tag:blogger.com,1999:blog-3758330678390419129.post7468385263739601324..comments2024-02-13T02:39:22.756-05:00Comments on EconomicPolicyJournal.com: 4 Men in San Francisco and Bitcoin's PR ProblemRobert Wenzelhttp://www.blogger.com/profile/14296920597416905488noreply@blogger.comBlogger11125tag:blogger.com,1999:blog-3758330678390419129.post-79195525745508891802014-03-03T12:19:58.474-05:002014-03-03T12:19:58.474-05:00If you're in PR and you want to take a stab at...If you're in PR and you want to take a stab at the bitcoin PR problem, let me know if you're interested in purchasing bitcoinpublicrelations.com - best way to reach me is on twitter - @FlatlineFiatAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-88797677220060119362014-02-27T19:50:54.916-05:002014-02-27T19:50:54.916-05:00"No point in conceding the intrinsic value ar..."No point in conceding the intrinsic value argument as many bitcoiners wish us to do."<br /><br />It's best to be avoided, see link:<br /><br />http://www.fee.org/the_freeman/detail/the-fallacy-of-intrinsic-value<br /><br />Regardless, I agree with the sentiment of most of your response.<br /><br /><br />"What would the IP debate add to the bitcoin one?" <br /><br />I viewNick Badalamentihttps://www.blogger.com/profile/14015961786370759940noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-65411699158067954022014-02-27T14:36:13.579-05:002014-02-27T14:36:13.579-05:00No point in conceding the intrinsic value argument...No point in conceding the intrinsic value argument as many bitcoiners wish us to do.<br />Bitcoin is good to use only - the store of value argument makes no sense.<br />What would the IP debate add to the bitcoin one?<br /><br />Bitcoiners like to make being in favor of bitcoin as a type of litmus test for being in favor of liberty. The two are not connected or pre-requisites of each other.<br />Anonymoushttps://www.blogger.com/profile/13857195336972105258noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-33263895643781985942014-02-27T12:46:09.340-05:002014-02-27T12:46:09.340-05:00I was trying to be very careful in avoiding the &q...I was trying to be very careful in avoiding the "intrinsic value" argument as many see it as invalid.<br /><br />Instead, I was trying to be very specific(and obviously I failed) in stating that gold/silver have uses outside of money. Some may call that 'intrinsic', but there seems to be conflation between that word/definition and the actual ability to utilize property. For Nick Badalamentihttps://www.blogger.com/profile/14015961786370759940noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-68334991494962747092014-02-27T10:31:41.008-05:002014-02-27T10:31:41.008-05:00Nick that is the lack of intrinsic value argument ...Nick that is the lack of intrinsic value argument well stated. Bitcoiners argue that the value is in the system. If that is the case the price of bitcoin should be next to nothing other than as a use fee.Anonymoushttps://www.blogger.com/profile/13857195336972105258noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-68800853245950907072014-02-27T09:37:30.167-05:002014-02-27T09:37:30.167-05:00One of the key problems with Bitcoin that is in es...One of the key problems with Bitcoin that is in essence unsolvable is that at its very base, it offers no utility beyond that of subjective value(currently).<br /><br />While value is subjective, utility in a broad sense is not, which is why the regression theorem is in question in regards to Bitcoin.<br /><br />I liken it to the WPA under Roosevelt:<br /><br />"We are going to create jobs Nick Badalamentihttps://www.blogger.com/profile/14015961786370759940noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-47541007799552482182014-02-27T08:59:13.647-05:002014-02-27T08:59:13.647-05:00"Do you think libertarianism is going to take..."Do you think libertarianism is going to take over the world anytime soon?" and therein lies the delusion of many bitcoiners. Libertarian principles are sound, bitcoin is notAnonymoushttps://www.blogger.com/profile/13857195336972105258noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-15074134981308259232014-02-27T00:26:11.974-05:002014-02-27T00:26:11.974-05:00We shall see.We shall see.Say It!https://www.blogger.com/profile/16254026757399882077noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-42093576345870098492014-02-26T23:11:54.901-05:002014-02-26T23:11:54.901-05:00Do you think libertarianism is going to take over ...Do you think libertarianism is going to take over the world anytime soon?Robert Wenzelhttps://www.blogger.com/profile/14296920597416905488noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-14130740945956892882014-02-26T22:43:44.022-05:002014-02-26T22:43:44.022-05:00To be fair, Bob, wouldn't that be the kind of ...To be fair, Bob, wouldn't that be the kind of thing you'd also hear people say about Libertarianism?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-9262691518326202492014-02-26T21:57:17.474-05:002014-02-26T21:57:17.474-05:00I think the Bitcoin era will end up as a sad libe...I think the Bitcoin era will end up as a sad libertarian joke- Take my bitcoin, PLEASE. Unfortunately there is an air of inevitability in the "bitcoin community" and they generally treat people well until they determine that perhaps Bitcoin is not for them. That's when the arrogance kicks in- "you don't understand" "statist" "Fed lover" Sheep"Anonymoushttps://www.blogger.com/profile/13857195336972105258noreply@blogger.com