Post
Topic
Board Speculation
Re: Gold collapsing. Bitcoin UP.
by
Adrian-x
on 24/11/2014, 19:26:58 UTC

The cynic in me would consider whether all the trolling you are doing here is for the benefit of the Blockstream investment pool to get some low-cost Due Diligence work out of us.  The sort of analysis you are getting from some of the folks here is pure gold. Wink

And my advice to Blockstream investors is to shut the company down now while you still have a chance and buy $21M worth of bitcoin right now while we're at a long term bottom.

The reason? There's no way in hell any bitcoin company will ever be able to outperform the BTC currency.  

Maybe farmer do better if he stops farming ... sells everything and only buys bitcoin.

Same must be best for merchant. He has to sell all goods and only buys bitcoin.


no, you've overlooked why we want Bitcoin it's not because we want to get rich. That's a bonus you get for doing the right thing.
Farmers and merchants do a great job, they need better money, they don't need added layers of trust,  they just need better money to be better at planning what they do. And you won't value or trust there goods and services any more, if you need to use a sidechain to interact with or secure your interaction with them.

Wow, you got me thinking I see SC as the perfect way to run a Monopsony, or cooperative. This market monopoly approach would be ideal way to manage many suplyers in a free and open social network based market.