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Bitcoin Topic

Started by BestGames 2,302 days ago

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brian 146 days ago 14,569 64
Rightchoice Member Since
02-Jun-2015
281 posts
#26
16-Aug-2015 07:57
Post #20734 passivetools 15-Aug-2015 19:43 ?"bitcoins are not subject to ownership."
this is known. 

You don't own the dollar bill. It is just a piece of paper. 
It is the government's piece of paper, "promising the equivalent of gold held in it's reserve".

Which is not true anymore.. 
Otherwise I would love to exchange my dollars for gold. But they are no longer tied to gold.
Now gov can print as much as they want. lol.


Indeed and the same applies to every FIAT currency out there. None of them is tied to gold anymore. Although China is hoarding gold.. if they would suddenly tie their currency to gold the economy would collapse in an instant.. everywhere else that is.. 
2,255 days ago
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passivetools Member Since
18-Aug-2014
4,843 posts
#27
16-Aug-2015 17:26
Post #20753 Rightchoice 16-Aug-2015 07:57

Indeed and the same applies to every FIAT currency out there. None of them is tied to gold anymore. Although China is hoarding gold.. if they would suddenly tie their currency to gold the economy would collapse in an instant.. everywhere else that is.. 



Isn't that awesome to have that dominating power. lol
China is smart. 
2,255 days ago
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vella85 Member Since
14-Oct-2014
1,284 posts
#28
16-Aug-2015 22:38
Don't forget Russia now,they have been buying up gold as well,not as much as China but they have been buying.

Funny thing is my stupid country is a gold mine and yet we sell it off to other countries lol
2,254 days ago
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passivetools Member Since
18-Aug-2014
4,843 posts
#29
17-Aug-2015 00:02
It's all in the mindsets:

It's valuable only if you want it.

Same concept in these hyips that we play.
MPA PAC: all selling the potential of earning more than we put in.
(A complicated lotto ticket with a high ratio of breaking even.

That's why the Best Games are Passive Tools. :-P
2,254 days ago
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BestGames Member Since
25-Dec-2014
3,686 posts
#30
19-Aug-2015 06:23
Bitcoin got dumped!!!
Time to buy some!!! smile
2,252 days ago
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