< the QCOM vs NEM chart is misleading, because NEM has a "zero" date as well, and the wager is that NEM will be around a lot longer than QCOM, because QCOM will, as do the airlines, give back all to money heaven.>
Maybe. They are both just businesses, producing goods and services which others buy, hopefully for a profit. Either or neither could go to zero, either sooner or later, depending on what good, or bad, decisions are made by management.
What probably escapes viewer's attention on first glance is that both are moving in unison, more or less, against financial relativity theory's amazing accelerating and shrinking yardstick, Uncle Al KBE's promissory note.
Both are relatively small shrubs, measured against Uncle Sam's giant money tree, which is fully grown and has been bearing fruit in huge quantities. Uncle Sam has something like $10 trillion 'out there', floating around the markets, looking for a hiding place while lenders pay them in Happy Meals. NEM and QCOM combined have barely $100 bn 'out there'.
One day, QCOM, or whichever company or entity or group or society or swarm, produces the Quid*, will dwarf the once-great US$, which will have shrunk in accordance with financial relativity theory's rules into the nano technology realm, with US$1 million measuring barely a metre.
Houses will measure millions of cubic dollars, gold will weigh thousands of dollars per cm3, CDMA/OFDM/BREW/etc will be worth buckets of dollars per megahertz and bushells per megaflop. Note to readers that a megaflop is what the US$ will eventually be, but here means gd.tuwien.ac.at
Mqurice
* Quid = brand new all-singing and dancing, complete with bells and whistles cybercurrency owned by the holders of the currency and without a pixelation button for a kleptocracy to press when they want to issue themselves some more from the money tree. Any pixelations to increase the supply would be owned by the owners and used as bait to reward new owners and participants until the defeat of other currencies was achieved, at which time the quantity on issue would be fixed and people would bid to rent some, exchange for other things [such as gold], trade for work or goods, and so on - usual monetary processes.
PayPal/Skype/eBay are in a good position to initiate such a thing. Uncle Sam will foam at the mouth, twitch and start arresting people who 'wish to destroy the foundations of the world's economy' - meaning compete with his personal money tree/Ponzi scheme/pyramid game. Any little boys pointing out the king isn't wearing any clothes will be sent for "re-education". |
