@BryceWeiner @CryptoDough I know it works now it must works as an end to end economy built from the ground up as the fiat system has been
Updates from March, 2014 Toggle Comment Threads | Keyboard Shortcuts
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Kazonomics
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Kazonomics
@BryceWeiner @CryptoDough @CryptoBruce @knowbitcoin @TheFateofBTC @FakeEStott but interprets it in his or her own way each
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Kazonomics
@BryceWeiner @CryptoBruce @knowbitcoin @TheFateofBTC @FakeEStott perception is reality so perception is everything
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Kazonomics
@BryceWeiner @CryptoBruce @knowbitcoin @TheFateofBTC @FakeEStott a circular argument cannot exist in the 1st place so that can’t be true;)
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Kazonomics
RT @CryptoDough: @kazonomics @knowbitcoin @BryceWeiner @TheFateofBTC @FakeEStott What he said. Until I can buy milk eggs and bread w btc, f…
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Kazonomics
@CryptoBruce @BryceWeiner @knowbitcoin @TheFateofBTC @FakeEStott that depends would gold be worthless if I held every single oz?
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Kazonomics
@CryptoBruce @BryceWeiner @knowbitcoin @TheFateofBTC @FakeEStott scarcity implies desirability doesn’t it?
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Kazonomics
@CryptoBruce @BryceWeiner @knowbitcoin @TheFateofBTC @FakeEStott value is derived from scarcity utility very simple
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Kazonomics
@BryceWeiner @FakeEStott @TheFateofBTC crypto is a great hedge against fiat never ending inflation due to it’s finite structure
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Kazonomics
@knowbitcoin @BryceWeiner @TheFateofBTC @FakeEStott not end to end..doctors, farmers, lawyers, PC makers, homes, etc
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Kazonomics
RT @knowbitcoin: @kazonomics @BryceWeiner @TheFateofBTC @FakeEStott Good point but that will change with maturation of BTC
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Kazonomics
@knowbitcoin @BryceWeiner @TheFateofBTC @FakeEStott correct when n internally driven BTC/crypto economy exist I agree
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Kazonomics
@FakeEStott @BryceWeiner @TheFateofBTC almost it’s value exists already that’s math…inflated medium vs finite = adjust of price in fiat
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Kazonomics
@BryceWeiner @TheFateofBTC @FakeEStott right..it’s not till it’s use to measure unit value in items in fiat..including the rig that mined it
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Kazonomics
@knowbitcoin @BryceWeiner @TheFateofBTC @FakeEStott it’s a lack of crypto infrastructure that will tie BTC to the fiat world valuations
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Kazonomics
@knowbitcoin @BryceWeiner @TheFateofBTC @FakeEStott until the labor is forced to redeem those bitcoins for something produced outside BTC
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Kazonomics
RT @Vlad_Roberto: @BryceWeiner @InsaneDumps @kazonomics @TheFateofBTC @FakeEStott Reality in that greed is REAL, yes, & the #Crypto bubbl…
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Kazonomics
@BryceWeiner @TheFateofBTC @FakeEStott price is how much fiat for that 1oz at this moment in time…a reflection of fiat supply not value
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Kazonomics
@BryceWeiner @TheFateofBTC @FakeEStott 1oz gold 2000 yrs ago buys a man 1 fine garb,belt,sandals today 1pimp suite, belt,dope shoes->value
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Kazonomics
@BryceWeiner @TheFateofBTC @FakeEStott value n price are not the same
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Kazonomics
RT @knowbitcoin: @jebus911 @BryceWeiner @kazonomics I enjoyed that convo. Well done fellas.
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Kazonomics
@BryceWeiner @TheFateofBTC @FakeEStott producing crypto in a fiat system n connecting via exchange for fiat goods produced causes value link
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Kazonomics
@BryceWeiner @TheFateofBTC @FakeEStott no valuation is based on barter but in fiat economy represented by medium of exchange 1/2
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Kazonomics
RT @MaxMoyle: @kazonomics @AltcoinAce It’s not what you say.. it’s how you say it 😉
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Kazonomics
@MaxMoyle @AltcoinAce swagadelic
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Kazonomics
@TheFateofBTC @FakeEStott @BryceWeiner should it be end to end crypto valuation will be against goods n service exchange-ability
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Kazonomics
@TheFateofBTC @FakeEStott @BryceWeiner BTC derives valuation from fiat, it’s being used in fiat system which is primary medium of exchange
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Kazonomics
@AltcoinAce yah I’ve seen that lol..best part was “your beauty is a depreciating asset” dare you to tell a chick that
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Kazonomics
RT @FakeEStott: @BryceWeiner @kazonomics @TheFateofBTC My mind just exploded and loads of quantum foam came out my eyes.
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Kazonomics
@FakeEStott @BryceWeiner @TheFateofBTC remarkably disturbing imagery
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Kazonomics
@TheFateofBTC @FakeEStott @BryceWeiner correction credit is fiat and derived from it…that’s the magic trick there really isn’t any money!
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Kazonomics
@BryceWeiner @TheFateofBTC @FakeEStott u fucking serious!?! Everytime I think I know wtf is going on Bryce turns it up a notch,quantum wtf?
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Kazonomics
@TheFateofBTC @FakeEStott @BryceWeiner crypto must be a nation contained within who can exchanges goods with a foreign fiat economy…
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Kazonomics
@TheFateofBTC @FakeEStott @BryceWeiner better analogy: like a foreign country who’s economy is developed with their home currency..so2crypto
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Kazonomics
RT @AltcoinAce: @kazonomics @BryceWeiner @FakeEStott @TheFateofBTC there is no escape
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Kazonomics
@BryceWeiner @FakeEStott @TheFateofBTC that too our currency “legal tender” is written in law which is a huge part of the issue
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Kazonomics
@FakeEStott @TheFateofBTC @BryceWeiner don’t think so..crypto must emerge without fiat infrastructure to be separate like a breakaway colony
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Kazonomics
@TheFateofBTC @BryceWeiner @FakeEStott @jebus911@BitcoinPaul destory & rebuild it crypto @ inception all goods & services produced/purchased
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Kazonomics
RT @FakeEStott: @kazonomics @BryceWeiner @iamslush1 @jebus911 I’ll stick with the Brykaz theories from now on then haha (see what I did the…
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Kazonomics
@BryceWeiner @TheFateofBTC @FakeEStott @jebus911 @BitcoinPaul what it would take to create an end to end true crypto economy no fiat?
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