CryptoCurrency
| # | Post |
|---|---|
| 51 | tegretol wrote: I think your level of knowledge on the matter has been made quite apparent, but each to their own, i'll leave you to your bliss... king1 - 2021-01-10 18:52:00 |
| 52 | tygertung wrote: well if there was a comparison made @ #40 it was a comparison of market forces, as against the type of asset it is. Sorry if that wasn't clear enough... Edited by king1 at 7:10 pm, Sun 10 Jan king1 - 2021-01-10 19:03:00 |
| 53 | tegretol wrote: BTW, watch this, its 4 years old and needs updating, but you should get the message! Edited by nzoomed at 12:19 pm, Mon 11 Jan nzoomed - 2021-01-11 12:15:00 |
| 54 | Its all pretend money whether its Bitcoin, USD or NZD loud_37 - 2021-01-11 18:46:00 |
| 55 | loud_37 wrote:
Pretend as opposed to...? tygertung - 2021-01-11 18:53:00 |
| 56 | tygertung wrote:
Real money is backed by something tangible and of value – generally a precious metal such as gold or silver. When money is tied to a tangible asset, it becomes much more difficult for governments to manipulate it or debase its value. loud_37 - 2021-01-11 19:12:00 |
| 57 | So there is no real money any more, seeing as gold isn't legal tender. tygertung - 2021-01-12 08:46:00 |
| 58 | tygertung wrote:
Now your starting to understand. loud_37 - 2021-01-12 19:08:00 |
| 59 | No, I don't agree, I am just trying to understand your point of view. I'll just continue using normal money as I can actually buy things with it, something I can't really do with golden nuggets or crypto dollars. tygertung - 2021-01-12 21:44:00 |
| 60 | nzoomed wrote: You can keep it. I'll stick to real cash and real assets without pretence! tegretol - 2021-01-12 21:51:00 |
| 61 | tygertung wrote:
All I'm saying is the medium of exchange we currently use is only back by faith in the system, if the faith in it fails there's nothing of value there. loud_37 - 2021-01-12 21:56:00 |
| 62 | That's fair enough, but it might not fail. tygertung - 2021-01-13 07:36:00 |
| 63 | people have to have faith in the system otherwise the system along with government collapses. money goes up and down in value and thats the way it is. by the way i would love a couple of the $1000 1890 Grand Watermelon Banknotes. thats real paper money value but i wouldn't keep them under the bed. ascotbks - 2021-01-15 10:58:00 |
| 64 | nzoomed wrote: We'll have to agree to differ - you to your pretend money and me to legal tender. Pointless trying to convince each other any other way!! tegretol - 2021-01-15 15:07:00 |
| 65 | Heard this discussed on RNZ yesterday morning.. Two attempts left on his lost password. $245m at stake. Gulp Edited by cookee_nz at 11:54 am, Sat 16 Jan cookee_nz - 2021-01-16 11:52:00 |
| 66 | You would think there would be some way to get your password but then you have to wonder how many billion is lost to forgotten passwords andrewcg53 - 2021-01-16 12:02:00 |
| 67 | andrewcg53 wrote:
not with a bank of course ascotbks - 2021-01-16 13:10:00 |
| 68 | cookee_nz wrote:
Thats pretty dumb, he should have written it down! nzoomed - 2021-01-19 21:30:00 |
| 69 | There is a lot of unaccessible CryptoCurrency going around which can't be accessed anymore as noone knows the password. tygertung - 2021-01-20 07:51:00 |
