person A has no money and is working 50% of his time to get paycheck, rest of his time he uses to sleep and be with family. 100% time used
person B has money, and can hire other people to do job instead of him , and he gets his own cut, therefore, he earns money without wasting time to do so, allowing him to spread his business more and more, earning more, and with no time wasted on actually doing anything.
there's also a word for this ; modern slavery.
Yup, if 1 BTC doesnt make me slave-wage-free in 10 years, im going V for Vendeta in this shit.
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Topic
BoardEconomics
Re: Bitcoin or Gold? What would you pick?
by
zadiume
on 18/09/2014, 22:18:21 UTC
BTC ofc. Gold is too outdated.
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Topic
BoardEconomics
Re: In 10 years, when BTC is mainstream what % of people will own 1 BTC
by
zadiume
on 18/09/2014, 22:17:29 UTC
Indeed, if youve been here for a while and still dont own 1 btc.. you are doing it wrong.
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Topic
BoardEconomics
Re: Solution to poverty - Socialism or Capitalism?
by
zadiume
on 18/09/2014, 22:15:56 UTC
A resource based economy may indeed be it.
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Topic
BoardEconomics
Re: China will become Super Power ?
by
zadiume
on 18/09/2014, 22:15:23 UTC
CNY is the only fiat that will not keep devaluation so yes.
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Topic
BoardEconomics
Re: The Man from Apple. He like to say YES!!!!
by
zadiume
on 18/09/2014, 22:13:21 UTC
ApplePay is very different from btci dont know why people keep comparing it.
Litecoin and Dogecoin fill a niche market for purchasing coins with small values - Like a silver and bronze (copper?) to Bitcoin's gold.
Im not sure yet about this. Why not just buy smaller amount of BTC?
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Topic
BoardAltcoin Discussion
Re: Lost 5BTC from Bittrex Exchange (Hacker Stolen)
by
zadiume
on 05/09/2014, 16:35:08 UTC
I store some coins in exchanges tho, but not BTC, only alts, if you store them all in wallets, you miss all the action
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Topic
BoardMeta
Re: Isn't this spam?
by
zadiume
on 05/09/2014, 16:33:44 UTC
Maybe he sold the account? Hero accounts go for 1+ BTC now I think. Pretty tempting Unless he was a legit whale tho, then it wouldnt make sense to lose a Hero Account