Post
Topic
Board Bitcoin Discussion
Re: Some people completely miss the point about BITCOIN
by
Zarathustra
on 20/12/2013, 08:42:31 UTC
Bitcoin cant replace money. Money is supposed to be spent and not hoarded. Thats why inflation is needed so people go spend their money and create jobs and wealth for society as a whole.

Nothing like burning as many resources as fast as possible in the name of unsustainable growth! Society is going to love that shit if it comes crashing down at some point in the future.

Hopefully technology can save us.

Technology can't save us.

"Essentially, the economy is an engine that transforms resources into waste." Ugo Bardi

http://www.financialsense.com/contributors/ugo-bardi/2011/07/22/entropy-peak-oil-and-stoic-philosophy-part-2