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re: Installed my first bitcoin miner...

Posted on 3/9/13 at 10:54 pm to
Posted by WikiTiger
Member since Sep 2007
41055 posts
Posted on 3/9/13 at 10:54 pm to
quote:

uch of his "knowledge" about bitcoin and its future is based on his own suppositions, optimistic thinking, and faulty premises, that have been exposed over and over again by russian, myself, and others. He certainly knows the technology better than anyone else, but that is only a small aspect of bitcoin. Try explaining bitcoins flaws relating to a myriad of other subjects like banking, currency markets, bubble economics, etc, it goes straight over his head and his response is usually, "i dont think you understand the technology." "and because the technology is so fricking fascinating to me, it makes all bitcoin's other problems just float away on this cool breeze of unicorn flatulence i've been getting high on for the past year."



the problem with you and others of your ilk is that you refuse to acknowledge that there are a myriad of economists and economic theories that disagree with what you say. you have your opinions and that's fine, but at least acknowledge that they are only opinions and that you could be wrong, otherwise you're just being a know it all douche
Posted by reverendotis
the jawbone of an arse
Member since Nov 2007
4871 posts
Posted on 3/9/13 at 11:00 pm to
The USD - backed by the full faith, credit and nuclear arsenal of the United States of America.
Posted by el duderino III
People's Republic of Austin
Member since Jul 2011
2391 posts
Posted on 3/9/13 at 11:47 pm to
find me an economist, an actual economist, not some loon on a message board, that believes bitcoin or any other digital currency will ever unseat or even become a threat to the USD and i'll stop. And I do state when I'm making an opinion - like when i say i think bitcoin and other digital currencies' future value will be as a medium of exchange between two other currencies. On the other hand, you regularly make absurd claims like the US government couldn't do anything to stop bitcoin, and state them as fact, so who is the real douche here?
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