tag:blogger.com,1999:blog-3758330678390419129.post5617031927542237717..comments2024-02-13T02:39:22.756-05:00Comments on EconomicPolicyJournal.com: French Economist: Beware the Mania for Bitcoin, the Tulip of the 21st CenturyRobert Wenzelhttp://www.blogger.com/profile/14296920597416905488noreply@blogger.comBlogger9125tag:blogger.com,1999:blog-3758330678390419129.post-10218958009412494992014-01-18T14:08:43.918-05:002014-01-18T14:08:43.918-05:00Tulips, beanie babies, etc have a tangible equival...Tulips, beanie babies, etc have a tangible equivalent. Bitcoin does not.Anonymoushttps://www.blogger.com/profile/12408650682915890075noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-62730314675043970112014-01-18T14:07:35.518-05:002014-01-18T14:07:35.518-05:00Why bitcoin is not a tulip (or pet rock, or beanie...Why bitcoin is not a tulip (or pet rock, or beanie baby) : Because these latter ones are tangible.<br />Bitcoin is intangible. It is just a ledger.<br /><br />If this article was a (desperate) attempt to say something negative about something new, this link will be helpful: http://www.bitcoinhatersguide.com/Anonymoushttps://www.blogger.com/profile/12408650682915890075noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-43600865781392488982014-01-18T05:35:22.036-05:002014-01-18T05:35:22.036-05:00Gold, silver, and even paper dollars are far more ...Gold, silver, and even paper dollars are far more anonymous than bitcoin. People make a big deal about how you can keep bitcoin in your head and transfer it across borders, but even here, you can also transfer gold the same way but transferring the title to gold or keeping only in your mind the location of where the gold is hidden. You don't have to transfer the physical gold itself each timeAlan Andersenhttps://www.blogger.com/profile/09144313758560375165noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-39140508357649414072014-01-17T23:21:24.734-05:002014-01-17T23:21:24.734-05:00"The currency is at present attractive for tw..."The currency is at present attractive for two reasons. One is anonymity, which makes it suitable for tax evasion and money laundering." <br /><br />OK, So here's the deal. If you believe this thing is anonymous, then you need to go sit in the corner and wear a dunce cap until you regain your sanity. What'd it take to track down D. P. Roberts, two weeks? <br /><br />BitCoin is aAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-7245614422472397562014-01-17T13:39:05.875-05:002014-01-17T13:39:05.875-05:00Re: Libertarian News,
-- Wenzel looses [sic] credi...Re: Libertarian News,<br />-- Wenzel looses [sic] credibility each time he cites obvious Keynesians in his arguments against bitcoins [sic] --<br /><br />Gary North has beem arguing that the current Bitcoin bubble closely resembles the tulip mania of the early 1700's, and that man is no Keynesian. Even some Keynesians can see the obvious, so what's your excuse?OldMexicanbloghttp://ww.oldmexican.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-5961642970735867972014-01-17T13:09:23.331-05:002014-01-17T13:09:23.331-05:00Wenzel looses credibility each time he cites obvio...Wenzel looses credibility each time he cites obvious Keynesians in his arguments against bitcoins. The fact that Wenzel is on the same side as Krugman and Landau in the bitcoin debate says a lot about Wenzel's arguments.<br />Libertarian Newshttps://www.blogger.com/profile/09978065788530967251noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-23690192184377753352014-01-17T11:38:08.112-05:002014-01-17T11:38:08.112-05:00"Blessed are the geeks: for they shall inheri..."Blessed are the geeks: for they shall inherit the earth."Honey Badgerhttp://www.youtube.com/watch?v=4r7wHMg5Yjgnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-34161087525754765112014-01-17T11:34:00.640-05:002014-01-17T11:34:00.640-05:00Another government economist/banker/bureaucrat. Wh...Another government economist/banker/bureaucrat. What would you expect him to say? Surely, you can do better than this!Honey Badgerhttp://www.youtube.com/watch?v=4r7wHMg5Yjgnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-1550113061812326942014-01-17T10:30:08.372-05:002014-01-17T10:30:08.372-05:00Perhaps the door is still open for a truly anonymo...Perhaps the door is still open for a truly anonymous currency. Whatever fills that void will prosper. And it goes without saying that it will be a crypto-currency. I look forward to that day. BTW I don't buy all this "quantum computers will render encryption useless" bunk. I see it as a big bluff seeking to dissuade the masses from learning more about encryption and using it. gcdugashttps://www.blogger.com/profile/05891496227400676880noreply@blogger.com