Is digital currency a good idea?

Discussion in 'Opinion POLLS' started by Moriah, Mar 7, 2023.

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Is digital currency a good idea?

Poll closed Mar 14, 2023.
  1. No. The money system should stay as it is.

    17 vote(s)
    89.5%
  2. Yes. Digital currency sounds like a good idea.

    0 vote(s)
    0.0%
  3. I don't care one way or the other.

    2 vote(s)
    10.5%
  1. Pro_Line_FL

    Pro_Line_FL Well-Known Member Past Donor

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    No, I might have said 'bitcoin' but I meant Cryptos, and yes, the EO mentions it eight times, since its a big part of it.
    https://www.whitehouse.gov/briefing...ng-responsible-development-of-digital-assets/
    Maybe you'll read it one day, although it seems clear you'd rather inhale Zerohedge and other conspiracy sites like the ones you keep quoting.

    Have a nice day and good luck with your money mattress. At one point I thought you were going to explain what you THOUGHT the EO was all about but I am no longer interested. Bu-bue.
     
  2. DennisTate

    DennisTate Well-Known Member Past Donor

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    I honestly believe that Joe Biden is in the bottom one percentile of the population for courage....and, or honesty.... and, or faith in any sort of eventually having any sort of Life Review with any sort of Being of Light of near death experience fame!!!!!

    I believe that Biden has bought into the myth created by Richard Dawkins Ph. D. and others that there is no Creator....there is no Being of Light who can review our lives with us once we either have a brush with death, (a near death experience)..... .or presumably when we actually die and our spirit or soul moves on into higher invisible dimensions of space and time.

    I have formed the impression that Joe Biden is bar none the WORST USA President to hold that office in my sixty three years...........

    I am of the belief that the two best Presidents who risked their lives on behalf of all Americans were President Donald J. Trump and President Ronald Reagan.

    But.... if Biden would accept my offer.... I would try to help him to make amends because.......

    the list of names and dates and places and events that Biden could give to the NSA is EXTREMELY VALUABLE!!!!!

    A challenge for Mr. Joe Biden from an aspiring Canadian politician....


    I am of the belief that a lot can be accomplished through satire and comedy... that is at least eighty percent serious!


    Are many of Joe Biden's troubles P. M. Justin Trudeau's fault?











     
  3. Pro_Line_FL

    Pro_Line_FL Well-Known Member Past Donor

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    I could have sword it was JFK, Lincoln, Garfield and McKinley who were assassinated, and others who fought for the US, but did not die, but Trump...... ok, - well I suppose being obese & eating junk food every day puts your life at risk, but that different kind of 'courage', Its the populist kind of courage.
     
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  4. UntilNextTime

    UntilNextTime Well-Known Member

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    AHAHA! Don't you mean you've lost the argument, that's why it's bye-bye from you. Since when did you ask me to explain the EO, it is written in English. Was this reaction because I called you out on what you and your kind call facts, which don't even present themselves in the EO?

    The reason I quote these sites is that they don't have a script or have a bottom line to consider. IOW, they have no master to answer to. But you can continue to live your life in fantasy.

    The Problem With CBDCs: Surrendering to Total Surveillance and Control

    You see, Bitcoin and all the other crypto's, you remained anonymous. As for CBDCs...:above:
    Good luck with having the collar on you tight even tighter.

     
    Last edited: Mar 14, 2023
  5. Pro_Line_FL

    Pro_Line_FL Well-Known Member Past Donor

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    Yea man., EHEHEHEHE

    Yes its written in English and you insist it does not mention Cryptos, when it actually mentioned it eight times. You are freaking out about the EO and you can't even explain why, and clearly you only read Zerohedge version of it. . Your response are reduced to AHAHAHAH...EHEHEHE, which is why I said good bue. Read the EO if you wish, or don't read it. I don't care.
     
