Viewing a response to: @talltim/re-krishool-re-talltim-re-rogerkver-can-bitcoin-scale-on-today-s-computers-do-we-need-2nd-layer-solutions-to-compete-with-visa-20180711t211421008z
I have seen nothing that would lead me to believe that Roger is a Keynesian. If your evidence is Song's recent video, then you just don't have much of an argument. Song might be a great technical guy, but he seems to misunderstand Keynes and/or Roger. As usual, the BTC supporters seem to be low on economics knowledge. The video is on Youtube if anyone is interested.
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author | phamnuwen |
permlink | re-talltim-re-krishool-re-talltim-re-rogerkver-can-bitcoin-scale-on-today-s-computers-do-we-need-2nd-layer-solutions-to-compete-with-visa-20180712t012051057z |
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Oh look, another Cashie spouting off with no references, citations, or any kind of in-depth description. Its just "wrong". *Suuuuuuure* Cashie, sure. For the smarter among you, here's the video the Cashie doesn't understand: https://www.youtube.com/watch?v=5gMlldJ6myA
post_id | 56,252,653 |
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author | talltim |
permlink | re-phamnuwen-re-talltim-re-krishool-re-talltim-re-rogerkver-can-bitcoin-scale-on-today-s-computers-do-we-need-2nd-layer-solutions-to-compete-with-visa-20180712t013517101z |
category | cryptocurrency |
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Yes, that's the video. It makes my point (for anyone who has the most basic knowledge of Keynes' theories). I thought this was obvious. If it wasn't: Mr. Song is conflating currency debasement as a means to spur spending (Keynes) with currency being useful in commerce. Roger has (to my knowledge) never supported "forcing" people to spend. He just wants people to have that option. A crypto with only SOV and no MOE is not going to work. People will just move their funds to cryptos that have both qualities.
post_id | 56,295,539 |
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author | phamnuwen |
permlink | re-talltim-re-phamnuwen-re-talltim-re-krishool-re-talltim-re-rogerkver-can-bitcoin-scale-on-today-s-computers-do-we-need-2nd-layer-solutions-to-compete-with-visa-20180712t113324578z |
category | cryptocurrency |
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Again, Cashies seem to have trouble isolating important concepts. In the video, Jimmy immediately defines why he is posting it: >Roger Ver says that everyone should use Bitcoin as a means of exchange, or else it is worthless *(In the same point, talking about Roger Ver)* >You need to use it, even if you don't want to because it helps the economy - just like central governments do This is precisely what he's talking about - Roger espouses this notion that you NEED to spend, or else it isn't worth anything. That is a **KEYNESIAN** strategy -- centered around spending to boost economic growth. But again, I'm arguing with a Cashie that doesn't care what Roger says, as long as it aligns with the view that Bitcoin is "bad" and your alt-fork is somehow the answer. It isn't, and from every metric I can see -- a majority agree with me.
post_id | 56,356,104 |
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author | talltim |
permlink | re-phamnuwen-re-talltim-re-phamnuwen-re-talltim-re-krishool-re-talltim-re-rogerkver-can-bitcoin-scale-on-today-s-computers-do-we-need-2nd-layer-solutions-to-compete-with-visa-20180712t234008415z |
category | cryptocurrency |
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