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Originally Posted by jamesqf
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Originally Posted by redpoint5
I just fundamentally am against zero-sum systems like the stock market. For you to gain money, someone has to lose, or the perceived value of the company has to perpetually increase.
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But the stock market is not a zero-sum game. Even if stocks never change in value, they still pay dividends. And stocks do increase in value when their companies do more business and increase their markets. |
Originally, the stock market was a mechanism to unload risk onto small investors.
But then, derivatives markets emerged and now people sit around and bet on whether someone will eventually lift a finger.
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Originally Posted by jamesqf
Why do you think everyone would move to an e-currency? That's like expecting everyone to give up cash in favor of debit cards. And the anonymous part seems a bit of a stretch...
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Forget about currency and store of value. Those are side effects. Think in terms of consensus without trust and programmable money.
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Originally Posted by Old Tele man
Our BIG BROTHERS: CIA, FPI and NSA.
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The CIA and NSA are in a struggle to the death. Right now an anon name Q Clearance is burning up 4chan/pol. It's an amazing time to be alive.
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Originally Posted by redpoint5
I feel that anonymity is overall a bad thing when all things are considered, so perhaps transactions will be traceable between parties.
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As they are. Anonymity is extremely important but needs to be balanced by authentication. Blockchain transactions are pseudonymous, based on authentication.