Here's what the problem with money is

No, it isn't. Also, not everyone is using fiat currency.

hey have a look at these two playas and their "money stories"...
what do you think reading here...
do these playas sound like their gonna end with their "money stories" and tell us what money does when money is used sensibly?

Nah...those idiots don't have a clue do they...


see ya and...

remember players...other players are also reading here, it isn't just you and me...so...


Next time player that you read something on the internet that is nonsense, remember that you can ignore it...

and player, you can keep on ignoring nonsense, unless people forget that...

Money reduces the time and effort to trade…

as then... we are stuck with idiots wasting our time and effort, with their endless money stories...

Get it now player, or are you still wondering what to reply to me?


You didn't really think about it players, did you really?
Why?
Cause if you really think about it players, you will really understand...this is exactly why...

https://www.facebook.com/AlexandrosTsolis/
 
No. People use whatever currency they like. No government can change that.

they change that all the time.

they go to war to control what currency people use.

You have to pay your taxes in dollars.

You're wrong again, ace.


and the other shoe drops when you use fiat currency. It can be printed ad nauseum to control society any way the tyrant likes.
 
they change that all the time.

they go to war to control what currency people use.

You have to pay your taxes in dollars.

You're wrong again, ace.


and the other shoe drops when you use fiat currency. It can be printed ad nauseum to control society any way the tyrant likes.

So you pay taxes in dollars. Meh. As the value of the dollar falls, their revenue of wealth falls with it. A cash crash.
People will use whatever currency they want. No government can stop that. Shooting people isn't going to stop that either.
 
So you pay taxes in dollars. Meh. As the value of the dollar falls, their revenue of wealth falls with it. A cash crash.
People will use whatever currency they want. No government can stop that. Shooting people isn't going to stop that either.

No. you must pay taxes with dollars.

banks work on dollars.

when people evaluate bitcoin, they wanna know how many DOLLARS it's worth.

Tell your bank or your employer or the tax man you don't use dollars. see what happens.
 
No. you must pay taxes with dollars.
Fixation. I have already addressed this.
banks work on dollars.
No. Banks work in the currency of their choice.
when people evaluate bitcoin, they wanna know how many DOLLARS it's worth.
No. They want to know what it's worth in a local currency, whether it's yen, rubles, dollars, pesos, or even gold.
Tell your bank or your employer or the tax man you don't use dollars. see what happens.
I am the employer. I run my own business. I pay most of my employees in dollars because that's what they want. One prefers to be paid in Bitcoin. I have no problem with that.

Payroll accounting simply converts the value of Bitcoin at the time of payment to dollars for tax purposes. His taxes are his taxes. He gets to figure out the conversion to dollars for his taxes himself. Usually he gets a tax refund, which is paid in dollars, which he then converts to Bitcoin.

I also have a contractor that I pay in pesos. He doesn't pay U.S. taxes. All of his income is in Mexico.

It's time you look beyond the plastic curtain.
 
Fixation. I have already addressed this.

No. Banks work in the currency of their choice.

No. They want to know what it's worth in a local currency, whether it's yen, rubles, dollars, pesos, or even gold.

I am the employer. I run my own business. I pay most of my employees in dollars because that's what they want. One prefers to be paid in Bitcoin. I have no problem with that.

Payroll accounting simply converts the value of Bitcoin at the time of payment to dollars for tax purposes. His taxes are his taxes. He gets to figure out the conversion to dollars for his taxes himself. Usually he gets a tax refund, which is paid in dollars, which he then converts to Bitcoin.

I also have a contractor that I pay in pesos. He doesn't pay U.S. taxes. All of his income is in Mexico.

You haven't addressed shit.

you just keep saying dumb things.

They want dollars because they have to pay their bills and credit cards and taxes in dollars.

what are you trying to achieve with your idiocy?

or is it an end in itself?

and pesos. that's the legal tender in mexico.

legal tender is an actual thing, mayor mcfuckjob.
 
You haven't addressed shit.
Yes I have. Argument of the Stone fallacy.
you just keep saying dumb things.
Bulverism fallacy.
They want dollars because they have to pay their bills and credit cards and taxes in dollars.
Most do. Not all.
what are you trying to achieve with your idiocy?
Mantra 1a.
and pesos. that's the legal tender in mexico.
Mexico is a proper noun. It is capitalized. Yes, pesos are the legal tender in Mexico. I have already described what 'legal tender' is and where the term comes from. Semantics fallacy.
legal tender is an actual thing, mayor mcfuckjob.
Never said otherwise, mcfuckjob.
 
Yes I have. Argument of the Stone fallacy.

Bulverism fallacy.

Most do. Not all.

Mantra 1a.

Mexico is a proper noun. It is capitalized. Yes, pesos are the legal tender in Mexico. I have already described what 'legal tender' is and where the term comes from. Semantics fallacy.

Never said otherwise, mcfuckjob.

Oh.

cuz it seems like you don't believe legal tender is a thing.

"people use whatever they want"

no they fucking don't.

that's idiocy.
 
and if you think they should use anything they want, then you agree with me on barter. but you dont like that either.

I have no problem with barter. I even conduct certain transactions in barter.
For example, I pulled a stump for a neighbor for a case of Coke and tank of fuel for my tractor.
 
Ahh...look at all you players go here with all your "money stories"...when will your money stories really end players and you tell us what do you think money does, when money is used sensibly...geniuses..?


remember players...other players are also reading here, it isn't just you and me...so...


Next time player that you read something on the internet that is nonsense, remember that you can ignore it...

and player, you can keep on ignoring nonsense, unless people forget that...

Money reduces the time and effort to trade…

as then... we are stuck with idiots wasting our time and effort, with their endless money stories...

Get it now player, or are you still wondering what to reply to me?


You didn't really think about it players, did you really?
Why?
Cause if you really think about it players, you will really understand...this is exactly why...

https://www.facebook.com/AlexandrosTsolis/
 
I have noticed that people with very little money, are often complaining about how supposedly worthless money is. If money is so worthless and easy to come by, why do they have so little of it?

Let's say we go to the gold standard, and make money worth 100 times what it is now. And we are talking about making money worth 100 times what it is now, because the gold supply has not expanded to keep pace with the growth in production. That adjusts everyone down to 1% their previous wealth. The richer people will be able to adjust better, so it will be a massive gift to them. And the poor will get poorer.
 
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