Re: Bitcoin confusion?

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#620423

From: John Levine
Date: Thu, 08 Feb 2018 14:57

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In article <fe2nfh...@mid.individual.net>,
Huge  <use...@huge.org.uk> wrote:
>> Among economists, the working definition of money is whatever you can
>> use to pay your taxes. 
>
>More nonsense. Tried paying your taxes with gold, at all?

Um, gold has not been money in the US since 1933.  I think you're confirming my point.

>The current state of the cryptocurrency world is an interesting experiment
>but no-one sane should participate there other than with funds they are
>prepared to lose in their entirety.

Total agreement there.  The more I look at it the more impressive it
is how much fraud there is.  I mean fraud in the normal sense, price
manipulation, theft, stuff like that.

R's,
John
-- 
Regards,
John Levine, jo...@iecc.com, Primary Perpetrator of "The Internet for Dummies",
Please consider the environment before reading this e-mail. https://jl.ly

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From: John Levine <jo...@taugh.com>
Newsgroups: alt.folklore.computers
Subject: Re: Bitcoin confusion?
Date: Thu, 8 Feb 2018 14:57:18 -0000 (UTC)
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