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To: P-Marlowe

So. Is the dollar.


4 posted on 03/16/2014 11:54:51 AM PDT by Wildbill22 (They have us surrounded again, the poor bastards- Gen Creighton Williams Abrams)
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To: Wildbill22

In fact the dollar may be more like air in a balloon than Bitcoin.


5 posted on 03/16/2014 11:59:39 AM PDT by Wildbill22 (They have us surrounded again, the poor bastards- Gen Creighton Williams Abrams)
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To: Wildbill22

Bingo.


6 posted on 03/16/2014 12:01:08 PM PDT by andyk (I have sworn...eternal hostility against every form of tyranny over the mind of man.)
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To: Wildbill22

Perhaps, but the dollar is still the strongest fiat currency in the world. Bitcoins aren’t worth two bits compared to the dollar. Bitcoins will lose most of its value overnight. Possibly 100%. The dollar might lose 10% of its purchasing value in the course of a year. That was as bad as it has ever gotten. That was during Carter.

Bitcoins are not only a fiat currency. But they can be summarily declared illegal by any government tomorrow. Then all you will be holding is a computer filled with worthless electrons.

Invest at your peril.


10 posted on 03/16/2014 12:22:22 PM PDT by P-Marlowe (There can be no Victory without a fight and no battle without wounds)
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