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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Maurice Winn who wrote (10003)	9/21/2001 11:44:08 PM
From: Stock Farmer	Read Replies (2) \| Respond to of 74559

4... ..."In Q we Trust" Wasn't Q the guy who made gadgets that weren't at all what they looked like? I'm not sure I'd trust him wiggling on a ten-foot barge pole. But seriously... We can equally accept or reject AG's fiat paper and Q's share certificates. Both are printed with abandon and not affixed to any tangible value. It's not as if I can lay claim to one seven hundred millionth of the words in those patents. One must trust. Or lay claim to something immutable and entirely fungible. And tangible. Now, I agree with you that one or more atoms of Au or Pt or Ag or any other entry in the periodic table is as artificial a store of value as the electrons which orbit their nucleii... trapped and farmed and shepherded as they are or will be through this IT of yours. Except that electrons are very mobile things. Just brushing the cat I can transfer several from him to my fingers in a nice little zap that makes Green$pan's activities pale in comparison. No, electrons are to abstract and easily manipulated to give comfort. It is trust we need. The lower the better. We need a trust that can be verified to any degree of scrutiny. A trust that stands against artificial creation and mutation. A trust that withstands the ravages of time. A trust that is compact and dense. And a trust that is infinitely and arbitrarily divisible. At the very least, IT must wait until the term "debugging" goes away, or until we revert to the oneness of protoplasm from which we came. Meanwhile, fundamental physical chemistry suggests Gold. John.