To: Elroy Jetson who wrote (136965 ) 12/2/2017 8:03:34 AM From: Maurice Winn 3 RecommendationsRecommended By 3bar dvdw© THE ANT
Respond to of 217588 $4 to move $42 is either a mistake or a hopeless situation. The answer to life, the universe and everything is 42 but bitcoin cannot be the answer to the need for a unit of value just as yards, furlongs, fathoms, feet, inches, light years, parsecs, miles, hands, are used as units of distance. In relativity theory time is also used as a unit if distance because reality is a complex business as is value. A metre doesn't just sit there in Newtonian peace when relativity theory or quantum mechanics apply. Similarly financial relativity theory needs a unit of measure of value that works in reality. Bitcoin is designed as badly as a yard as a unit of value. A metre isn't much better though it makes life much easier for engineers. Among its other failures a 10% fee to move $42 in value is crazy. Mq's system will be suitable for use in finacial relativity theory. Bitcoin will reach an event horizon from which there will be no escspe. In the good old days of found wealth gold silver etc made good money. But that was replaced by a unit of money based on the ideas of some central bankers appointed by self-serving politicians empowered by voters trapped in absurd political systems. That design never ends well with dilution to destruction guaranteed in a double your money back scam. After a few doublings a farthing penny shilling pound were turned to nothing. What was a mighty shilling is now a little bit of bronze of negligible value. The pound is a coin soon to be reduced to the vslue of nothing. Mq's unit of money will instead be based on the fundamental unit in physics which is sentience. Financial relativity theory requires such a unit of value. An observer whose value holds true in all frames of reference at any speed. Bitcoin is bung. It is now in the greater fool theory phase if that transaction cost information is correct. Mqurice