Brent_Allsop replied 10 years ago (Aug 23rd 2013, 7:39:09 am) Hi Swappermail,
Very interesting. I've got a bunch of questions about this.
What are "Drupal 7 themers"?
Very interesting article about [http://swappermall.com/node/5 What do Bitcoins have to do with the IMF?] Could you tell me how attacks on weak nations currencies take place, as I'm not familiar with this possibility and how the IMF could intervene? I know the US, and most of the world is attacking Iran's currency. Is it similar to this?
It says: "Transition to a non-inflationary official national Bitcoin usage by a country could prove to be extremely advantageous for first nation adopters." I could see some ways in which this could be advantageous, such as simply the more any country get's in before Bitcoins inflate too much, could increase the wealth of that nation. But I also see significant possible negatives for a country. For example, Japan's economy has been decimated, for the last 10+ years, because it's currency has inflated in value, instead of deflated, like the rest of the world. They are finally only now recovering, after they are deflating the value of their currency.
You mentioned "Thousand fold" increases, should the IMF start to hold Bitcoins to help protect member nations, and "Million Fold" increases, should it encourage the entire world to adopt Bitcoin is it's currency. Do you realize that "thousand fold increases" make the market cap of Bitcoins more than the Market Cap of all the gold in the world, and the "Million Fold Increases" make Bitcoin Market Valuations start to approach the value of all real estate, in the world? That almost seems tooo aggressive of a prediction to me. Did you just pull these numbers out of the air, or do you have some solid quantitative rational behind them?
Also, I'm interested in more of what you can do and what you have planned for swapper mail.