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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 396.28-0.7%Dec 31 4:00 PM EST

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To: TobagoJack who wrote (187533)5/14/2022 1:37:51 AM
From: sense  Read Replies (1) of 218877
 
Perhaps they've just thought it out... not backwards... but inverted... wrong side out ?

Any new crypto being funded as all other are with a Ponzi... seems it works well enough... so no need to go reinvent that. And, that part at least is close enough to paper silver... only without the risk of it ever running into counter-party deliverability issues... Given the only "there" there... in crypto... is whatever we say it is that you should trust us about... So, crypto avoids the intrinsic fraud of paper silver... where the "there" that's not there... is defined as something that we all know what it is... and thus we can tell when the "there" its not there... unless we work really hard not to ? So... that's a win... ( /s)

The rest appears to be... not having properly considered the necessary and intrinsically "inverted" element operating in a sleight of hand... as in calling what you owe to someone else... what we will use as money ?

Or, that in your having lent money to another... resulting in you winning ownership of a steady stream of interest payments made to you at negative interest rates ?

If you can pair those two somehow... into a crypto... so that it converts your credit card bills into usable cash... while the users of the money you create... engage with you to ensure their obligations tied to using your credit card bills as money... grow their obligations to you exponentially over time ? That would be something...

But, that's not innovative enough... as only a purely derivative copy of the existing system...

So, you need to take that concept and "invert" it again somehow... in a double inversion trick...

That... je ne sais quoi... would combine the best features of each of those concepts....

So, then... when the Ponzi inevitably fails... the result would be... not a recognition of losses... but the perpetual production of endless wealth... ?

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