Nordic Model in a nutshell
Fuel in that generator is running out.
Check out txstreet now. The slightest pump in price causes severe congestion on the BTC side. Fees are up 50% since yesterday.
I can't tell if this topic is a joke. Either way I love it lol.
Ludwig von Mises .....OR..... Karl Marx?
| Mises |
3 votes
· 0 satoshis
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| Marx |
2 votes
· 0 satoshis
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Results
Creating...
Broadcasting...
How would one go about implementing cryptocurrency functionality (such as using BCH to trade in-game items) through game engines such as Unity? Any guides?
Isn't Roger Ver working on a free city? think last I heard he was trying to purchase land from a country
Yep, at
https://www.freesociety.com/. They're trying to purchase sovereign land from different governments. Reportedly, it's going well, but their lawyers won't give specifics.
Not sure what Norway does. just commenting there is a free city effort happening there.
Awesome to hear about these different Liberty-oriented projects around the world. I think they'll really gain headway once the Nordic model proves to be inefficient over time.
Doesn't Norway use taxpayer dollars to invest in American companies? The Nordic model doesn't sound very self-sufficient.
But HaTeSpeEcH isNt FrEe SpEeCh!!
Think a loan, a promise to pay BTC in this amount of time. Its not money, but it is DEBT. They did not print anything but created 1 BTC worth of debt through the loan.
Whoever purchases the debt (you're referring to trading debt) assume the risk of the loan defaulting. You couldn't use these contracts to purchase goods. Only to cash in on the debtor.
Bitcoin as money wont break the bankers debt money system, Tokens ontop of bitcoin will through self issued credit.
Wouldn't the free market decide the value of these tokens in Bitcoin?
No, the bank would collect Charlie and Bob Houses from the default on the 1 BTC. They didn't print money, they created Debt money contracts. They did this with Gold for centurys.
Debt money contracts are bank notes. Good luck getting someone to accept a Bitcoin bank note, when it offers no more convenience over using BTC. People wouldn't trust it.
And then when depositors withdrew the money proper, bye-bye bank.
Nobody would trust a Fiat note backed by BTC. Nobody would accept the debt money.
This is simple lending. :) John lends to charlie then charlie lends to bob. 1 BTC has created 2 BTC's worth of Debt Contracts that need to be paid on time. This is Debt money.
And then when depositors withdrew the money proper, bye-bye bank.
Banker understand this. The single BTC can be re-loaned multiple times. John to charlie to mike then frank. 1 BTC passed hands in the loan but created 3 BTCs worth of Debt.
Banks would have to print notes (which no one would trust) that say they are worth one BTC.
And if a depositor at the bank tried to withdraw the one BTC, the bank would be insolvent.
Banks don't like comodities. It restricts their liberal credit practices.
People always account for financial profit but often times forget about psychic profit.
You can check out their Dev portal here:
I'm interested in understanding how they drive adoption. This should be on everyone's mind basically.
You can check out their Dev portal here:
I'm interested in understanding how they drive adoption. This should be on everyone's mind basically.
Personally, I got interested in the project after hearing many consecutive partnerships with reputable companies such as Bosche. I imagine many others got invovled this way.
