Post
Topic
Board Speculation
Re: Gold collapsing. Bitcoin UP.
by
smoothie
on 12/02/2015, 21:01:31 UTC
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.

What economics law states that?

How is it proven that is the only way to keep up with growth?

Ever heard of increase and decrease of the value of money? In other words how much stuff money can buy?

Inflation is just a banker tactic to get something for nothing (i.e. create new money for 0 cost).

It's a bullshit reason to say that inflation is to keep up with the growth of the economy. LOL!
  Cheesy