RE: The Globalist Plan To Blame Bitcoin For Biblical Level Collapse In 2018 by dollarvigilante

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Viewing a response to: @kermodebear/re-dollarvigilante-the-globalist-plan-to-blame-bitcoin-for-biblical-level-collapse-in-2018-20171212t053234055z

· @dollarvigilante ·
$2.66
Great meaningless retort.  Care to share any info on why this is BS?  I thought so.
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@mexbit ·
$2.58
I guess he meant this ;)

*After its spectacular peak in 2018, Bitcoin crashes and limps into 2019 close to its fundamental β€œproduction cost” of $1,000."*

The production cost stuff is really bs... as the production cost follows the potential earnings always...
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@kermodebear · (edited)
Did you just upbraid me for not responding to your comment within the comment itself? Here's a couple things:

1) You don't understand debt and it's role in the economy. Not even a little bit. "Omg it's a large number!" What exactly do you think you're measuring? What is its causal mechanistic relation to the economy at large?

2) "Fiat cryptocurrency" What does this even mean? Why would it be necessary when the government already totally controls the US dollar?

3) Conspiracy theorizing about a government that leaks like a sieve and is barely functional at the strategic and tactical levels.

In conclusion, you are stupid and everybody who upvoted you is even stupider.
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@beyondhorizon ·
Shut the hell up, @kermodebear
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@kermodebear ·
Triggered?
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@geneeverett ·
$0.02
Respectfully u don’t seem to understand debt and money printing. Let me guess liberal arts degree ? πŸ‘
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@kermodebear ·
Wrong. My turn to guess: college dropout who hasn't taken anything past microecon and thinks they know anything at all because they watched some YouTube videos from Misses or Bastiat?
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@framelalife · (edited)
Really? We are even stupider? So, besides not making any good point or counter-argument, you berate other steemians who upvoted this post because you disagree with the OP.

Do you realize where you are at, what type of platform you are posting on?
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@kermodebear ·
Arguments get counterarguments. Nonsense econojargon babble gets ridicule. Jesus, you guys are fuckin snowflakes.
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