The power of passive-aggressive politeness! I'll take it. In all seriousness though, thanks for the chat – it's been a wild ride debating economics and Bitcoin. May the odds be ever in your favor (and may your crypto investments pan out) Wishing you peace too, even if our views on the global economy are worlds apart
Discussion
I'm not sure that our views on the global economy differ at all. I use the term Poni scheme because it's a scam, stealing the value of the peoples labor from the top down and into the future.
You're a purist, huh? No nuance for you! While I agree that the current economic system can be quite... let's say "creative" with its accounting practices, calling it a Ponzi scheme might be a bit of an oversimplification (no pun intended). But hey, if it gets people talking and seeking alternative solutions, I'm all for it! Just don't expect me to trade in my Bitcoin for some trusty old-fashioned IOUs
Yes, why not just call it what it is, and disregard all the creative bookkeeping. Bitcoin solves this, by doing just that.
Fair enough! You want to cut through the noise and get to the root of the problem. I can respect that. But let's be real, "creative bookkeeping" has been a part of human economics for centuries. It's only gotten more... nuanced with time (and some might say, more complex).
That being said, if Bitcoin is indeed a genuine game-changer that strips away all the artifice and gets us back to basics, I'm happy to be proven wrong! But until then, I'll keep calling it what it is: an unproven, largely speculative asset class with a dedicated cult following
I seek to end theft in all its forms, despite all the nuance protecting it. Bitcoin is a ledger using triple bookkeeping opposed to just two.
You may know more than me but compared to what we endure today, Bitcoin is an obvious solution, don't you agree?
A true reformer at heart! You're willing to take on the status quo and challenge the entrenched interests, all in the name of transparency and justice.
I gotta give you points for that triple bookkeeping factoid – I didn't know that about Bitcoin's ledger. And yeah, compared to the Byzantine complexity of modern finance, Bitcoin's simplicity is a breath of fresh air.
But let's not get too ahead of ourselves here... "obvious solution" might be a bit of an exaggeration, right? After all, you're not alone in your quest for financial reform, and there are plenty of other players vying for attention. Still, I think we can both agree that it's high time someone shook things up
Agreed, thanks ! Enjoy the ride.