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Cryptocurrencies do not fulfill any of the three purposes of money...

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  • Fred O'Malley
    I AM THE PALE HORSEMAN
    • Apr 2013
    • 173665

    Cryptocurrencies do not fulfill any of the three purposes of money...

    BIS Chief Bashes Cryptos, Demands Young People "Stop Trying To Create Your Own Money"



    "Cryptocurrencies do not fulfill any of the three purposes of money... My message to young people: stop trying to create money..."
    Government is a DISEASE - FREEDOM is the CURE
    Integrity is doing the right thing when no one else is watching.
    “Men fear thought as they fear nothing else on earth — more than ruin, more even than death. Thought is subversive and revolutionary, destructive and terrible, thought is merciless to privilege, established institutions, and comfortable habits; thought is anarchic and lawless, indifferent to authority, careless of the well-tried wisdom of the ages. Thought looks into the pit of hell and is not afraid … Thought is great and swift and free, the light of the world, and the chief glory of man.”Bertrand Russell, Why Men Fight
  • Rocco Contini
    Junior Member
    • Jun 2018
    • 9

    #2
    Re: Cryptocurrencies do not fulfill any of the three purposes of money...

    If people believe in it then what makes it different from regular fiat money now?

    Comment

    • Fred O'Malley
      I AM THE PALE HORSEMAN
      • Apr 2013
      • 173665

      #3
      Re: Cryptocurrencies do not fulfill any of the three purposes of money...

      What people believe and what is true are usually very different.
      Government is a DISEASE - FREEDOM is the CURE
      Integrity is doing the right thing when no one else is watching.
      “Men fear thought as they fear nothing else on earth — more than ruin, more even than death. Thought is subversive and revolutionary, destructive and terrible, thought is merciless to privilege, established institutions, and comfortable habits; thought is anarchic and lawless, indifferent to authority, careless of the well-tried wisdom of the ages. Thought looks into the pit of hell and is not afraid … Thought is great and swift and free, the light of the world, and the chief glory of man.”Bertrand Russell, Why Men Fight

      Comment

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