1700+ entries in 0.14s
mjr_: like i said you know who i am
mjr_: and you obviously aren't smart enough to be a part of the convo
mjr_: i've never seen you around here before
mjr_: but i guess you know who i am
mjr_: and i dont even know who you are
mjr_: well...unlike gox we have never been hacked
mjr_: glad i don't have to share it with you
mjr_: i'll keep living in the real world
mjr_: you have fun with your theories
mjr_: i want either A) a certain amount of bitocoin, or B) a certain number of dollars
mjr_: you haven't answered how empiracally this would be any different when trying to sell a car
mjr_: i hate people who are not pragmatic
mjr_: i really really don't care
mjr_: so it is a big circle jerk
mjr_: which is payable in...
mjr_: if you were selling your car...how would this matter to you?
mjr_: you said they CAN'T and DON'T
mjr_: which is what i said
mjr_: they CAN and DO forgive debts
mjr_: allowance for bad accounts
mjr_: there are accounting rules for doing exactly that
mjr_: this is all irrelevant
mjr_: so they CAN forgive it
mjr_: do you not use your eyes?
mjr_: do you not live in real life
mjr_: and you "forgive" that debt if i do you a favotr
mjr_: look...lets say i owe 50 dollars
mjr_: they have "value" because someone is willing to take them
mjr_: as long as i have some, who cares
mjr_: for me selling my car
mjr_: none, you can pick whatever number you want
mjr_: how many dollars do you HAVE to accept
mjr_: if you were to sell your car
mjr_: if you owe someone sure
mjr_: there is no shortage of dollars
mjr_: again, irrelelevant point
mjr_: and that is where your point gets stupid
mjr_: the price is set on the open market
mjr_: ok, i buy a sandwhich
mjr_: in our USE of them they have nothing to do with debt
mjr_: dollars are USED as tokens
mjr_: i seriously don't see why you are talking about this, so maybe i missed your main point?
mjr_: the creation method is irrelevant
mjr_: or you can hyperinflate
mjr_: you can create money using debt and NOT hyperinflate
mjr_: but i meant in our lives
mjr_: ok...what was your point again?
mjr_: why does that matter at all
mjr_: sure, money is created via debt
mjr_: i don't even understand your point
mjr_: in other words, 100 can circulate to pay 100,000 worth of needs
mjr_: can handle interest
mjr_: meaining velocity of money
mjr_: but debts have the interesting factor of time
mjr_: if you had to pay the debt NOW then it would be impossible without creating more
mjr_: sorry just not true
mjr_: after one hour your debt is paid
mjr_: you work for 100 a hour
mjr_: there is 100 dollars total
mjr_: here is the most trivial example
mjr_: and obviously not true