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World’s richest man Elon Musk wants to be paid in bitcoin

Discussion in 'Other News' started by Chinatown, Jan 10, 2021.

  1. Jan 10, 2021 #1
    Chinatown

    Chinatown Road Train Member

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    Henderson, NV & Orient
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    Chinatown, Jan 10, 2021
    Chinatown, Jan 10, 2021
    #1
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  3. Jan 10, 2021 #2
    AModelCat

    AModelCat Road Train Member

    27,729
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    Jul 7, 2015
    Canuckistan
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    With cash being gradually phased out I bet the barter system makes a comeback.

    "Hey friendly neighbourhood backyard mechanic. I'll plow your driveway and yard if you service my truck for me."
     
    AModelCat, Jan 10, 2021
    AModelCat, Jan 10, 2021
    #2
    mjd4277, MACK E-6, bzinger and 1 other person Thank this.
  4. Jan 11, 2021 #3
    buzzarddriver

    buzzarddriver Road Train Member

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    Dallas, TX
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    buzzarddriver, Jan 11, 2021
    buzzarddriver, Jan 11, 2021
    #3
    JC1971 Thanks this.
  5. Jan 11, 2021 #4
    Chinatown

    Chinatown Road Train Member

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    Henderson, NV & Orient
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    First time I read about that, I was thinking; "Is this for real?" A good read. I read about the Dutch Tulip bubble years before Bitcoin though. That crash was in 1637.
    Thanks for posting that Irish Times story 'buzzarddriver."
     
    Last edited: Jan 11, 2021
    Chinatown, Jan 11, 2021
    Chinatown, Jan 11, 2021
    #4
    buzzarddriver Thanks this.
  7. Jan 11, 2021 #5
    SmallPackage

    SmallPackage Road Train Member

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    Marion Texas
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    Yes. We are turning into the “thunder dome” of Barter Town.
     
    SmallPackage, Jan 11, 2021
    SmallPackage, Jan 11, 2021
    #5
  8. Jan 12, 2021 #6
    buzzarddriver

    buzzarddriver Road Train Member

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    I will say it is one thing that the US Dollar is no longer backed by a physical item, ie GOLD or SILVER, but it is at least backed by the US GDP and unless there is a massive collapse of the US business structure, i think it will remain strong.
    BitCoin is more like Monopoly money or Movie money. It has no intrinsic value because it is only based on a mathematical equation. More likely to fail rather than the US economy.
    And how do you buy a candy bar with BitCoin?
     
    buzzarddriver, Jan 12, 2021
    buzzarddriver, Jan 12, 2021
    #6
  9. Jan 12, 2021 #7
    Quackomatic 6000

    Quackomatic 6000 Bobtail Member

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    They're planning a nationwide covid lockdown and not letting anything reopen until it meets some ridiculous environmental requirements. They're calling it "the great reset".

    Great Reset - Wikipedia
     
    Quackomatic 6000, Jan 12, 2021
    Quackomatic 6000, Jan 12, 2021
    #7
    SmallPackage and JC1971 Thank this.
  10. Jan 12, 2021 #8
    JC1971

    JC1971 Road Train Member

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    L.A.
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    There's no way this wasn't all planned using the Covid. The fact that it is being implemented using deception let's me know this won't be a nice and friendly system of government.
     
    JC1971, Jan 12, 2021
    JC1971, Jan 12, 2021
    #8
    Quackomatic 6000 Thanks this.
  11. Jan 12, 2021 #9
    MACK E-6

    MACK E-6 Moderator Staff Member

    46,081
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    Sep 19, 2005
    Baltimore, MD
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    I don’t know squat about this “bitcoin” stuff, but isn’t there only so much of it?
     
    MACK E-6, Jan 12, 2021
    MACK E-6, Jan 12, 2021
    #9
  12. Jan 13, 2021 #10
    mjd4277

    mjd4277 Road Train Member

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    Two men enter,one man leaves...
    Two men enter,one man leaves...lol
     
    mjd4277, Jan 13, 2021
    mjd4277, Jan 13, 2021
    #10
    Wasted Thyme Thanks this.
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