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

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

  1. Chinatown

    Chinatown Road Train Member

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  3. AModelCat

    AModelCat Road Train Member

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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."
     
  4. Chinatown

    Chinatown Road Train Member

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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
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  5. SmallPackage

    SmallPackage Road Train Member

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    Yes. We are turning into the “thunder dome” of Barter Town.
     
  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?
     
  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
     
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  8. JC1971

    JC1971 Road Train Member

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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.
     
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  9. MACK E-6

    MACK E-6 Moderator Staff Member

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    I don’t know squat about this “bitcoin” stuff, but isn’t there only so much of it?
     
  10. mjd4277

    mjd4277 Road Train Member

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    Two men enter,one man leaves...
    Two men enter,one man leaves...lol
     
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