When the US defaults on it's debt by failing to raise it's debt ceiling by the 17th, the entire world financial system will collapse, then Bitcoin will be the worlds new reserve currency.
Name:
Anonymous2013-10-09 10:28
Not so sure about that considering its limited supply.
It would be like bringing back the gold standard.
Name:
Anonymous2013-10-09 10:33
Monopoly money to surpass Bitcoin in value on October 17th.
When the US defaults on it's debt by failing to raise it's debt ceiling by the 17th, the entire world financial system will collapse, and no one has any money to play this stupid bitcoin game anymore.
Name:
Anonymous2013-10-09 10:45
Bitcoin to crash
Fusion will soon be perfected, with cold fusion shortly after. With a supply of nearly infinite energy at almost zero cost, the bitcoin network will reach a hashrate of over 500 pedohashespetahashes/second, which will quickly exhaust all the coins. With so little adoption in real world uses, the coin will become nearly worthless.
Name:
Anonymous2013-10-09 10:59
Bitcoin won't do much for the foreseeable future
The US will not default and the world economic system will not collapse. Even if it did, there is absolutely no reason to even let the absurd idea that Bitcoin will be the new reserve currency even waste the time it takes to expel it from your mind. Bitcoin will continue to be traded by enthusiast, wannabe cyberpunks, and undercover police, but it's price will not rise or fall dramatically.
Name:
Anonymous2013-10-09 11:02
>>1
Then the NSA will be like the new Central Bank!
Great!
¬_¬
Name:
Anonymous2013-10-09 11:15
>>4
ASCIBot-coin cannot crash because of inflation, since total # of bitcoins is limited by design
Name:
Anonymous2013-10-09 13:08
>>4 With so little adoption in real world uses
But that's wrong.
It's steadily creeping into the offline world.
Name:
Anonymous2013-10-09 17:14
>>8
Now that they're arresting Silk Road users, it won't even have the paranoid nerd drug market captive. BTC is dead.
Name:
Anonymous2013-10-09 17:17
>>9
Believe what you want, mang.
Enjoy your ignorance.
Name:
Anonymous2013-10-09 17:26
Dubscoin will soon demolish the world economy and usher in a new utopian age of prosperity.
Name:
Anonymous2013-10-09 18:49
New Fed `chairperson' is a woman. Get out of the dollar soon!
How can you even be a reserve currency when you have no reserves of currency..?
Name:
Anonymous2013-10-13 23:16
it's like..
`And on your left is the world's water reserves..'
*points at a big empty dam*
Name:
Anonymous2013-10-13 23:19
or would it be
*points at a big dam full of salt water*
?
Name:
Anonymous2013-10-13 23:25
*points at a big crusty dry salt lake*
xD
Name:
Anonymous2013-10-13 23:31
*with a paranoid desalination plant on the hill excreting more super-saline waste into the reserve...* ^^
Name:
Anonymous2013-10-13 23:33
And a sign, WhiteHill D.C.
Name:
Anonymous2013-10-13 23:46
With a million thirsty armed guards positioned around a 50-gallon fresh-water tank in the desert....
Name:
Anonymous2013-10-13 23:56
>>1
you mean US $1,000,000,000,000 set to drop to 1 bitcoin?
meh, i don't wanna mix my real money with your monopoly money...
Name:
Anonymous2013-10-14 0:15
Really, they never should have stopped making coins out of precious metals... Just a bit silly they didn't realize the price of the metal sets the minimum/maximum value of the coin... you could even use alloys to prevent volatility/etc =)
Name:
Anonymous2013-10-14 0:18
Instead we have a wad of 100 dollar notes materially equal to a used milk bottle...
Name:
Anonymous2013-10-14 0:28
Also, very curiously, there is no such thing as counterfeit money in that scenario, any monies properly made of the material(s) are (or should be) legal...
Name:
Anonymous2013-10-14 0:35
Do it Australia =D
before it is too late....
Name:
Anonymous2013-10-14 0:37
I'll sign up for a job at the mint if need be ^^
Name:
Anonymous2013-10-14 4:00
>>23
There are really good reasons we don't use that system anymore.
Not going to bother actually looking them up, but your post is kinda the equivalent of an economist saying we should go back to programming using punchcards.
Name:
Anonymous2013-10-14 4:29
>>28
i don't think there is, the only one i ever heard was that the price of silver went high once, so people were melting down the coins for silver.. (instead of just increasing the value of the currency =P )
Oh and you can print money for 1/1000000th cost/value... so you can make erryone poor..
Name:
Anonymous2013-10-14 4:36
You need more money... dig some mines you lazy bastards..
Name:
Anonymous2013-10-14 4:46
i bet the whole US isn't even worth 15 trillion dollars xD
Name:
Anonymous2013-10-14 4:54
i wouldn't bid 20 in an italian auction with all that debt....
no fossil fuels left, probably mineral poor, just a big retarded society.....
i feel bad for obama xD
Name:
Anonymous2013-10-14 5:04
>>29 Oh and you can print money for 1/1000000th cost/value... so you can make erryone poor..
As opposed to making every country which doesn't have gold mines poor... Oh, and initially making everybody in the world who doesn't have gold under their bed already broke.
It would be completely incompatible with the modern world.
You wouldn't be able to use things such as paypal without physically mailing coins around.
Besides, fiat currency != money.
It's only a representation of money.
Only a small amount of money has a physical representation.
Jesus Christ Luke, shut the fuck up. Or at least condense your posts. This is not IRC.
Name:
Anonymous2013-10-14 8:25
*grabs dick*
Name:
Anonymous2013-10-14 11:27
>>37
Have you ever considered that your friend is just plain too stupid for the internet?
Name:
Anonymous2013-10-14 11:51
Sorry, it's like a self-contained feedback loop =D
But really, i'm just tired of all this bullshii
It's a bit like US `National Security'... a fucking joke
You are not secure. You're like the most fucking insecure nation there is... and that's without the current scam..