tag:blogger.com,1999:blog-3758330678390419129.post7310641008329228831..comments2024-02-13T02:39:22.756-05:00Comments on EconomicPolicyJournal.com: The Irresponsible Jeff TuckerRobert Wenzelhttp://www.blogger.com/profile/14296920597416905488noreply@blogger.comBlogger12125tag:blogger.com,1999:blog-3758330678390419129.post-31203729279946434802013-12-06T12:36:05.800-05:002013-12-06T12:36:05.800-05:00Well, it's the end of the year and BTC is over...Well, it's the end of the year and BTC is over $1,000.<br /><br />Just sayin'Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-72534974828376592542013-04-01T08:18:20.065-04:002013-04-01T08:18:20.065-04:00Oh shit. Tucker has respond in a video. It isn'...Oh shit. Tucker has respond in a video. It isn't pretty: <br /><br />http://www.youtube.com/watch?v=k80nW6AOhTsMichael P. Shipleyhttps://www.blogger.com/profile/16644852477692001230noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-44399211873262707642013-03-31T03:56:29.753-04:002013-03-31T03:56:29.753-04:00LOL. Tucker's irresponsible, irresponsible, ir...LOL. Tucker's irresponsible, irresponsible, irresponsible ... speculation, bubble, gambling. <br />...<br />Invest 50% of your portfolio in nickels. <br /><br />LOLAnonymoushttps://www.blogger.com/profile/10943948998879082486noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-9113068763526869682013-03-31T03:30:01.701-04:002013-03-31T03:30:01.701-04:00I'm a novice as well, but isn't Bitcoin co...I'm a novice as well, but isn't Bitcoin consistent with monetary regression by virtue of exchanges? Its value is relative to fiat currency, which traces to monetized gold & silver, and to physical gold & silver. Whether it can ever function as "money" of course depends on it being universally accepted. I am concerned about the issue of supply - particularly about being Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-43084147841714900572013-03-31T03:12:59.150-04:002013-03-31T03:12:59.150-04:00What people forget about bitcoins is that in the e...What people forget about bitcoins is that in the event of a sudden down swing there is little to no exit...<br /><br />First you have to find someone who knows what they are, then you'll have to convince them why they want them when you're trying to jump out. <br /><br />I feel sorry for all those sacrificing their liquidity in the hype. If any real crisis were to occur then bitcoin, at Chrishttps://www.blogger.com/profile/17018718341065715200noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-2816039211130274652013-03-30T23:21:32.946-04:002013-03-30T23:21:32.946-04:00I think Jeff Tucker is joking about the bitcoin ma...I think Jeff Tucker is joking about the bitcoin mania. obviouly, those words are not mean for investment recommendation. <br />Jerryhttps://www.blogger.com/profile/15390741193030428786noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-90188604665924762152013-03-30T22:45:02.405-04:002013-03-30T22:45:02.405-04:00Why the fight? You both like Bitcoin. Tucker likes...Why the fight? You both like Bitcoin. Tucker likes it more than Wenzel. Just a wild guess, but I'll bet 10 libertarians in a room have ten opinions about the value of Bitcoin. Slow news day I guess.Martin McCannellhttps://www.blogger.com/profile/14133737650029397823noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-32853907620124683802013-03-30T22:09:07.243-04:002013-03-30T22:09:07.243-04:00I don't think Tucker's comment was irrespo...I don't think Tucker's comment was irresponsible. He clearly says that no one knows if Bitcoin is in a bubble. He's simply giving his opinion on what he thinks will happen with it. What do you expect him to say?Libertarian Newshttps://www.blogger.com/profile/09978065788530967251noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-32294756556695006162013-03-30T19:17:09.956-04:002013-03-30T19:17:09.956-04:00LOL! Yes. Something tangible like the dollar or go...LOL! Yes. Something tangible like the dollar or gold!?! Unless one wised up years ago and is already international with multiple passports, how many of you actually think that your gold and silver will not be confiscated when shit hits the fan??? Only those who already have their gold and silver in private storage will most likely be able to keep their money. For those who only have their "Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-12513571752222949302013-03-30T18:39:38.413-04:002013-03-30T18:39:38.413-04:00> If the internet were to go down
Then we have...> If the internet were to go down<br /><br />Then we have to start over with everything. The internet going down worldwide would imply that the electrical network that supports might also be damaged. That suggests a cataclysm of such proportions that losing Bitcoin would merely be a footnote to a larger tragedy.<br /><br />If the internet is up anywhere, Bitcoin will still work. That can'tAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-59587393377974642572013-03-30T17:02:03.429-04:002013-03-30T17:02:03.429-04:00Although bitcoins have certain positive uses, I am...Although bitcoins have certain positive uses, I am uncertain about there use as a real money. There is no tangibility with them. If the internet were to go down (a power failure, grid attack, massive DNS attack, etc.) then the owner is out in the cold and penniless. Understanding that the government could confiscate gold again, precious metals can't be beat on a black market or underground Anonymoushttps://www.blogger.com/profile/03191276599501111737noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-21740522862389584112013-03-30T17:00:32.426-04:002013-03-30T17:00:32.426-04:00I still don't understand why so many austrians...I still don't understand why so many austrians seem to favor bitcoins. Granted, i am somwhat a novice to austrian economics, but from what i understood it goes directly against the core of Mises' teachings. The fact that it is (pseudo-)anonymous or limited in supply (not accounting for the possible endless supply of similar schemes) means nothing. It is not, and will never be (in my CMURRAYRhttps://www.blogger.com/profile/17717067611491976947noreply@blogger.com