Cryptocurrency

[stonehenge]

“China and Europe playing big currency manipulation game and pumping money into their system in order to compete with USA. We should MATCH, or continue being the dummies who sit back and politely watch as other countries continue to play their games – as they have for many years!”

Currency race to the bottom.

What next, runaway inflation to solve the national debt.

[AtW]

Dr Doom says blockchain useless

DOOMed!

[VirtualMonkey]

Dr Doom says blockchain useless

DOOMed!

Can only ever read that with a Scottish accent, Mr Mainwaring.

[AtW]

Far as I'm concerned the $ went to zero when the gold standard was abandoned.

There is no limit to the printing they can do. At some point someone somewhere will realise a one dollar bill is worth less than a sheet of toilet paper. On that day the currency will go down the crapper.

If you don’t understand why gold standard could not work then you ought to STFU and read up a bit on the subject

[Lance]

double woh

Banks launder $2 trillion annually: 10X Bitcoin’s market capitalization

ATW is part of that system. A supporter of that system. Makes one wonder...

some context to the article...

According to a Bitcoin and crypto enthusiast Rhythmtrader:

“Banks help launder over $2 trillion every year.

[AtW]

Eurofins Scientific: Forensic services firm paid ransom after cyber-attack - BBC News

And that's why tulipcoins gone up - exactly the reason why they should be shut down ASAP.

[VirtualMonkey]

Eurofins Scientific: Forensic services firm paid ransom after cyber-attack - BBC News

And that's why tulipcoins gone up - exactly the reason why they should be shut down ASAP.

That's odd...starts by saying ransom paid and has 'company refused to comment' half way through. which is it? bbc for you

[Old Greg]

That's odd...starts by saying ransom paid and has 'company refused to comment' half way through. which is it? bbc for you

Have another read.

[scooterscot]

If you don’t understand why gold standard could not work then you ought to STFU and read up a bit on the subject

The gold standard worked perfectly. Growth never much more than 3% per year. Realistic growth. None of this double digit housing growth year after year. Only a matter of time before its return.

You're a bit thick. Now go and buy some Bitcoin.

[AtW]

The gold standard worked perfectly.

You can buy gold for your dollars, what's the problem?

If you want to charge for your services in ounces of gold then you can also do so, or use dollars/euros as proxy measure that can be converted into gold.