rozzin: The most interesting thing about #bitcoin is how conversations about...
The most interesting thing about #bitcoin is how conversations about it reveal how confused people are about things like basic #economics.
View Article1g0r: That's because the so-called economic science spread the confusion... :)
That's because the so-called economic science spread the confusion... :)
View Articlerozzin: Someone on #radio recently criticised #bitcoin as `hard to obtain'...
Someone on #radio recently criticised #bitcoin as `hard to obtain' because, of the many people who had them, few wanted to sell to her.
View Articledouglasawh: @rozzin I'm sure they would sell at the right price
@rozzin I'm sure they would sell at the right price
View Articlerozzin: "Lots of people have cars, but when I approached them nobody wanted...
"Lots of people have cars, but when I approached them nobody wanted to sell theirs to me!" sounds crazy, right? But "... #bitcoin!" doesn't.
View Articlerozzin: #bitcoin #economics comprehension #FAIL #0: "How can things have...
#bitcoin #economics comprehension #FAIL #0: "How can things have value without fiat pricing!?". Like people have never bought... *anything*?
View Articlerozzin: I suspect that calling #bitcoin a "currency" is part of what messes...
I suspect that calling #bitcoin a "currency" is part of what messes with people's ability to reason about it.
View ArticleGeckoFawkes: @nymnotinservice It is an unfortunate reality of having to use a...
@nymnotinservice It is an unfortunate reality of having to use a close analog that everyone does understand in order to spread awareness. =\
View Articledouglasawh: @rozzin hmm, I suspect people being idiots is what messes with...
@rozzin hmm, I suspect people being idiots is what messes with people's ability to reason about it.
View Articlelnxw37: @rozzin @douglasawh In the sense that it gets used as a medium of...
@rozzin @douglasawh In the sense that it gets used as a medium of exchange, #bitcoin is a currency.
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