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Sep 27 2012 06:27pm
Quote (deficerico @ Sep 27 2012 07:33pm)
As is a $20 Bill.
It's a slip of paper, it has no real value, we give value to it.
Just because it's not a physical object doesn't mean it is any less real than that $20 bill, we give the fg value.
any currency is merely a concept thatis agreed upon, the difference is that irl currency is globally regulated
every time someone buys fg from paul the rest of it in circulation goes down in value
its equivilent to printing more money for debt owed, which never works out(see Zimbabwe currency)
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Sep 27 2012 08:34pm
Quote (TerrapinStation @ Sep 27 2012 08:27pm)
any currency is merely a concept thatis agreed upon, the difference is that irl currency is globally regulated
every time someone buys fg from paul the rest of it in circulation goes down in value
its equivilent to printing more money for debt owed, which never works out(see Zimbabwe currency)


My friend purchased a 1 billion dollar Zimbabwe note for like 10 bucks, lol.
The joys of rampant inflation.
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Sep 27 2012 09:52pm
all in vs zimbabwe irlbux.

pst.

e: will combine fg w/ condor to double investment. lmk if interested.

This post was edited by nerobellum on Sep 27 2012 09:53pm
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Sep 29 2012 12:47pm
Quote (nerobellum @ Sep 27 2012 08:52pm)
all in vs zimbabwe irlbux.

pst.

e: will combine fg w/ condor to double investment. lmk if interested.


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