71 | April 29, 2015, 08:13:08 PM |
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What would cause the failure of fiat money system? Economics
I don't think most people understand that paper currency is doomed to fail, long…
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n/a | BobK71 | April 29, 2015, 07:31:33 AM |
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What would cause the failure of fiat money system? Economics
Ironically, right now it looks like deflation (or lack of inflation) is the bigg…
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n/a | BobK71 | April 27, 2015, 10:05:42 PM |
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Government & Bitcoin Economics
if everybody start to use bitcoin, it will go mainstream in no time, government…
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n/a | BobK71 | April 27, 2015, 11:59:17 AM |
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Global economy has made a disappointing start to 2015 Economics
inflate their currency ---Economic forecasts are not useful at all, because the…
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n/a | BobK71 | April 27, 2015, 11:25:03 AM |
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Gold Price: They can take it down more, but can't hold it there for long. Economics
Gold is down because the Fed is probably going to raise interest rates and inves…
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n/a | BobK71 | April 27, 2015, 11:06:08 AM |
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Money is an imaginary concept, but humanity is enslaved by it Economics
Those so called financial assets are just a scam to rob average people off their…
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n/a | BobK71 | April 27, 2015, 07:21:59 AM |
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Money is an imaginary concept, but humanity is enslaved by it Economics
I'm afraid this won't work. If you somehow increase the awareness of humans at l…
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n/a | BobK71 | April 23, 2015, 09:30:46 PM |
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Government & Bitcoin Economics
Whether the government can kill bitcoin depends on how much money and debt the "…
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n/a | BobK71 | April 23, 2015, 11:48:57 AM |
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Video: Paul Tudor Jones II: Why we need to rethink capitalism Economics
Agreed with Mike Christ, he's completely full of it.Yes, the system is fundament…
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n/a | BobK71 | April 23, 2015, 11:22:33 AM |
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Money is an imaginary concept, but humanity is enslaved by it Economics
Actually nowadays people have the right to elect the government, however they do…
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n/a | BobK71 | April 22, 2015, 02:31:11 PM |
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Government & Bitcoin Economics
The concept of "backing" is what makes fiat money weak: Gold or bitcoin does not…
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n/a | BobK71 | April 21, 2015, 10:46:09 PM |
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Government & Bitcoin Economics
There is one tried and true way governments can integrate bitcoin and still keep…
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n/a | BobK71 | April 21, 2015, 11:43:57 AM |
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Money is an imaginary concept, but humanity is enslaved by it Economics
There's nothing wrong with fiat money; it's just the method for creating money t…
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n/a | BobK71 | April 21, 2015, 07:43:15 AM |
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Money is an imaginary concept, but humanity is enslaved by it Economics
Without fiat money, people will quickly find other substitutes, be it gold, silv…
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n/a | BobK71 | April 21, 2015, 08:08:02 AM |
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Money is an imaginary concept, but humanity is enslaved by it Economics
if you think like that then you have never been to countries like Malawi, Niger,…
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n/a | BobK71 | April 18, 2015, 08:18:42 AM |
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US Dollar collapse in 2015? (2) Economics
Even they know, they don't have a better alternative right now. And if they have…
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n/a | BobK71 | April 15, 2015, 11:25:54 AM |
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US Dollar collapse in 2015? (2) Economics
But one can not be at both side when the time will come. One has to take a side…
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n/a | BobK71 | April 15, 2015, 11:22:35 AM |
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US Dollar collapse in 2015? (2) Economics
Even they know, they don't have a better alternative right now. And if they have…
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n/a | BobK71 | April 15, 2015, 08:08:41 AM |
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Bitcoin is not a bubble Economics
It really doesn't make sense to evaluate the future of a totally new monetary sy…
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n/a | BobK71 | April 14, 2015, 02:55:49 PM |
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US Dollar collapse in 2015? (2) Economics
What you said is theoretically true, but only one in a million understand this,…
