Message from @Ferris

Discord ID: 599068354291957780


2019-07-12 02:40:40 UTC  

Like MMORPG currency?

2019-07-12 02:40:40 UTC  

One might even argue doesn't make crypto any less *real*, even.

2019-07-12 02:40:41 UTC  

exactly

2019-07-12 02:40:54 UTC  

well go digital eventually whether we like it or not

2019-07-12 02:41:27 UTC  

I still plan to buy gold with my superannuation fund

2019-07-12 02:41:29 UTC  

And even USD is "stored" in digital at this point .

2019-07-12 02:41:41 UTC  

med, that's a shit comparison, in game currencies are locked in game, it cant really function as real currency

2019-07-12 02:41:48 UTC  

i mean maybe eve

2019-07-12 02:41:52 UTC  

but other than that

2019-07-12 02:42:06 UTC  

(and that's only because eve people are cray)

2019-07-12 02:42:14 UTC  

True 🤣🤣

2019-07-12 02:42:15 UTC  

People sell MMORPG currencies all the time

2019-07-12 02:42:16 UTC  

im still just pissed that a bunch of people drove up prices for already expensive gfx cards and the prices STILL havent dropped despite the the mining fad stopping a year or so ago

2019-07-12 02:42:22 UTC  

Woo! EVE!

2019-07-12 02:42:24 UTC  

From farmers

2019-07-12 02:42:31 UTC  

Sound familiar?

2019-07-12 02:43:11 UTC  

nah, it's not the same, the supply of those is not limited, and it's accounting is not crowd sourced

2019-07-12 02:43:17 UTC  

@Ferris Real Money Traders are a big problem in MMOs.

2019-07-12 02:43:19 UTC  

it lacked all the important features

2019-07-12 02:43:33 UTC  

Yet they can just create another one

2019-07-12 02:43:45 UTC  

and why would they impact existing ones?

2019-07-12 02:43:49 UTC  

It's not finite

2019-07-12 02:44:15 UTC  

Well, time is a constricting matter.

2019-07-12 02:44:29 UTC  

Because it's a new one and everyone wants to get the newest one while they're cheap

2019-07-12 02:44:30 UTC  

you are saying the creation of another currency would inflate all other currencies?

2019-07-12 02:44:45 UTC  

I'll probably be dead or close to dead by the time we go all digital tbh it'll be awhile.

2019-07-12 02:44:48 UTC  

It does inflate all other currencies

2019-07-12 02:45:13 UTC  

@SageTheory Sooner than you appear to think.

2019-07-12 02:45:26 UTC  

Singularity, soon.

2019-07-12 02:45:27 UTC  

so china printing more money inflates USD?

2019-07-12 02:46:02 UTC  

Making more crypto devalues the rest

2019-07-12 02:46:07 UTC  

SargonCoin when

2019-07-12 02:46:25 UTC  

It's like if there was a surplus of gold

2019-07-12 02:46:26 UTC  

I think Medeyer is aiming at crypto, specifically.

2019-07-12 02:47:03 UTC  

Doesn't matter which mint the gold coins come out of, the increase devalues the whole

2019-07-12 02:47:30 UTC  

So what is all the currency in circulation just going to get sucked up and burned somewhere in the next 10-20 years?

2019-07-12 02:47:42 UTC  

lol

2019-07-12 02:47:51 UTC  

What?

2019-07-12 02:48:20 UTC  

Cash isn't going anywhere anytime soon especially when gov'ts keep printing them.

2019-07-12 02:48:26 UTC  

It's gonna not matter after a certain point.

2019-07-12 02:48:35 UTC  

Cash as a concept isn't gonna go.