1600+ entries in 0.092s
mjr_: if no one wants dollars
mjr_: you are saying "this is the way it HAS to be" and proving that "this is the way it IS"
mjr_: that is something called "competing currencies" you should look it up
mjr_: or a yen backed debt
mjr_: i can have a euro backed devt
mjr_: since debt can be denominated in anything
mjr_: no change to the dollars value?
mjr_: they won't accept dollars for oil
mjr_: ok, say everyone in the world does not want dollars for oil
mjr_: or anything on earht
mjr_: yes, just like it would with dollars
mjr_: since it means demand has gotten smaller
mjr_: anything when you sell enough, goes down in value
mjr_: same as the dollar yes
mjr_: or use bitcoin on foodler
mjr_: but sure, there i could go to evr
mjr_: so i am missing something i guess
mjr_: i can walk down the street and buy products for bitocin
mjr_: are they "saleablae"
mjr_: so if you hold euros in the us
mjr_: and you can do it with bitcoin
mjr_: i can get rid of bitcoin at any time of day
mjr_: same with anything else
mjr_: difference of scale not kind
mjr_: i like how you agree with me every time
mjr_: so you DO move the price
mjr_: sorry, you are right
mjr_: and forex risk doesn't exist
mjr_: obviously no one trades forex
mjr_: fixed exchange rate
mjr_: when i sell a lot of dollars for euros?
mjr_: so maybe you just don't get these fundamental points
mjr_: illiquid != can't be sold
mjr_: i have empiraccally proven that
mjr_: i can't be paid for my time
mjr_: i can't give it to people
mjr_: oh, so i can't buy stuff with it
mjr_: cuz its maybe too fucking obvious
mjr_: which is why i use them
mjr_: which don't rely on shit from anyone
mjr_: cool...what do we use at satoshi square again?
mjr_: if you hold dollars i guess
mjr_: i really don't care
mjr_: treat it as debt if you like
mjr_: and will continue to do
mjr_: my point is it's irrelevant
mjr_: and they work pretty much the same
mjr_: we just find other tokens
mjr_: like, guess commerce is done?
mjr_: we will never be able to obtain things
mjr_: like, if no more dollars are used
mjr_: but that is where i think you get ridiculous
mjr_: again, completely irrelevant
mjr_: and give them that many if it is important
mjr_: if i want a sandwich, i ask how many dollars
mjr_: i could care less what the creator said or wants to do
mjr_: and it works like a token
mjr_: i treat it like a token
mjr_: you treat it like a "debt" and you will never be repayed
mjr_: its what you do after that that matters
mjr_: i could give two shits about how tokens are created
mjr_: you are mixing up primatry market with secondary market
mjr_: satoshi square, blah blah blah