Post
Topic
Board Speculation (Altcoins)
Re: [XRP] Ripple Speculation
by
vsyc
on 09/01/2018, 19:26:19 UTC
There is nothing wrong with that, you can look and see my bank account, problem is not in that, why would I hide? Problem is in society, not in what I do with my bank account, if everyone has food, house, other things that help build family, why would I care about my bank account, why would I need one at all?


Take Bitcoin, 11 million of bitcoins were created by the end of 2011, just 3 years. Not a big effort. No-one cares in nowadays about rest of the coins, because most coins in concentrated in hands of exchanges and other guys like Winkelvoss brothers.

This is hard to call work, the rest is just illusion to produce fake value "We mine", common like.

Hmmz, and you said I was living in some utopia  Smiley

First gold that was mined was also easy... doesn't really matter, gold still represents scarcity, it still represents all the work in all the ages that was put in mining it...
Anything that comes out of nothing at no cost is worth 'nothing'...

Anyway, agree to disagree, glad we can end this discussion in a more civilized way then it started...

best regards,

Did not get your sarcasm about utopia.

In reality gold lost it value long time ago and it does not represent real situation, as more we drill, more we find it.

It has more value being juwelery and accessorie than some store of value.

And again, in case of catastrophe, alive cow and chicken, and tomato seeds will have more value than all bitcoins and gold all together. As well as brains.