tag:blogger.com,1999:blog-3758330678390419129.post8799804500448499311..comments2024-02-13T02:39:22.756-05:00Comments on EconomicPolicyJournal.com: Hans Hoppe: Bitcoin Is Not MoneyRobert Wenzelhttp://www.blogger.com/profile/14296920597416905488noreply@blogger.comBlogger14125tag:blogger.com,1999:blog-3758330678390419129.post-26843527717424386602021-05-23T18:46:46.464-04:002021-05-23T18:46:46.464-04:00lol, so he's got the exact same position as Ko...lol, so he's got the exact same position as Konrad Graf. Got it.<br />https://youtu.be/HuTnafju6WUConzahttp://conza.tumblr.comnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-4336003279748928852013-11-18T07:18:16.450-05:002013-11-18T07:18:16.450-05:00the whole bitcoin process is open source, meaning ...the whole bitcoin process is open source, meaning unlimited amounts of "coins" with the exact same characteristics can be "mined". the only difference would be in name. bitcoin has the advantage of first to market, but if their price rises enough, greed and speculation will create secondary markets in the other "coins", eventually exposing the obvious flaw. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-59193449025030211532013-09-25T16:09:06.187-04:002013-09-25T16:09:06.187-04:00The scenario you suggest is impossible with bitcoi...The scenario you suggest is impossible with bitcoin. To "spend" a bitcoin, the transaction goes on the public Ledger, which tracks the origin of every bitcoin. All bitcoin are controlled through this public ledger which is controlled collectively by anyone running the software. Production of new bitcoin is difficult to explain, but every new bitcoin must be confirmed by the public Anonymoushttps://www.blogger.com/profile/16976909514996298677noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-12285337030971185482013-09-25T13:08:36.154-04:002013-09-25T13:08:36.154-04:00Bitcoins cannot be created arbitrarily or triviall...Bitcoins cannot be created arbitrarily or trivially. So, no, one cannot debase another's holding by simply "creating more". There is a control in the protocol that dictates how many bitcoins can be created over a period of time and this control is quite hardened - it is a feedback loop. If you create more, the mathematical solutions required to create them get more difficult. If Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-56935600118749257232013-09-25T13:04:29.793-04:002013-09-25T13:04:29.793-04:00Another view on whether bitcoin is money (Mises In...Another view on whether bitcoin is money (Mises Institute - released yesterday)<br />http://mises.ca/posts/blog/are-bitcoins-money/Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-70433389206534044052013-09-25T11:04:05.855-04:002013-09-25T11:04:05.855-04:00I'll keep letting you know that you are a douc...I'll keep letting you know that you are a douche when you don't publish my perfectly reasonable comments.<br /><br /> We need people that are looking for truth in the movement for Liberty. Not IP lovers who gladly use others' work all the time for content. Do you ask permission for the use every time? Let's pretend that you don't routinely publish 75% of an article before you D. Lawless Hardwarehttps://www.blogger.com/profile/10416599643576620796noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-5332000065355269042013-09-24T18:02:14.622-04:002013-09-24T18:02:14.622-04:00I guarantee you that none of the 10,000 merchants ...I guarantee you that none of the 10,000 merchants signed up to BitPay know who Hans Herman Hoppe is. They sell their goods for Bitcoin, and get cash in their bank accounts. They make a profit. Bitcoin is not theoretical, it is real and in use. The debate is over.<br /><br />These Austrian School people need to get up to speed with technology and adapt their theories to reality. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-10989777473419898042013-09-24T14:30:42.860-04:002013-09-24T14:30:42.860-04:00If people value Bitcoins as a currency and use it ...If people value Bitcoins as a currency and use it as such between others that also value it as currency, I am not sure how a third party who doesn't can tell them it isn't. HHH doesn't say why does he?Sandymounthttps://www.blogger.com/profile/00871848316953642107noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-56496273965803040592013-09-24T14:28:24.044-04:002013-09-24T14:28:24.044-04:00I am not sure how one man can tell another what is...I am not sure how one man can tell another what is or is not money. HHH may not think it is money to him but if other people think it is to them and deal with each other in Bitcoins as we might use dollars, how does it matter that another thinks it is not money because it doesn't fit some tidy set of parameters he wishes to attribute to money? Sandymounthttps://www.blogger.com/profile/00871848316953642107noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-27113471418179838212013-09-24T14:25:43.954-04:002013-09-24T14:25:43.954-04:00So your argument is that it's OK he uses other...So your argument is that it's OK he uses other people's intellectual property without their permission as long as he's nice about it? Who gets to decide what is nice or approved? Will those people have guns?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-70357687348429383822013-09-24T11:55:26.396-04:002013-09-24T11:55:26.396-04:00I'll wager that in a few years Hans will think...I'll wager that in a few years Hans will think differently.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-62864117977800089902013-09-24T11:22:26.462-04:002013-09-24T11:22:26.462-04:00My, my aren't the Kinsellette's sensitive....My, my aren't the Kinsellette's sensitive. You obviously haven't noticed that Wenzel usually cuts off a story at a point that drives traffic to the site he is linking from, so that a person will want to read the rest of the story and click through.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-36445705001380372202013-09-24T11:08:39.597-04:002013-09-24T11:08:39.597-04:00I find your smart aleck remark about IP to be amu...I find your smart aleck remark about IP to be amusing as you routinely repost entire articles on your site, or 75% of the article at least and then link over. Much more than just a teaser. You are using the article for content. Yet you try and pretend that you posting the Kinsella thing you are only doing because of his IP views?<br /><br />If you really believe what you are saying then I Derrickhttps://www.blogger.com/profile/04281860913988232635noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-45417982720334812932013-09-24T10:58:58.791-04:002013-09-24T10:58:58.791-04:00I guess that some people like the "idea"...I guess that some people like the "idea" of money, that can't as easily be taken by others, even if it's not tied to a commodity, among other properties in difference to commodity based money.<br /><br />It's too much a leap for me personally(for the moment, I might change my mind), but I don't begrudge those trying to make it work.<br /><br />That's why I find Nick Badalamentihttps://www.blogger.com/profile/14015961786370759940noreply@blogger.com