Moo Pig Wisdom is a brilliant combination of Antiquity and Prequel Modern Flea Market. We respectfully ask you to mind your children while here.

Monday, August 08, 2011

BBC News - Bitcoin: Can a virtual currency do away with banks?

Retrieved by Pat Darnell | August 8, 2011 | Bryan TX


[PHOTO LINK]
Listen to this Explanation HERE

Do you like playing games online? Well, you probably play for coins and that is the value you obtain, right? So, why not Bitcoin stashes for real.

BBC News - Bitcoin: Can a virtual currency do away with banks?: "Bitcoin is an electronic currency that can be traded directly on the internet, members don't even need to have a bank account."

Moldbug does a good job explaining this principle HERE:
" ... In any economy, there exists no less than one commodity or security of inelastic volume which is overvalued due to reservation demand. Ie: one scarce good which is money. ... "

_____________Reference
http://news.bbc.co.uk/2/hi/programmes/click_online/9555513.stm
http://unqualified-reservations.blogspot.com/2011/04/on-monetary-restandardization.html
http://fofoa.blogspot.com/2011/06/bitcoin-open-forum-part-3.html
*
*
*
Posted by at
Labels: , ,

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

Blog Archive

SUNDAY :: bishop FM 105.9 Auckland



[Go To SOURCE]

Gary Grainger LIVE BluesShow from Auckland, 6 to 8PM LondonTime .... you listen too.

DISCLAIMER

: It is PROHIBITED by law to use our service or the information it provides to make decisions about consumer credit, employment, insurance, tenant screening, or for any other purpose subject to the Fair Credit Reporting Act, 15 USC 1681 et seq. MooPig Wisdom does not provide consumer reports and is not a consumer reporting agency. The information available on our website may not be 100% accurate, complete, or up to date, so do not use this information as a substitute for your own due diligence, especially if you have concerns about a person’s criminal history. MooPig Wisdom does not make any representation or warranty about the accuracy of the information available through our website or about the character or integrity of the person about whom you inquire. So dip your balls in turpentine and get rid of your own fleas before calling me out.

Ask Someone Who Cares -- SUCH AS SUCH MULCH

To report any abusive, obscene, defamatory, racist,
homophobic or threatening comments, or anything that may violate any applicable laws, please click --ask_someone_who cares -- ASWC to report with pertinent details.

Anyone posting such material will be immediately mesquitte blackened over a very hot pit fire down at C and J's BBQ on Harvey-Elmo-Weedon Road, and permanently removed from all servers, its IP
owner will be locked in a small room with back issues of The ECONOMIST, and one scratchy re-mix 8-track tape of Steely Dan's first album...
IP addresses might be recorded to aid us in enforcing these conditions, that is if we cared.

A Fantastically Flawed Script for a Jazz Rock Opera -- "GAZA"

A Fantastically Flawed Script for a Jazz Rock Opera -- "GAZA"
GAZA by Pat Darnell for the Age of Attritionally Challenged

Email MooPigster Customers' Alert

http://www.youtube.com/watch?v=CywR3ouHKP4
If you receive this post via email, you notice it is mostly 'blank'.
We at MooPig Surmise, that at this point, one either says:
"WOW, I'm off the hook, and don't have to pay any attention to that pesky MooPig STUFF!!"
-- OR --
"Hey, where is it ...?"
The answer is: "IT IS A youTUBE presentation"... and you will now click on the http above to go see this modern miracle of technology.

MooPig Wisdom is Your Life-Line to Parody:
24\7 -- We accept all Calls from Contestants

MPW Unique Value Proposition, UVP
Shards of Evidence ... Opinion and Editorial ... We Blunderbuss indigestible Ersatz of Readers' and Writers' ... Explain Strategies of quasi-firms... and some not so quasi ... 110% Proof
One Only Advertisement Only One
Publisher of Satire ... Enemy to Bombast ... Very Swank ... More Fun to Write than to Read
MooPig Wisdom is online to provide spring board for writers.
MooPig is the Writers' Writer that encourages voice, content, and style. PD

Bill Gaines said it

Bill Gaines said it
"My staff and contributors create the magazine," declared Gaines. "What I create is the atmosphere."