• Greenspan compares bitcoin to Colonial America currency that eventually

    From slider@1:229/2 to All on Wednesday, December 06, 2017 17:14:21
    From: slider@anashram.org

    Former Federal Reserve Chairman Alan Greenspan told CNBC on Wednesday that bitcoin reminds him of currency issued during America's Colonial past that ultimately proved worthless.

    https://www.cnbc.com/2017/12/06/greenspan-compares-bitcoin-to-colonial-america-currency-that-eventually-became-worthless.html

    Greenspan compared the high-flying cryptocurrency to 1775 Continental
    currency that was worthless by 1782. In the in-between years, however, the money allowed patriots like George Washington to buy armaments and other supplies.

    Continental money was so-called fiat currency. Declared legal tender by
    the Continental Congress, it derived its value from the amount of paper
    notes available and the demand for them rather than by the backing of a commodity such as gold or silver.

    "A significant share of it was creating real goods and services" despite
    the fact that it was ultimately worthless, said Greenspan, who mentioned
    he was co-writing a book about American history.

    Bitcoin is trading near record highs Wednesday, above $12,000 a share,
    having risen an eye-popping 1,200 percent this year. Whether this value is
    just ephemeral will depend on how many bitcoins there are to match demand, Greenspan said. Continental currency kept being issued to pay for
    Revolutionary War efforts and ultimately collapsed in value.

    "Humans buy all sorts of things that aren't worth anything," Greenspan
    said. "People gamble in casinos when the odds are against them. It has
    never stopped anybody."

    ### - if ONLY i'd bought some of these when they were @ ONLY $50 huh?

    pay no attention!

    crypto-fuckery!

    ;)

    --- SoupGate-Win32 v1.05
    * Origin: www.darkrealms.ca (1:229/2)
  • From whisperoutloud@1:229/2 to All on Wednesday, December 06, 2017 09:37:44
    From: allreadydun@gmail.com

    ### - if ONLY i'd bought some of these when they were @ ONLY $50 huh?

    pay no attention!

    crypto-fuckery!

    ;)

    if only you had bought some at $2500
    a few months ago. Over four times the value now.
    ez money .

    --- SoupGate-Win32 v1.05
    * Origin: www.darkrealms.ca (1:229/2)
  • From slider@1:229/2 to All on Thursday, December 07, 2017 20:44:48
    From: slider@anashram.com

    ### - if ONLY i'd bought some of these when they were @ ONLY $50 huh?

    pay no attention!

    crypto-fuckery!

    ;)

    if only you had bought some at $2500
    a few months ago. Over four times the value now.
    ez money .

    ### - just sit back & watch the scam unfold?

    convinced peeps is literally puttin' their life-savings into 'em by now!

    and coz in all likelihood there'll be a run on 'em any minute haha...

    suddenly overnight they wont be worth 2-cents?? wtffffff!

    (they's really hyping it up now innit; gonna reach $100,000 in a few
    months + a million by 2020?!)

    then utterly outlawed by 2021 hahaha...

    crypto-whatnow?? secret numbers? numbered certificates??

    can just anyone print these? do ya even needs to print 'em?!

    hey! anyone gots change for a $20,000 bitcoin?

    damn, all i want is a coffee & donut @ .000000000035 bitcoins!

    who the fuck uses these things??

    i hear of people 'buying' them, but no one selling them/cashing them in?
    only all these 'amazing' stories of people making fortunes outta'
    nothing?? big-bang style!

    riiiiiiiight....

    and NOW, of course, there's 56-hundred NEW cryptofuckries ya can buy into!?

    so ok yeah, buy say 100 of 'em (all) for mere pennies now (@ a penny each
    or less kinda thing) gambling that maybe ONE of 'em ONE day becomes the
    new crypto-scam in town 20/30 years from now? leave 'em to your kids even!
    hah! (j/k)

    might even work? :)

    just can't bothered me'self hehehe... sounds like too much work? lol

    cryto-bollocks! :)

    they can feck-off with their, their... cheap hypnotism!

    watch the birdie!

    nice birdie!

    now give us all your money... punk!

    oh dear...

    new book: 'I too was crypto-punked in the ass!'

    but, but, it seemed like such a 'nice' birdie?

    -----------

    there's nothing there! it's all in your head! --sean penn in: we're no
    angels

    :)

    --- SoupGate-Win32 v1.05
    * Origin: www.darkrealms.ca (1:229/2)
  • From whisperoutloud@1:229/2 to All on Thursday, December 07, 2017 13:10:14
    From: allreadydun@gmail.com

    bitcoin today passed 19,000

    son of a bitch, someone is getting rich

    --- SoupGate-Win32 v1.05
    * Origin: www.darkrealms.ca (1:229/2)