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Straight Line Logic’s New Cryptocurrency! by Robert Gore

Posted by straightlinelogic 7 years, 6 months ago to Economics
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Here’s a chance for you to exchange all your legacy moneys, currencies, and debt instruments—precious metals, credit cards, debit cards, money orders, checks, traveler’s checks, cashiers’ checks, second mortgages, euros, pounds, yen, yuan, rubles or good old fashioned Federal Reserve notes—for the exciting, innovative, liberating Cryptocurrency of the future, the Bobcoin. Count on it, the Bobcoin will be the next Cryptocurrency they’re talking about at cocktail parties and bongathons.

Operators are standing by. For all the details, please click the above link.


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  • Posted by Dobrien 7 years, 6 months ago
    As a former tooth fairy with three kids .I bought teeth for a buck to five bucks apiece years ago.
    Saving them in a secure crest-wallet.
    With the hopes that they would be valuable some day as Bitecoins.
    Oh well into the box of confederate currencies Mexican pesos and Puerto Rican Bonds. Enron stock and Venezuelan politicians they go. Close is only good in horseshoes and handgrenades.
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  • Posted by $ MikeMarotta 7 years, 6 months ago
    I appreciate the humor, of course. That is the reason why I recommend a rational (logically consistent) framework for the empirical evidence from history. All progress comes from abstraction. You cannot eat gold and silver; they will not hold an edge. Copper must be alloyed with tin to make bronze. And the first bronze "money" was in the form of huge slabs weighing about 50 to 70 lbs and shaped like cowhides because then (about 1400 BCE) cows were money. Metal money was just an abstraction for cows, useful though metal can be.

    The first stock exchange (Amsterdam 1602) traded in paper promises. Paper money was known in China and Sweden, but it took America to make paper money truly useful and valuable. When I show people foreign currency, they ask me why American money is so boring. I reply, "Because it is actually worth something." There was no gold here (not at first). From the steamship to the spaceship, gold was just a convenience. While it was popular out West,especially in California, gold was not highly demanded in New York City of the great capitalist age.

    Writing began as tokens for farm goods. The Gilgamesh came 2000 years later. Computer programming began as a way to print gunnery tables. Then we tabulated payrolls in COBOL. Now we calculate blockchains.

    Myself, I am conservative. I don't keep cows, but neither do I have any Bitcoins. So, I get the humor. But I would have thought that a smart guy like you would have been an early adopter.
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