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AtheistCrusader

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36. That was the poster's point.

Reply to 2banon (Reply #31)

Thu Dec 5, 2013, 02:35 AM

Dec 2013

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Greenspan Says Bitcoin a Bubble Without Intrinsic Currency Value [View all] Redfairen Dec 2013 OP

Holy shit, my irony meter just detonated. AtheistCrusader Dec 2013 #1

Doubly so, since the bitcoin "community" is full of Randite libertarians cemaphonic Dec 2013 #15

yeah, well so is Greenspan. An absolute Ayan Rand sycophant 2banon Dec 2013 #31

That was the poster's point. AtheistCrusader Dec 2013 #36

gotcha, thanks 2banon Dec 2013 #37

Happens to all of us. AtheistCrusader Dec 2013 #40

Exactly. AtheistCrusader Dec 2013 #35

just technically retired, but Greenspit is their Guru 2banon Dec 2013 #30

Hey Greeny,...you're describing the Stock Market. Spitfire of ATJ Dec 2013 #2

And dollar bills Treant Dec 2013 #6

So,...should I can my money? Spitfire of ATJ Dec 2013 #7

Of course not Treant Dec 2013 #13

Phew,...for a minute there I was picturing trying to drive with a glass jar in my back pocket. Spitfire of ATJ Dec 2013 #16

He may as well be discussing cowrie shells . . . hatrack Dec 2013 #18

Not to go off on a rant here Treant Dec 2013 #20

Speaking of gold... CoffeeCat Dec 2013 #32

Lots of economies have collapsed throughout history Art_from_Ark Dec 2013 #42

There are also lots of worthless currencies from countries that still exist Art_from_Ark Dec 2013 #41

Try this thought experiment hugo_from_TN Dec 2013 #9

Dollars, of course Treant Dec 2013 #10

Currency is basically an agreement backed by the law LuvLoogie Dec 2013 #29

IMO, you won the thread. freshwest Dec 2013 #48

Stocks have no intrinsic value!? hugo_from_TN Dec 2013 #8

None Treant Dec 2013 #11

You can say the same thing about any equity investment, including your home Major Nikon Dec 2013 #50

Nope. All they do is list the number of shares.... Spitfire of ATJ Dec 2013 #14

They don't even make that wallpaper anymore Art_from_Ark Dec 2013 #43

I know,...but they were really impressive in their day.... Spitfire of ATJ Dec 2013 #44

I don't know about stocks Mnpaul Dec 2013 #22

And the fake real estate market cosmicone Dec 2013 #21

Considering the Teabaggers have tried their best to destroy SwankyXomb Dec 2013 #3

Yeah but... happyfunball Dec 2013 #4

Heck, we have regular banks to launder those monies! villager Dec 2013 #5

Drive down the price... SoLeftIAmRight Dec 2013 #12

. Jesus Malverde Dec 2013 #17

And Greenspan's solution to the housing bubble was to burn down the unsold houses. longship Dec 2013 #19

So is the US Dollar or the Euro or the Yuan, etc. Fearless Dec 2013 #23

Bitcoin is nothing backed by no one. At least with a stock pnwmom Dec 2013 #24

How the fuck would he know? Lasher Dec 2013 #25

NOW he recognizes a bubble when he sees one? displacedtexan Dec 2013 #26

Greenspan was the frickin Grand Marshall of the housing bubble parade... CoffeeCat Dec 2013 #33

Bitcoin Looks Like A New Form Of DallasNE Dec 2013 #27

That's pretty funny.. sendero Dec 2013 #28

I'll tell you what is without intrinsic value tularetom Dec 2013 #34

I remember the bitcoin market a few years back when... Locut0s Dec 2013 #38

Guffaw. nt bemildred Dec 2013 #39

Electric sale: Someone used bitcoins to buy a Tesla IDemo Dec 2013 #45

One thing I don't get is what is there to stop Incitatus Dec 2013 #46

This is the definition of all currency. joshcryer Dec 2013 #47

Bitcoin calls Greenspan a corrupt, lying asshole without intrinsic value. n/t Orsino Dec 2013 #49

87 years old and he finally recognizes a bubble. burnsei sensei Dec 2013 #51

NOW he cares? Paula Sims Dec 2013 #52

coming from the man fed people called bubble boy. pansypoo53219 Dec 2013 #53