|submitted by rdar1999 to btc [link] [comments]|
|submitted by unitedstatian to Buttcoin [link] [comments]|
|submitted by -en- to newsbotbot [link] [comments]|
|submitted by alwillis to Bitcoin [link] [comments]|
Bitcoin, on the other hand, is backed by your ability to prove that a pointless and wasteful mathematical exercise has occurred, and by the hope that there’s still a bigger fool willing to buy it off you. And by nothing else. It’s not an enduring source of value. John Quiggin @ 8 – I have a piece in the New York Times looking at the implications for the bitcoin bubble for economic theory and, in particular, for the (Strong) Efficient (Financial) Markets Hypothesis (EMH) which states that prices determined in financial markets reflect all the available information about the value of any asset. If that’s true then governments can’t improve on a policy of allocating Well, Bitcoin is a fiat currency, designed by people with no real concept of how fiat currencies work, except the dogma ‘two legsfiat currency bad!four legs hard currency good!’ The scarcity part was a deliberate design decision, building permanent deflation into the very definition of ‘Bitcoin’, again, because it was designed by people without any clear understanding of how currency Bitcoin has been viewed as a liberating path out of the corporate monetary system. But the process of 'mining' the cryptocurrency is a massive energy drain - and potential environmental disaster. Professor Quiggin, I can't follow ShroudWriter's argument, but I think he may be objecting to your assumption that it requires energy to create a bitcoin. That is not so.
[index]          
When This Channel Reaches 1000 SUBSCRIBES We Will Do An iPad Giveaway! ***WARNING*** IF YOU HAVE A COMPLAINT ABOUT SOMETHING OR FIND YOUR CONTENT IS BEING USED INCORRECTLY, PLEASE CONTACT THE ... Gerçek kripto para gerçek coin gerçek zaman gerçek kazanç yepyeni bir firmayla dünya genelinde yapılanıyoruz 0536 939 33 92 BİTCOİN Bitcoin ele avuca gelebil... Quiggin Out MMA host Matt Quiggins sits down with current bearded Bellator cutman Matt Marsden and his wife Dr. AJ Marsden. In this week's edition of Voices From the Doomosphere, I have the pleasure of speaking with Australian economist John Quiggin. ... Bitcoin TV 108,120 views. 1:55:48 My first attempt at a video résumé; it seems to rock out the way I wanted it to!