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n/a | BobK71 | April 14, 2015, 08:14:20 AM |
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US Dollar collapse in 2015? (2) Economics
My theory is that the US can't allow anyone to challenge the supremacy of the do…
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n/a | BobK71 | April 13, 2015, 11:59:25 AM |
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Money is an imaginary concept, but humanity is enslaved by it Economics
I have often thought that electronically represented gold, where the 'coin' coul…
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n/a | BobK71 | April 13, 2015, 11:39:03 AM |
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US Dollar collapse in 2015? (2) Economics
As long as people use USD to measure value, it won't collapse. And so far people…
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n/a | BobK71 | April 13, 2015, 08:16:48 AM |
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Money is an imaginary concept, but humanity is enslaved by it Economics
Unfortunately bitcoin doesn't solve the problem of who controls the money. Ther…
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n/a | BobK71 | April 13, 2015, 08:05:34 AM |
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US Dollar collapse in 2015? (2) Economics
The bigger the bubble, the longer it takes to collapse. China's paper currency…
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n/a | BobK71 | April 12, 2015, 04:51:13 PM |
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Traditional Banks and Bitcoin Economics
It seems that they are only experimenting with the technology, not the money, so…
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n/a | BobK71 | April 08, 2015, 02:13:16 PM |
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US Dollar collapse in 2015? (2) Economics
There are arguments for and against an imminent financial bust.Against: money an…
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n/a | BobK71 | April 11, 2015, 09:19:56 AM |
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Money is an imaginary concept, but humanity is enslaved by it Economics
To be totally blunt, modern banking is essentially fraudulent.Bank profits are t…
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n/a | BobK71 | April 11, 2015, 08:45:56 AM |
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Financial Pollution Economics
For me the alternative currency subforum on this board is the definition of fina…
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n/a | BobK71 | April 10, 2015, 09:11:06 AM |
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Financial Pollution Economics
FYI, Bitcoin is also "financial pollution" because it also is not backed by anyt…
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n/a | BobK71 | April 09, 2015, 03:45:56 PM |
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Money is an imaginary concept, but humanity is enslaved by it Economics
Technically, this slavery is self-imposed. If people can live without using fiat…
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n/a | BobK71 | April 09, 2015, 11:39:04 AM |
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Money is an imaginary concept, but humanity is enslaved by it Economics
As soon as the "financial system" breaks down, which would actually break (you/m…
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n/a | BobK71 | April 09, 2015, 11:01:52 AM |
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Financial Pollution Economics
There are different ways to look at it. For me, I would define financial polluti…
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n/a | BobK71 | April 09, 2015, 08:06:17 AM |
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Financial Pollution Economics
Financial pollution means that the total value of financial assets ("claims to w…
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n/a | BobK71 | April 08, 2015, 10:35:57 PM |
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Money is an imaginary concept, but humanity is enslaved by it Economics
How about freedom? I know its a really untrendy stuff nowadays, but c'mon let's…
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n/a | BobK71 | April 08, 2015, 08:29:44 PM |
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Money is an imaginary concept, but humanity is enslaved by it Economics
The interesting thing is: As long as people unconsciously use domestic currency…
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n/a | BobK71 | April 08, 2015, 09:08:58 AM |
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Money is an imaginary concept, but humanity is enslaved by it Economics
Fiatmoney is the biggest scamcurrency ever. "Somebody" said: "Give me control of…
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n/a | BobK71 | April 08, 2015, 08:19:43 AM |
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Money is an imaginary concept, but humanity is enslaved by it Economics
In a commercial based society, people need such a standard unit of value to do b…
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n/a | BobK71 | April 05, 2015, 02:08:48 PM |
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Money is an imaginary concept, but humanity is enslaved by it Economics
I like this post a lot, but think some clarification is called for...The major m…
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n/a | BobK71 | April 04, 2015, 08:53:06 PM |
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