Remember kids...
the price doesn't matter,
bad news doesn't matter,
China doesn't matter.
Nothing matters in BTCland other than pictures of honey badgers and walls of text proclaiming the NWO.
BillyJoeAllenRedneck firefighter who can't spell his own home state correctly
And of course even those with an education are wrong, wrong, wrong.
So, make sure to keep buying BTC with your credit card...if Cletus here says its good, why worry.
the price doesn't matter,
bad news doesn't matter,
China doesn't matter.
Nothing matters in BTCland other than pictures of honey badgers and walls of text proclaiming the NWO.
Quote
Lemme save you the time. He says that money only has value because we believe it has value. I suppose that's true in a certain context but useless. Economics professors (he's a prof) only have value because we believe they have value also. What determines MARKET value for anything is supply and demand and what determines the value of something to an individual is marginal utility. Any Econ Prof worth his salt will tell you that the first week of Econ 101.
And of course even those with an education are wrong, wrong, wrong.
So, make sure to keep buying BTC with your credit card...if Cletus here says its good, why worry.
Yanis Varoufakis admits he's a Marxist, which means he's still clinging to the thoroughly discredited Labor Theory of Value when it was replaced by Marginal Utility by all non-Marxist economists about a century ago.
Certain people seem to put an exorbitant amount of effort into discrediting me. Why? I'm a nobody from nowhere. What is it that I am saying that is so dangerous that it requires these ad hominem attacks?
Beware the short squeeze boys and girls. It's coming.
I think it's likely we can start to see a squeeze very soon