SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 387.98+1.3%Nov 28 4:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Maurice Winn who wrote (193834)11/19/2022 4:48:07 PM
From: Maurice Winn  Read Replies (1) of 218074
 
That's right Mq. And it's interesting that TJ thought gold was a better investment than QUALCOMM and the invention of Mobile Cyberspace. How wrong he was. As wrong as it's possible to be.

Not only was QUALCOMM a great investment, but check out the Consumer Surplus. The most vast and exponentially parabolicly asymptotic hyperbolic hyperbole ever. You and Warren Buffett were right. Gold just sits there. After 10 years or a million years, it's still just sitting there. A lump of gold. Unless it's stolen of course. Or lost at sea.

In fact, gold is so last century. After you've invented the world's new unit of value [dopey bitcoin has now fallen out of favour with its weaknesses exposed] then even gold will be like those large stones with holes in them used as money = obsolete. The Yap islands. flockeo.com.

The Yappers will be thrilled to adopt your new unit of value so that they no longer will their use of US$ involved them paying a royalty of 8% per year to USA by way of USA diluting the US$. More in recent years. Nobody wants to pay a royalty to use a unit of value. Unfortunately, nobody has yet invented a royalty-free unit of value. Bitcoin was an attempt but its bad design meant intrinsic inefficiency made it a bad attempt = slow, waste of energy, absurd inclusion of past transactions in a vast data string, vulnerable to interruption, theft, confiscation, loss of the secret code, theft of the secret code.

Mqurice
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News