  6. UntilNextTime

    UntilNextTime Well-Known Member

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    Once again, AHAHAHA. It mentions DIGITAL ASSETS, not cryptocurrency. DIGITAL ASSETS meaning CBDCs (CENTRAL BANK DIGITAL CURRENCIES). 86 iterations of the word "digital".
    Clearly, it is you that has no clue. The EO I refer to is this one; Executive Order 14067—Ensuring Responsible Development of Digital Assets. Which was posted here in post #52.

    The EO has no link within the Zerohedge article. Once again, you've been proven to be full of it, as you and your kind make up facts as you go along, hey? It's you who doesn't read.

    Who doesn't read, or have actual facts to back their claim and make up stories to help with your rubbish argument, it's you.

    Just to point out, the term is goodbye, and not good bue. Whatever that is.
     
  7. Pro_Line_FL

    Pro_Line_FL Well-Known Member Past Donor

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    Grow the heck up and read the freaking EO as opposed to listening to Zerohedge tell you what to think about it.

    The links YOU provide are from Zerohedge.

    Sheesh,,,,,you couldn't make if up if you tried.
     
    Last edited: Mar 14, 2023
  8. UntilNextTime

    UntilNextTime Well-Known Member

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    There's nothing to grow up about for. It's the sentiment I give for idiocy.
    I have read the EO, and I have read the Zerohedge article. What part of 'contrast' don't you understand?

    Can you quote the actual link that gives you the EO? It's really clever forensic work you do, not. Do me a favour, and have a look at the EO's actual web address. https://www.presidency.ucsb.edu/doc...suring-responsible-development-digital-assets
    Can you see ANY, affiliation to Zerohedge? Once again, clutching at straws, making sh!t up as you go along.
    It's apparent, you can!

    Oh, I get it now. Do you think because I put a Zerohedge article about how CBDCs will fail and then the EO from The American Presidency Project, that they are one and the same because they share the same post? auiqs.jpg.gif auiqs.jpg.gif auiqs.jpg.gif auiqs.jpg.gif auiqs.jpg.gif auiqs.jpg.gif auiqs.jpg.gif
    Not very observant, are you?

    Keep trying, you'll make a valid point one day.
     
  9. Pro_Line_FL

    Pro_Line_FL Well-Known Member Past Donor

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    I did that after you ignorantly claimed it did not mention Cryptos, when it actually mentions it 8 times.
     
  10. UntilNextTime

    UntilNextTime Well-Known Member

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    Detracting from what is quoted. Where is the link on Zerohedge that gives you the EO?

    Once again, you are making it up as you go, hey?
    Here's a tip for you. Go to the EO that has been provided https://www.presidency.ucsb.edu/doc...suring-responsible-development-digital-assets
    Once on that page, go to the top of your browser or where "edit" lives and select from that menu, "Find in page". Now you'll have a neat little search box at the bottom of the page and you can search for whatever word or phrase. Now look for "cryptocurrency" that you reckon has an iteration of 8 times, it is only mentioned once, then do "digital assets" or just "digital". OOOOOOOHHHHHHHHHHHH, white man magic.

    You must be running out of straws by now, hey?
    Once again, I've called you out and you failed, again.

    But hey, look on the bright side, you've learnt something new.
     
    Last edited: Mar 14, 2023
  11. Pro_Line_FL

    Pro_Line_FL Well-Known Member Past Donor

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    Learn to read. I said you use links to conspiracy cites like Zerohedge to parrot their talking points.

    That's a great idea. Why don't you to that without limiting it to "cryptocurrency" and allow for words like "cryptocurrencies" as well.

    Sorry kiddo, but I've had enough of your childishness / trolling.
     
