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Strategies & Market Trends : ahhaha's ahs -- Ignore unavailable to you. Want to Upgrade?


To: Elsewhere who wrote (24689)8/24/2017 7:28:59 PM
From: AhdaRead Replies (1) | Respond to of 24758
 
First I appreciate the information you are sharing with me.

In regards to the bit coin if all transactions are made net to net where are taxes collected from if there is no earth address involved other than a ship to.

Suppose you go to a store that requires physical currency and does not recognize the bit which
is on your computer as currency then what?

Then I think in terms of gold and a gold coin can be the same problem but It has to be exchanged for smaller currency and if I tried that at Mac no hope for a hamburger that day.

Currency belonging to Nations represents a Country so you exchange one currency for another tho the exchange rate differs.as well as solvency of nations. However by means of bail outs bonds and what have you nation is the asset base of the currency but what is the base of the bit?

Perhaps the answer lies in the fact the bit is controlled and paper is not To me it seems and I could be wrong alternative of gold is tangible but where is the tangible in the bit?