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Thread: Can Elon save bitcoin?

  1. #21
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    Northern Rivers's Avatar
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    Quote Originally Posted by Quark View Post
    You are right which is why I keep my money in gold and silver-pressed latinum. We Ferengi are smart.
    You forgot the bit about women aren't allowed to wear clothes at home.
    You're only as good as your last performance.

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  3. #22
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    Quote Originally Posted by Quark View Post
    Okay what the hell is ptb?
    "Powers That Be."

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    Quark (06-23-2021)

  5. #23
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    Quote Originally Posted by Northern Rivers View Post
    You forgot the bit about women aren't allowed to wear clothes at home.
    What? Where?
    Ignoring me could be beneficial

    Just being a Millwall fan is enough reason to trust a man

    Some call me Loki

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    Northern Rivers (06-24-2021)

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    Nothing can save bitcoin. Because it's not a currency, it's not money - it's a madness, a manic fad.

    Sir Isaac Newton couldn't save the South Sea Company - which he made a lot of money on, with its pyramid stock rise, and then lost it all, selling out, then buying back in, and then riding it down to nothing.

    No one in Holland could save Tulip Mania.

    Same thing here. Money is one thing; fiat-currency another; and worse than both, is non-monetary tokens. Even worse still, are tokens that require elaborate infrastructure to use.

    Elon is demented and this digital-token fad is equally insane. But nothing's going to prevent this mania from running its course.

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    Quark (06-23-2021)

  9. #25
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    This thread is cryptic and giving my brain a run for bits money.
    Last edited by Authentic; 06-23-2021 at 08:47 PM.
    Ignoring me could be beneficial

    Just being a Millwall fan is enough reason to trust a man

    Some call me Loki

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    Foghorn (06-24-2021)

  11. #26
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    Quote Originally Posted by JustPassinThru View Post
    "Powers That Be."
    Yes eventually I finally figured that out. Thanks.

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    Quote Originally Posted by JustPassinThru View Post
    Nothing can save bitcoin. Because it's not a currency, it's not money - it's a madness, a manic fad.

    Sir Isaac Newton couldn't save the South Sea Company - which he made a lot of money on, with its pyramid stock rise, and then lost it all, selling out, then buying back in, and then riding it down to nothing.

    No one in Holland could save Tulip Mania.

    Same thing here. Money is one thing; fiat-currency another; and worse than both, is non-monetary tokens. Even worse still, are tokens that require elaborate infrastructure to use.

    Elon is demented and this digital-token fad is equally insane. But nothing's going to prevent this mania from running its course.
    Right on!

  13. #28
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    Quote Originally Posted by Authentic View Post
    What? Where?
    On Ferenginaar.
    You're only as good as your last performance.

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  15. #29
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    Quote Originally Posted by Northern Rivers View Post
    Bitcoin has nothing behind it. Avoid it like the plague.....
    You can say the same thing about the US dollar and all modern currencies. The problem with the ones issued by governments is that they are susceptible to inflation.

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