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by JauntTrooper 1374 days ago
I remember hearing similar economic arguments in 2006 - 2012 about gold and silver.

I often wonder if those same people moved into Bitcoin.

3 comments

When I saw the announcement of the release of the Bitcoin 0.3 client back on Slashdot in 2010, both the whitepaper and the comments (and who was making them) cemented my view as it being more of the "an-cap gold-buggery" that the site was rampant with. Basically the same people making the same arguments that they had over the Liberty Dollar a year previously following the arrest of its founders, and before that any time money came up as a topic i.e. fiat bad, gold good - which carried straight into fiat bad, gold good, Bitcoin best of all...

https://en.wikipedia.org/wiki/Liberty_dollar_(private_curren...

those people (where I was) also loudly predicted (and lost real-money bets) on the trading floor that Obama was definitely coming for our guns and that mass shootings were all false flag operations to justify seizure of personal firearms. The Venn diagram of gun nuts and gold bug - hard money types at many places I frequent was basically a circle.
Yes, they did.