Pricing Money: A Beginner's Guide to Money, Bonds, Futures and Swaps

Re:Pricing Money: A Beginner's Guide to Money, Bonds, Future... by croes on Saturday June 17, 2023 @03:39AM (#36368147)

There is no such thing as trustless

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Re:Pricing Money: A Beginner's Guide to Money, Bonds, Future... by earnesti on Saturday June 17, 2023 @06:16AM (#36368856)

But there is varying degrees of trust required. Also the quality of trust.

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Re:Pricing Money: A Beginner's Guide to Money, Bonds, Future... by MrPatan on Saturday June 17, 2023 @07:58AM (#36369452)

Where's the trust in a bitcoin tx?

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Re:Pricing Money: A Beginner's Guide to Money, Bonds, Future... by croes on Saturday June 17, 2023 @12:34PM (#36371762)

That Bitcoins still have a value when you sell them

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Re:Pricing Money: A Beginner's Guide to Money, Bonds, Future... by MrPatan on Saturday June 17, 2023 @01:03PM (#36372066)

1 BTC = 1 BTC

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Re:Pricing Money: A Beginner's Guide to Money, Bonds, Future... by croes on Saturday June 17, 2023 @01:53PM (#36372581)

https://www.coinopsy.com/dead-coins/abandoned/

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Re:Pricing Money: A Beginner's Guide to Money, Bonds, Future... by Breza on Friday June 23, 2023 @01:06PM (#36449601)

Wow, that's a lot of "Scam or Other Issues"

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Re:Pricing Money: A Beginner's Guide to Money, Bonds, Future... by notahacker on Saturday June 17, 2023 @01:54PM (#36372597)

sure, and 1 UST = 1 UST, but it turns out that people who thought they didn't need to trust the asset held its value are considerably poorer than they were before.

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Re:Pricing Money: A Beginner's Guide to Money, Bonds, Future... by Summershard on Monday June 19, 2023 @04:32AM (#36388669)

Well, not really. Tainted coins is a real, growing problem that BTC hasn't solved yet.

In short, BTC is not fungible.

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Re:Pricing Money: A Beginner's Guide to Money, Bonds, Future... by Breza on Friday June 23, 2023 @01:05PM (#36449587)

You have to trust that the restaurant where you're having lunch will accept BTC as payment. In reality, using Bitcoin requires the same trust-based infrastructure as everything else because the only way to buy anything with it is to trade it for fiat.

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