I know what money is, it's a commodity that people are prepared to accept for an exchange. At the moment the world is still accepting the US$, however my Nth Korean example is a sound one; there is no limit to the issue, and Nth Korea and the US can print as much as they like.
The blockchain does not have these problems.
People used to accept Buckskins and Scottish Pounds, the $US will go the same way
- Forums
- Economics
- Bitcoin Fans Are Firing Away at Jamie Dimon for Calling It a ‘Fraud’
I know what money is, it's a commodity that people are prepared...
-
-
- There are more pages in this discussion • 41 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)