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The Dollar is going to crash and Americans are going to be poor
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2022-04-22 at 4:46 PM UTC
Originally posted by troon in your example, the devaluation is of the dollar against bitcoin. Bitcoin appreciates relative to the dollar and so counters dollar inflation, it doesn't cause it.
I had one dollar, the dollar is worth a thousand times less, my dollar is now worth a thousand dollars thanks to bitcoin. It preserved my dollar purchasing power.
if you still have to use dollar to purchase, you are still getting devaluated. -
2022-04-22 at 6:52 PM UTC
Originally posted by vindicktive vinny
if you still have to use dollar to purchase, you are still getting devaluated.
don't pull that fucking face with me, THE dollar is getting devalued, MY dollars are doing just fine because they were stuffed in a bitcoin and I have a thousand times more of them at the point I need to convert them. I beat inflation.
it's pretty much a one-way street over the long haul because fiat is the unbounded variable, not bitcoin. -
2022-04-22 at 11:40 PM UTC
Originally posted by troon don't pull that fucking face with me, THE dollar is getting devalued, MY dollars are doing just fine because they were stuffed in a bitcoin and I have a thousand times more of them at the point I need to convert them. I beat inflation.
it's pretty much a one-way street over the long haul because fiat is the unbounded variable, not bitcoin.
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2022-04-22 at 11:47 PM UTCThe following users say it would be alright if the author of this post didn't die in a fire!
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2022-04-23 at 1:13 AM UTCFu Man Chu sez it's neva too late https://www.youtube.com/watch?v=JNTcY6l9-HI
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2022-04-23 at 6:32 AM UTC
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2022-04-23 at 11:37 AM UTC
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2022-04-23 at 12:12 PM UTC
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2022-04-23 at 6:17 PM UTC
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2022-04-25 at 11:10 AM UTCDidn't read the entire thread but the premise is incorrect. Plenty of literature showing no correlation between debt levels and inflation. Even when it correlates you can't simply say it was the cause. Problem is everyone thinks government debt is somehow similar to household debt, which starts off with an immediately incorrect analogy as it compares currency-issuers to currency-users.
Debt is effectively allowing those with Reserve accounts to change some numbers on a computer and buy interest-bearing securities, rather than leave it in their Reserve account. Think of it as a savings account vs a checking account. To reverse the debt is a matter of accounting and changing those numbers back from a savings account (interest-bearing securities etc) to a checking account (Reserve accounts)
Also seems like some confusion about printing/minting actual coins and government spending. The government doesn't mint $80b when it needs to pay for some military shit. Treasury instructs the Reserve to mark up the correct account. It still adds to the overall money supply, but a primary function of taxation is to take money out of the system to stop demand-pull inflation. People seem to think taxpayers pay for shit, which makes no real sense if you think about why a currency-issuer would care if they got something they can create back or not. It's simply eliminated from the system. There's no pool of taxpayer dollars you rely on in a currency-issuing nation with high levels of monetary sovereignty. -
2022-04-25 at 6:36 PM UTC
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2022-04-25 at 8:33 PM UTCFucking alcoholics.
I'm going pure. It hurts bad but this is how The Lord wants me to take things head on.
Head on like a hadron had a hardon for breaking the portal from myth to facts. -
2022-04-25 at 8:44 PM UTC
Originally posted by Sudo HARPER O ROURKE INVENTED JEFFCOIN9/11
I was being serious.
During the 1990 dialup days of &totse, I remember people talking about bit or byte currency and literally Bitcoin with a large B and a single line placed a 'B' over the '$' character.
It wasn't any of the admins or Ops
So not enigma nor JC Stanton had brought it up.
Then someone created an Ansi of it followed by a Ripterm version of the emblem
If you don't know what Ripterm was, it was the most advance terminal to replace the basic Ansi/ACSII version of visuals using basic bitch characters
It used actual square pixels to create a better version and a sample or exemplifying Bitcoin as one of the then drawings it was better at creating for dialup boards.
But html came into existence just prior.
and it was followed by the world wide web .
Ripterm was now redundant as far as the future of bulletin boards were concerned, then came ubb
Which Lanny clearly denies his board uses when the codes seem to work just fine. -
2022-04-25 at 8:47 PM UTCThis is why it's interesting Bitcoin came into existence in the 2k period, either someone just naturally used Bitcoin as their name followed by an exact gold coin with a b/$ insignia or it was the same group during it's inception while on &totse
You're not one of the originals so make stupid comments all you want
Most of you were told about totse dialup from zok -
2022-04-25 at 8:53 PM UTCBorland graphics interface
RIPscrip was introduced in 1992 and consisted of ASCII-text descriptions of vector-drawn graphics and images, along with facilities to create menus and clickable buttons. These were sent from the BBS instead of the more common ANSI color-coded text-mode screens, and were interpreted on the user's end by a RIP-enabled terminal program such as TeleGrafix's own RIPTerm. Lines of text appeared in one display, graphics in another. RIPscrip could not be used as the basis for a complete GUI, as it included no text editing system.
Even though it existed in 1992, it wasn't starting to become popular because it seemed to have been a proprietary system requiring everyone use the Ripterm executable
The later versions of WWIV and wildcat had this vector art patched into it but by then everyone was getting dsl or cable broadband and stop using dialup boards.
https://en.m.wikipedia.org/wiki/Remote_Imaging_Protocol -
2022-04-25 at 10:48 PM UTC*BeigeWarlock alert*
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2022-04-26 at 4:05 PM UTCdalit
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2022-04-28 at 8:51 PM UTC
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2022-04-28 at 11:22 PM UTCthis time round, inflation is part of the plan. money can be printed forever, it's been proven.
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2022-04-29 at 1:21 AM UTCThey don't even print the money anymore. All they do is move decimal places in the account.
