Topic: Federal Reserve Notes are not real money.

Bitcoins !5qPJGR/JRI started this discussion 15 years ago #14,839

> Fed can print as much as they want
"currency"? I think not.

Anonymous B joined in and replied with this 15 years ago, 7 minutes later[^] [v] #261,502

Holy shit how else do you think money happens.

Anonymous C joined in and replied with this 15 years ago, 1 minute later, 9 minutes after the original post[^] [v] #261,503

@previous (B)

> Holy shit how else do you think money happens.

Anonymous D joined in and replied with this 15 years ago, 1 minute later, 10 minutes after the original post[^] [v] #261,506

@261,502 (B)
@previous (C)
> Holy shit how else do you think money happens.

barter economy with gold or other valuable commodities as a currency of exchange

has happened countless times throughout history

(Edited 44 seconds later.)

Bitcoins !5qPJGR/JRI (OP) replied with this 15 years ago, 1 minute later, 12 minutes after the original post[^] [v] #261,509

@261,502 (B)
A predetermined supply curve is mapped out, and enacted by a decentralized swarm of peers. Duh.

Anonymous E joined in and replied with this 15 years ago, 2 minutes later, 14 minutes after the original post[^] [v] #261,515

@previous (Bitcoins !5qPJGR/JRI)
Oh, okay.

Anonymous F joined in and replied with this 15 years ago, 15 minutes later, 30 minutes after the original post[^] [v] #261,524

> currency that every country in the world accepts
> not real money
Only on the internet.

HaikerensGuide !0VegJ9Jl.Q joined in and replied with this 15 years ago, 7 minutes later, 37 minutes after the original post[^] [v] #261,534

@261,502 (B)
Most currency around the world is printed by a government bureau rather than some bureau-when-convenient-corporation-when-convenient clusterfuck of corruption.

Anonymous A (OP) replied with this 15 years ago, 55 seconds later, 38 minutes after the original post[^] [v] #261,536

@previous (HaikerensGuide !0VegJ9Jl.Q)
There is one currency though- one currency that is printed by neither

HaikerensGuide !0VegJ9Jl.Q replied with this 15 years ago, 2 minutes later, 41 minutes after the original post[^] [v] #261,540

@previous (A)
And what currency would that be?

Bitcoin !5qPJGR/JRI (OP) replied with this 15 years ago, 3 minutes later, 45 minutes after the original post[^] [v] #261,544

@previous (HaikerensGuide !0VegJ9Jl.Q)
bitcoin.org

HaikerensGuide !0VegJ9Jl.Q replied with this 15 years ago, 1 minute later, 47 minutes after the original post[^] [v] #261,546

@previous (Bitcoin !5qPJGR/JRI)
Bitcoins aren't printed.

Bitcoin !5qPJGR/JRI (OP) replied with this 15 years ago, 56 seconds later, 48 minutes after the original post[^] [v] #261,547

@previous (HaikerensGuide !0VegJ9Jl.Q)
I only meant that metaphorically.

> telling Bitcoin !5qPJGR/JRI
> about Bitcoin

HaikerensGuide !0VegJ9Jl.Q replied with this 15 years ago, 6 minutes later, 54 minutes after the original post[^] [v] #261,552

@previous (Bitcoin !5qPJGR/JRI)

> I only meant that metaphorically.
Backpedaling liar.

Anonymous D replied with this 15 years ago, 23 minutes later, 1 hour after the original post[^] [v] #261,563

@261,546 (HaikerensGuide !0VegJ9Jl.Q)
well actually...

Anonymous D double-posted this 15 years ago, 2 minutes later, 1 hour after the original post[^] [v] #261,567

printed bitcoin bills? oh my!

Anonymous H joined in and replied with this 15 years ago, 1 hour later, 3 hours after the original post[^] [v] #261,582

@261,563 (D)
The bitcoin isn't printed, but a title to it could be.

Anonymous D replied with this 15 years ago, 41 minutes later, 3 hours after the original post[^] [v] #261,589

@previous (H)
essentially yeah but that allows the use of bitcoins as a physical currency

Anonymous I joined in and replied with this 15 years ago, 1 hour later, 5 hours after the original post[^] [v] #261,601

@previous (D)
Who needs that when there's an android app? Warning, hot bitches ahead!

http://www.youtube.com/watch?v=YZ-pqo0cLcE

Anonymous H replied with this 15 years ago, 4 hours later, 9 hours after the original post[^] [v] #261,622

@261,589 (D)
Yeah, that's how commodity currencies work. People wouldn't actually be giving each other bits of gold under a gold-backed currency.

Minichan