BitCoin also makes the next fundamental design mistake of money, making it an unredeemable token of exchange subject to speculation. It is designed for pump-and-dump volatility. New Keynesian economist Paul Krugman also criticizes bitcoins in his blog titled Golden Cyberfetters where he writes, While I was on tour in western Canada recently, I had occasion to meet Paul Grignon, creator of the excellent videos, Money as Debt I and II. Paul came to my presentation on Salt Spring Island and brought with him a new short video called The Essence of Money, a Medieval Tale.In less than eight minutes, this video explains as well as anything I’ve seen how simple and effective a community ... All Bitcoin News. All Bitcoin discussion. All the time. BitcoinAll. jump to content. my subreddits. edit subscriptions. popular-all-random-users AskReddit-news-funny-pics-aww-todayilearned-tifu-gaming-mildlyinteresting-worldnews-gifs-videos-Showerthoughts-movies-Jokes-science-explainlikeimfive-OldSchoolCool -photoshopbattles-Futurology-space-personalfinance-askscience-IAmA-TwoXChromosomes ... Paul Grignon, author of Money as Debt, described his take on the idea as a Digital Coin back in 2009. A part of the system, called Perpetual Coin, would initially be issued based on a value of a ... Bitcoin and all such coin-model cryptocurrencies are theft by Paul Grignon, creator of the Money as Debt Trilogy Nov. 4, 2019 Most of us understand the basic principles of fairness. If four people contributed equally to making a pie, would they welcome a fifth claim on the pie from an outsider who contributed nothing? Of course not. Why should they? But when it comes to cryptocurrency, both ...
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Link web: https://goo.gl/SrThLc New coin help you can earn money and bitcoin - Only register and get bonus 100 coin - When it can convert - you can earn 0.1 bitcoin. Good earn free coin and bitcoin. This chapter from Money as Debt 3 explores the dominant idea that money must be a thing-in-itself in limited supply. Skip navigation To be able to exchange our Production is the reason we need money and therefore our Production should be the direct source of money. In the current system we... Starring Mr. Kenyon Made by Luke P. Radel for Global I.