Re:The Evolving Economics of Bitcoin, Gold and Fiat Currencies
by ojr on Wednesday November 01, 2017 @03:07PM
(#15604505)
deflationary currency is not that bad of idea, the S&P 500 is an index of 500 of the best American companies and last time I check the number of shares do not increase year by year and it seem to be working for $FB, $GOOG, and $AAPL and for now $BTC...
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Re:The Evolving Economics of Bitcoin, Gold and Fiat Currencies
by nunyabuizness on Wednesday November 01, 2017 @03:14PM
(#15604572)
When was the last time you spent $FB on food or rent?
Re:The Evolving Economics of Bitcoin, Gold and Fiat Currencies
by ojr on Wednesday November 01, 2017 @07:33PM
(#15606484)
I sold my $SNAP into dollars at a loss when it went to $11, bought bitcoin and spent over $1000 on a bitcoin debit visa on beer, food and other things does that count?
Re:The Evolving Economics of Bitcoin, Gold and Fiat Currencies
by ameister14 on Wednesday November 01, 2017 @03:28PM
(#15604708)
The number of shares does increase sometimes, though. Google's doubled in 2014, for example.