Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: smolejv@gmx.net who wrote (70890)	12/29/2008 7:48:01 PM
From: Maurice Winn	1 Recommendation Respond to of 74559

Quite right DJ. <Behind any currency as the mode of commercial exchange there's trust. > But not so right here: <the human race does not know any metaphysical, absolute etc trust > We can trust our own consciousness. "I think, therefore I am". It's as good as we get [as far as I can tell, though it's possible it's all a big trick invented by a magician tomorrow and we are seeing a prequel]. We can likewise trust that others have the same processes going on in their brains. Not all of them of course, because some can do really stupid and even suicidal things. But for the most part, for a billion years, the existential foundation of DNA is that life goes on and most of life chooses to do so because there is no alternative. We can rely on and trust that process because if it fails, there is no life and it won't matter anyway. The difference between Mq's Qi and the bog standard currencies is that the normal ones are a confidence trick on the other people who accept the promissory notes issued by the con-men. The people who print, control and issue regular fiat currencies are not the same people who are left holding the bag of failed trust. Mqurice