log☇︎
1300+ entries in 0.062s
mjr_: humans have 2 arms
mjr_: that is like saying
mjr_: that is the situoation right now
mjr_: no
mjr_: each apple = 1 bitcoins
mjr_: 3 apples, 3 bitcoins
mjr_: i have no clue if he understand that
mjr_: exactly
mjr_: its not 0 sum
mjr_: its like the rules of logic don't apply to you
mjr_: not true
mjr_: its supposed to represent a certain portion of actual things in the real world which i may want
mjr_: its not supposed to
mjr_: because it isn't
mjr_: so stick to the basicsa
mjr_: you cannot understand anything more advanced yet
mjr_: that is money
mjr_: there is a ratio of x to y
mjr_: you have x tokens, and y "things"
mjr_: no it wouldn't
mjr_: if someone is wililng to accept it
mjr_: you can spend it
mjr_: which would push the price up to wher ebitcoin is
mjr_: i could buy 210,000 worth of doge coin
mjr_: ok
mjr_: if i want some of the stuff, i trade some of the stuff i have
mjr_: obvoiusly
mjr_: wrong
mjr_: i may want some of it
mjr_: there is a fixed amount of "stuff" in the world
mjr_: here is the basis of money
mjr_: no it isn't
mjr_: not true
mjr_: those people are stupid
mjr_: worked fine
mjr_: i used it to hammer nails
mjr_: i saw a hammer that thought it was a screwdriver
mjr_: thats nice
mjr_: while true jurov
mjr_: you seem to think, and correct me if i'm wrong, that money serves a purpose outside of me buying things with it
mjr_: average american up to 150k can't come up with 2 grand by month end
mjr_: yeah
mjr_: you are a "tenionaire"
mjr_: if you have 10 dollars, and everyone else has 2
mjr_: lol
mjr_: since wealth and currency are relative
mjr_: that is what you don't get...if i took away 90% of the wealth of the entire world...the system wouldn't have changed at all
mjr_: bread?
mjr_: are you saying that no one will be able to then buy berak?
mjr_: thats nice
mjr_: you can hand wave about financial instruments it doesn't change reality
mjr_: make something of value, and the rest doesn't matter
mjr_: all the buillshit that goes on, is irrelevant
mjr_: youll be fine
mjr_: if you can do those two things
mjr_: trade it to someone else for something of value
mjr_: make something of value
mjr_: i dno't care
mjr_: thats nice
mjr_: so...
mjr_: i have heard of 0 countries being removed from the planet because they went broke
mjr_: um...
mjr_: obvoiusly
mjr_: it has before
mjr_: and guess what
mjr_: where the money (shocker) NEVER gets paid back
mjr_: but there is this thing called bankruptcy
mjr_: you seem to think that magically dollars appear to pay back debts
mjr_: no they don't
mjr_: at no point does a currency become SO worthless that it gets value
mjr_: so your saying that the value of the dollar depends on how many of them their are
mjr_: who cares
mjr_: again who cares
mjr_: they can lend without collateral
mjr_: ok thjen
mjr_: and if no one wants to borrow
mjr_: yes, that is exactly it jurov
mjr_: yes
mjr_: like if i print more, but still have the same basket of goods, at a certain point, i can buy more
mjr_: he apparently thinks that math doesn't apply to dollars or something
mjr_: the value asymptotically approaches 0
mjr_: the apples still sit there
mjr_: if i print a trillion
mjr_: each apple costs 1 dollar
mjr_: and 3 dollars
mjr_: there are 3 apples
mjr_: it can
mjr_: see, its super simple
mjr_: thats nice
mjr_: it means "CANNOT HAPPEN EVER UNDER ANY CIRCUMSTANCES"
mjr_: i think that must be it
mjr_: which means, perhaps you don't understand what impossible means
mjr_: except then you said "yes it can inflate further
mjr_: mjr: when debts become so large, inflation is impossible
mjr_: this is basic
mjr_: so it could still inflate further
mjr_: ok then
mjr_: you are saying that a dollar cannot become worth lesss
mjr_: lol its always possible
mjr_: that is simply answered