Maybe I was vague originally…..yes “time value of money” is a human preference weighted in time / opportunity cost. What I should have stated is that the “rule” of a dollar today is worth more than a dollar tomorrow is a symptom of a fiat economy. (Not a law of nature / applicable to all forms of mo...

Time value of money is a fiat concept. It does not exist as a law of nature….only in a fiat economy. In all honesty I’m not against the fiat economy….to me, hold debt in fiat and wealth in BTC. It’s the perfect recipe! Time value of money is a human fact and has nothing to do with fiat, its directl...

Agree…..the statement “If voting made a difference it would be illegal” is manifesting truer and truer. Should be socially acceptable to not comprise your integrity and pick the lesser of two evils.

comments / questions from a Texas man who is around 90% republicans. Liberals want gays to have right to marry. Republicans anti-gay marriage! - Do you know Republican's in your life that believe this?...or just repeating a liberal media mantra? Liberals want women to have right to choose to get an ...

“...There is no safe store of value. If there were, the government would have to make its holding illegal, as was done in the case of gold.” -Greenspan (1966) This is what Bitcoin aims to do. Store energy / labor spent in the form of money through time. Time value of money is a fiat concept. It does...

https://www.youtube.com/channel/UCL_f53ZEJxp8TtlOkHwMV9Q 1:09 is where they specifically deal with the energy question. It’s an interesting talk but I’m not sure I agree with a lot of the points on economics. In regards to economics.....In a way we are so used to the Fiat world its hard to really t...

"The world produces 160,000 TWh every year. 50,000 TWh is wasted.....Bitcoin uses 120 TWh."

https://twitter.com/BTC_Archive/status/ ... 4950752260

"The world produces 160,000 TWh every year. 50,000 TWh is wasted.....Bitcoin uses 120 TWh."

https://twitter.com/BTC_Archive/status/ ... 4950752260

The inflation is flowing into commodities we need (like oil, lumber & copper), assets the government supports (sovereign, corporate, & residential debt), & rapidly growing technology that is reshaping our world (FAANG, #Bitcoin). Gold & silver don't check any of these boxes. - Michae...

I was wrong.....~60,000 people polled: Investors reallocating capital into BTC instead of “X” Stocks 49% Bonds 10% Gold 22% Property 19% Here's how big these buckets are: Stocks $80T Bonds $100T Gold $10T Real Estate $200T+ Source: https://twitter.com/michael_saylor/status/1371155821837553671?s=21

Good to see this forum moving (even if slightly) to the concept holding a portion of BTC within PP. I’ve been dwelling on this nearly 7yrs....and want help! Addressing the topic of the thread..my initial thoughts were that BTC would eventually (- 20yrs) assume a nice of role of 20% taking 5% from ea...

A government digital currency is inevitable and the invention of Bitcoin probably expedited this.....from a government standpoint its perfect....tracing and taxing every penny sent, controlling the supply, freezing user accounts, .....its a government god send. for bitcoin....The question arises.......

dualstow wrote: ↑Fri Jun 21, 2019 8:47 am Didn’t Harry brush aside worries of gold price manipulation?
I haven’t listened to the Money Talk archives in a few years, but I think so.

yes he did. from what I recall...something along the lines of too large of a market / too many people to influence to hold the manipulation.

When any crypto begins to wrack up serious transaction value, governments will be involved. Anyone who does not believe this I think is delusional. This I agree with....the question becomes WILL they do anything about it? - If yes, ....CAN they do anything about it? - - Government CANNOT control Bi...

Libra is pegged to US dollar. (AKA not a gold replacement) Facebook will be the bank. Government will regulate / have oversight over facebook as they are subject to money transmission rules and somewhat accountable for their users actions. (KYC Regulations) They are a better PayPal now. (maybe) &quo...

He's not "normal" in many ways which gives him a HUGE edge as an investor....1. has a photographic memory, 2. reads like 80% of his waking hours (like earnings reports..yuck). I simply cannot compete with this....nor would want too His overall playbook is rather simple though.....I use for...

> if the US outlaws BTC The US gov is big business. Do Gates, Buffet, and Bezos want Bitcoin as the currency? From my understanding......Gates originally liked the idea of BTC, then later shunned it......not sure of his stance now. Seems like recall reading something recently that Microsoft is buil...

5. Agree...Per my above post. Government prints paper, government demands taxes be paid in said paper, threatens people to pay taxes or go to prison, <-- Voila! Paper now has value amongst the people! My point.....like it or not, BTC has been existence for 10 years and gets stronger more adopted by...

5. Agree...Per my above post. Government prints paper, government demands taxes be paid in said paper, threatens people to pay taxes or go to prison, <-- Voila! Paper now has value amongst the people! My point.....like it or not, BTC has been existence for 10 years and gets stronger more adopted by...

1. I'm saying inflation does not of itself discourage savers unless a positive real rate of return is not achievable. No doubt negative real rates do happen from time to time and that does tend to discourage saving (or so we thought...but now we have negative yielding sovereign bonds.) 2. "Res...

It might be simpler to forget gold/bitcoin, and first wonder what would happen if the Fed disabled their (digital) printing press Good idea... thought experiment!.....Rules 1. so gold / bitcoin never existed before as currency nor will they. 2. US government made mandatory tax payments be collected...

1. Wrong. That's why we have "real" interest rates. Without real interest rates no one in their right mind would save anything. And this does not change in a fixed monetary system. 2. Why did you duck answering the hardest question I put to you? Read up on on the 1930s and provide the ans...

Tn, How is it stolen and to whom do the benefits and costs go from inflation? ANSWER: Inflation steals from savers .....it discourages saving as the dollar becomes worth less over time....therefore encouraging spending, investing & debt....therefore "benefiting" the economy and punish...