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BA Deere
Honored Advisor

Re: Token Economy, Blockchain Agriculture

Yeah K-289, the way I see it there`s been about 3 gimmicks that allow us to keep pulling rabbits out of hats.  First creation of Federal Reserve/taking us of gold standard, second fractional banking and most recently 0% interest rates toying with negative rates.   Next logical step will be a block chain/reversible mortgage scheme to tap into value of your home and other items of value.   There is so much money out there and this "tulip mania" is perpetual, Miami beach is so packed by under-employed that you can`t tell if you`re on a beach or if there`s a ocean in the vicinity.

N Korea Goes Ballistic | Suez Schadenfreude - OZY | A Modern Media Company

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BA Deere
Honored Advisor

Re: Token Economy, Blockchain Agriculture

Here`s a pretty good Saturday Night Live skit on NFTs  Smiley Happy

https://www.youtube.com/watch?v=mrNOYudaMAc   

SNL's NFT Sketch Is Now an NFT Up for Bid as Art Imitates Art Imitating  Art... - CoinDesk

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musaib112
Friend

Re: Token Economy, Blockchain Agriculture


@BA Deere wrote:

Here`s a pretty good Saturday Night Live skit on NFTs  Smiley Happy

https://www.youtube.com/watch?v=mrNOYudaMAc   

SNL's NFT Sketch Is Now an NFT Up for Bid as Art Imitates Art Imitating  Art... - CoinDesk


 

 

that was a good skit. although here's not where to post skits. But thanks

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steverunionotz1
Visitor

Re: Token Economy, Blockchain Agriculture

Selling something for bitcoins, you risk losing a lot of money. Bitcoin does not give any stability; just imagine today you sell land for ten bitcoins( that is, about $ 600,000), and tomorrow Elon Musk says that he no longer sells cars for bitcoins the rate drops by 10 percent, you lose $ 60,000 a first day. To be honest, I am a real fan of cryptocurrencies; thanks to cryptocurrency, I earned a tidy sum, my home wardrobe is full of things from this store http://bitgeeky.io, and I hope that cryptocurrencies will find stability in the future. But because of the instability, people who are not afraid to take risks can make money.

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bruce MN
Advisor

One economist (roundly hated here) sort of...

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sw363535
Honored Advisor

Re: One economist (roundly hated here) sort of...

The picture of adult children splitting their beanie babies in divorce court is so perfect for todays self appointed wisdom.

Computer modeling comes to mind--- a far better scheme.

 

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