You confuse money as a way to measure an asset,
and ignore that you need some asset behind it.
The worst asset is cash, i.e. money itself.
intellectual property. Microsoft is so happy
and generate more and more IP.
patents, inhouse software solutions, etc.. which
i.e. some currency is picked to express it.
This value is quite independent of money. Acually its
the value might nevertheless go up. Like if Microsoft
Satya Nadella talks only about IP in the above interview.
Hi,
Post by PhysfitfreakThose who have their wealth
in Bitcoin stay safe
If Bitcoin crashes you loose everything,
if you store your wealth in this kind of
money. Its always safer to diversify value
for storage into different instruments.
In as far an economy cannot crash based on
currency problems. Only financial markets can
choke on currency problems. Money is not
anymore tied to gold, because money has become
irrelevant. During a transaction the currency
exchange rates are irrelevant. You would
only experience something if there were
a drastic hourly change. Only uneducated
fools think about money as a value store.
The biggest chunk of value sture is store
in the form of land and buildings, non
movable things, and economies could fall
back to barter economy. Which happens often
Financial markets provide mechanisms to manage
risk, share investments, and maintain liquidity.
Without them, economies would have fewer tools
for diversifying risk or quickly accessing capital.
Without money, measuring value and coordinating
production and consumption becomes complex. Money
acts as a unit of account, a store of value, and a
medium of exchange. Without these functions, economies
would struggle to establish a common understanding
of value and facilitate trade on a large scale.
But its not for storage.
Bye
Post by PhysfitfreakHi,
Bitcoin is infected by Nazis. Its long gone a
left movement, it has become a far right movement.
What are you talking about? Here is a list of
- Peter Boehringer (AfD Germany)
https://www.presseportal.de/pm/110332/5915082
There is a constant critique of central banks
in these circles, and they see for example
Central Bank Digital Currency (CBDC) as an
additional threat, to more control over the
populace. But Bitcoin is also not completely
anonymous, you see the transactions in the
distributed ledger and possibly harder and harder
to avoid KYC (Know Your Customer) regulations. For
example ETFs are typically not anonynmous for tax
reasons. I think the fallacy here is that one thinks
money can make a divide between good and evil. This has
never been the case, „Pecunia-non-olet", there is
no guarantee that Bitcoin isn't used in evil manners.
Bye
Post by PhysfitfreakPost by Mild Shockwho knows when and what will happen?
Any sane person in the world knows what will happen.
What will happen is what has happened over and over again in the past
30 years. USA and Europe one morning wake up and feel their dicks
erected, therefore freeze dollar assets of some nation in the world
who dares to respond to Nazis the correct way.
Those who have their wealth in Bitcoin stay safe, those who trusted
Nazis lose all their money.