    Last edited: Mar 14, 2023
  12. UntilNextTime

    UntilNextTime Well-Known Member

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    It's apparent that you have difficulty in reading. As I asked you to...
    That was your response. :above:
    I did, it gave 5 iterations, to your bullshit 8.
    The only one trolling is yourself. Can't win a trick out of all that, hey?
    When the argument gets tough, pull out the trolling card. :roflol:

    But we won't mention that you thought the EO and Zerohedge were linked now, will we? :oops:
     
    Last edited: Mar 14, 2023
  13. Pro_Line_FL

    Pro_Line_FL Well-Known Member Past Donor

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    Ummmm...your entire argument was that it was not mentioned even once. LOL

    Why did you think it was not mentioned? Because you never read it, you ran with the BS you picked up in Zerohedge, evcen after I provided you a link to full text of the EO.

    Some people........:D
     
  14. UntilNextTime

    UntilNextTime Well-Known Member

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    That's because I was too busy pointing out the flaws in yours.
     
  15. DennisTate

    DennisTate Well-Known Member Past Donor

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    Both President Reagan and President Trump aspired to be like J.F. K. and Lincoln. Both Reagan and Trump had multiple attempts on their lives.

    JFK and Lincoln went after the flaws in central banking policy. I believe we will all find out soon that President Trump has been doing that as well.

    http://www.cidpusa.org/lincoln_JFK.htm


    If you are up for some pretty amazing information about the JFK administration... you will find this lecture worth over three hours of your time.

     
    Last edited: Mar 14, 2023
  16. UntilNextTime

    UntilNextTime Well-Known Member

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    So what is the difference between this;
    https://www.whitehouse.gov/briefing...ng-responsible-development-of-digital-assets/
    and this;
    https://www.presidency.ucsb.edu/doc...suring-responsible-development-digital-assets

    Do you know of the differences? It's the web address. The content of each is exactly the same as the other. So your point is?

    The Zerohedge article is for you. As you're a cheerleader for CBDCs, it demonstrates why CBDCs will fail. But that had to be pointed out for you as you don't seem to understand what is going on.
     
  17. Sallyally

    Sallyally Well-Known Member Donor

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    Oh dear.
     
  18. vman12

    vman12 Well-Known Member Past Donor

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    No, I just mean it's inherent value based on supply and demand. As I mentioned, that's not what has caused the wild fluctuations.
     
  19. vman12

    vman12 Well-Known Member Past Donor

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    That's why they took out Gaddafi. Petro dollar.
     
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  20. Polydectes

    Polydectes Well-Known Member

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    I did but know that
     
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  21. Pro_Line_FL

    Pro_Line_FL Well-Known Member Past Donor

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    Reagan did get shot at, but not over politics. Trump........no clue what you are talking about.
     
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  22. expatpanama

    expatpanama Active Member

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    Wait a second, the market price is the intersection of the supply and demand curves. I can not see the two as separate. This is all from way back in my Econ 1A class many years ago and you may be talking about some new revision that I'm not aware of. I'll recheck...
    Capture.PNG
    nope, hasn't changed, market prices are still the intersection of supply and demand.
     
  23. vman12

    vman12 Well-Known Member Past Donor

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    Gold is not a normal commodity.

    Political and economic instability, while still at it's heart a supply/demand issue, creates artificial demand for gold.

    That's what I meant by it's "intrinsic" value of it's basic rarity in conjunction with the things it's normally used for, like the semiconductor industry.

    Shifts in the value of the US dollar affect the value of gold. Investment markets speculating on gold, or not actually trading in real gold affects it's value.

    It's not a simple supply/demand issue like steel or textiles.
     
  24. expatpanama

    expatpanama Active Member

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    My thinking is that the market price is set by real buyers offering real money to real people selling real gold. imho any other understanding is-- do I say "romantic" or do I say "BS"?
     
  25. vman12

    vman12 Well-Known Member Past Donor

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    Sure. You're welcome to postulate that gold is only affected by supply/demand in the same way as textiles if you want.

    I've never heard of people hoarding textiles, or the value of textiles being tied to the value of the dollar, or textile futures/investing, but go right ahead.
     
    Last edited: Mar 15, 2023

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