Post
Topic
Board Announcements (Altcoins)
Re: [ANN][NUD ₦ ] New Universal Dollar | Bcrypt | 0% Pre-mine | First Anonymous
by
SoapMaker
on 28/06/2014, 03:08:07 UTC
Edison was a thief who stole Tesla's ideas, reneged on their contract & lied to the world to protect his own self-interest. He also did public displays of electrocuting animals in the streets to scare the world away from alternating current. Which we all use today. Why would you have this jackass on your coin? Have you done no research at all ? Best of Luck.

Edison was chosen specifically because of him being an advocate for monetary reform in the U.S., I think Edison would have supported cryptocurrencies as well.
Views on money
Thomas Edison was an advocate for monetary reform in the United States. He was ardently opposed to the gold standard and debt-based money. Famously, he was quoted in the New York Times stating "Gold is a relic of Julius Caesar, and interest is an invention of Satan."[92]

In the same article, he expounded upon the absurdity of a monetary system in which the taxpayer of the United States, in need of a loan, be compelled to pay in return perhaps double the principal, or even greater sums, due to interest. His basic point was that if the Government can produce debt-based money, it could equally as well produce money that was a credit to the taxpayer.[92]

He thought at length about the subject of money over 1921 and 1922. In May 1922, he published a proposal, entitled "A Proposed Amendment to the Federal Reserve Banking System".[93] In it, he detailed an explanation of a commodity-backed currency, in which the Federal Reserve would issue interest-free currency to farmers, based on the value of commodities they produced. During a publicity tour that he took with friend and fellow inventor, Henry Ford, he spoke publicly about his desire for monetary reform. For insight, he corresponded with prominent academic and banking professionals. In the end, however, Edison's proposals failed to find support, and were eventually abandoned.
Please cite a reputable source to back up your claims, at least get your facts straight before you disort them at your leisure.



wow, my apologies, I wasn't aware that Edison felt that way & even chatted with Ford about it. I withdraw my Edison remark, although he did electrocute to scare people away from AC. But submitting that federal reserve proposal took balls. Best of Luck & sorry for being so negative.