Post
Topic
Board Speculation
Re: Gold collapsing. Bitcoin UP.
by
cypherdoc
on 12/08/2015, 18:35:37 UTC
Just because you collectivists don't like something doesn't mean it doesn't exist.  This is a wonderful example of how degenerate your philosophical flights of fancy have become and how much they have degraded your understandings of reality.
This is exactly what religious people say when you debunk their claims by pointing out contradictions or lack of evidence for their claims.

The "store of value" concept was basically invented by Aristotle two and a half millennia ago, before basically anything was understood about trade, markets, labor specialization, or any of the other factors that we now know make economies work.

I could point out some of the additional work that's been done since the bronze age, like the understanding that money is a ledger that measures delayed reciprocal altruism, but I don't even need to.

All I have to do is point out that if your claim that a store of value exists is true, then you should be able to produce a non-tautological definition for it.

Can you?

PS: I LOL'd when the socialist who's advocating centrally-planned block sizes referred to me as a collectivist. Do you not realize just how transparent that is?

sometimes little dogs just like to bark: