1400+ entries in 0.101s
mjr_: its like the CPI has never moved
mjr_: its like i can still buy a hamburger for a nickel
mjr_: yeah absolutely nothing happening
mjr_: no, i think that the market sets their value
mjr_: you seem to think they obey some law
mjr_: you don't understand monetary systems
mjr_: to the extent i want dollars, i will allow people to pay me in dollars
mjr_: i am not seeing the difference
mjr_: bitcoin value: supply and demand
mjr_: dollars value: supply and demand
mjr_: or i guess to put it in simple terms "to the extent to which someone wants a currency, based on how much of it there is, that will define its value"
mjr_: and if no one wants dollars...
mjr_: you do realize i could cease accepting dollars tomorrow right?
mjr_: trolls love to get fed
mjr_: there is no fundamental difference so far to bitcoin, you seem to think that gox is part of bitcoin or something
mjr_: to buy things, sell things, and to pay off debts
mjr_: that is used by people
mjr_: which is still a currency
mjr_: so if only a few people use bitcoin to transact their business, it'll be the same as the romanian lei
mjr_: so they haven't adopted it
mjr_: or have one in a bank account
mjr_: the vast majority of people in the world may never touch a dollar
mjr_: which is why i think they say US on them
mjr_: its accepted in the US
mjr_: it isn't accepted in europe
mjr_: and it works for now
mjr_: since the dollar has not been adopted by the vast majority of people on earth
mjr_: the dollar has failed
mjr_: you know that by your standards
mjr_: they will still be settling debts
mjr_: people will still be using iut
mjr_: which means it won't have failed?
mjr_: and you come up with the same thing
mjr_: just take everything you say, change the word bitcoin to dollar
mjr_: the world isn't running out of fiat
mjr_: you are talking about a 5X increase
mjr_: since its under 10 now
mjr_: depends on what you meant
mjr_: that is a large scale
mjr_: it will behave like every asset on earth
mjr_: like every asset on earth
mjr_: you cannot guarantee that
mjr_: if i want to sell my car
mjr_: this is simple stuff
mjr_: your googling skills must suck
mjr_: since the whole point is moving past fiat
mjr_: but he doesn't want to
mjr_: he paid for our coffees using fiat if i remember correctly
mjr_: and i've seen him do it
mjr_: and they only settle using dollars "out of necessity"
mjr_: we listed multiple people who do settle
mjr_: as far as price setting
mjr_: at no point have you ever shown me an example of how it is different to buy something with a dollar and a bitcoin
mjr_: i will sell my products for the amount of currency i want
mjr_: that is the problem
mjr_: you see a dog swimming, you think that dogs are aquatic creatures
mjr_: so it seems that it is possible
mjr_: we all probably settle using bitcoin
mjr_: he is wrong about pretty every statement, goes back and says he didn't mean "ALL"
mjr_: for every obvious real world example
mjr_: you are fully "protected"
mjr_: protection? yeah, you can only lose all your money
mjr_: in other words they will autoliquidate you
mjr_: you do know they don't use dollars everywhere
mjr_: there is this thing called "international trade"
mjr_: because we couldn't have debts without it
mjr_: your argument for the dollar was its "necessity"