Post
Topic
Board Bitcoin Discussion
Re: Stabilized Bitcoin using eMunie economics
by
franky1
on 09/02/2016, 21:51:29 UTC
Franky, the reality is that if the US goverment says that a duck is a crocodile, and sticks to it for a sufficiently long time, the duck becomes a crocodile.

and while america plays with crocodiles.. all 300mill amrican people see less utility in having "crocodiles" in their life.. yet
1.3BILLION people in china order duck
1.2BILLION people in india order duck
1.1billion people of the continent of africa order duck
742 million europeans order ducks

and now america loses its freedom to trade "crocodile" and the rest of the world wonder why duck is so cheap in america. and a great chance to arbitrage it on the crocodile exchange.. which chinese and indians find it weird to use a crocodile exchange that only supplies cheap duck.. but ultimately they dont care they are only going to use the crocodile exchange for a 2 minute flip to grab cheap duck