Comment: what a bunch of keynesian law and econ. Krugmanomics

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what a bunch of keynesian law and econ. Krugmanomics

ideological bubbles also last until we remember what it is competing with the Dollar for.

the tulip bubble began with intrinsic value because it was a rare bulb. Once the rare bulb became profitably abundant demand encouraged price speculation which the market realized as overpriced without knowing too much currency was in supply. That is why the Bulbs costed 3,000 and 4,150 guilders (florins.

A non zero sum gain is based on creating equitable value to store wealth.. the store of wealth itself is intrinsic just like the bulbs value was separate from the market arbitrage of the bubble.

A zero sum game is defined by managing obligations of aggregate wealth until the market realizes each individual gain is zero, the function of virtual currency is to create an aggregate of wealth through mining supply, buying, and selling... then manage the obligations of producing VC until the market realizes each individual gain is zero.

This doesn't mean BTC can't last 100 years.. we have all seen Ponzi schemes do that, especially if FOREX remains a viable exchange to compete with. But BTC is not a store of wealth and intrinsic value always wins the price.

Your ideology is more akin to Keynes and Krugmans Pareto optimalities and Nash Equilibrium theorems for managing obligations in their malthusian world where every choice is an inequitable obligation... pah.

where is that austrian economist Silverbug Hayekian Mises loving libertarian in you.. BTC can't be that much of a bait and switch on our ideologue

ideological bubbles also last until we remember what it is competing with the Dollar for.

Whether you think you can or you can't, you're right. -Henry Ford