Re: Gold collapsing. Bitcoin UP.

we need to keep Bitcoin focused on the money function. that is what distinguishes it from altcoins and Bitcoin 2.0 platforms and potentially SC's:

http://coincenter.org/2015/02/cryptocurrency-investments-different-securities-investments/

no, bitcoin needs to focus on the gold function,

money is worthless it just passes from one hand to the next. its not a store of value

since you're new here, i'll forgive you. everyone knows that when i talk about Money, i mean Sound Money (fixed supply).

you need inflation to keep up with the growth of the economy. economics 101.

Printing money in any manner is effectively counterfeiting the ledger. There is no difference between creating fake gold coins to create artificial new supply or printing money to create artificial new supply.

There is a reason the constitution specifically mentions counterfeiting as a punishable offence in Article I, Section 8, Clause 6.

"To provide for the Punishment of counterfeiting the Securities and current coin of the United States"
You know what the word "counterfeiting" means, by any chance? In case you don't, here:

Quote

"It has been raining a lot recently. Quick thunderstorms and flash floods... lightning at night and fear in the afternoon. People are worried about electricity.
Nobody feels safe. Fires burst out on dry hillsides, raging out of control, while dope fiends dance in the rancid smoke and animals gnaw each other. Foreigners are everywhere, carrying pistols and bags of money. There are rumors about murder and treachery and women with no pulse. Crime is rampant and even children are losing their will to live."

I know what you mean...