Quote from: jbreher on June 01, 2018, 06:13:01 PM

Quote from: Elwar on June 01, 2018, 03:12:49 AM

What happens to your $100k in google stocks when $100k is worth a tank of gas?

In general, stock market cap reflects the value of owning a portion of the underlying company. It consists of customer lists, processes, people in positions, machinery, real estate, furnishings, inventory, raw materials, ...

Accordingly, if we reach a day (not inconceivable) when a tank of gas is $100k, that formerly $100k worth of Google stock is likely to be worth $200m post-inflation bux.

Yah exactly, this isnt a hypothetical. We're all quite young in terms of knowledge of various economies and monetary systems but it should be very well documented what happens when a cash standard falls apart. It happened dozens of times even in modern history most recently the Russian rouble replaced prior Ruble at 1,000 to 1. Everyone gets wiped out, the asset holders are the now famous billionaires hence many citizens resent the concept of 'democracy' or capitalism. It rarely occurs in a fair way, probably wont be fair in the West either when chaos ensues

Quote from: BitcoinNewsMagazine on June 01, 2018, 05:43:00 PM

If you want to talk about silver or gold bugs

well I think it relates strongly. Crypto is an extremity very far from a normality still now, if you are in crypto you are on the cutting edge of some phenomena dismissed many times over. What exactly is driving its usage, growth is a part of supply and demand behind order books to exchange pricing?
Dollar was linked to gold within memory, its not a nonsense reference its an ongoing reference to value. The Swiss currency till about 2000 had a direct exchangeable link, in theory alot of economies and national exchange systems had a relation to gold or at least trade in real goods. Now we have an excess of debt and promises to pay a bond with a suppression of rates to that linked to political and military power.

Its not really a bug to mention such possibles being a strong influence on Bitcoin. If you purely trade 5 minute bars on a graph then sure its not really relevant but BTC often moves in quite large spikes like a richter graph, it relates to seismic moves not unrelated to dollar and generational changes in the world. To me this isnt a conspiracy theory, its an under-discussed dynamic in all lives

Alan Greenspan - former FED Chair and fiscal bear on these issues - https://www.youtube.com/watch?v=qr-gdjTiG2M

Its not an outside opinion, I dont even like gold personally Im not that keen on that kind of thing, I love tech far more. just those ideas are relevant pretty sure