Perfect timing, "self", if that really is your name. I was just getting tired of the dirty talk 😇
bitofhope
Oh dear, please give Mr. Gerard my apologies for assuming first name basis, how impolite of me.
I think calling gold "most stable currency in human history" is pretty buggish, but maybe by the time I'm intellectually ready to go back to college I'll figure out why it isn't.
Sure, investment in gold is reasonable. Particularly compared to most of whatever the hell Trump administration is doing. You said goldbugs are unreasonable yourself, so your initial hostile tone seems misplaced. Most likely you either misunderstood what was said or felt that the remark about goldbugs was meant to include people as reasonable as yourself, even though no one said investing in gold is unreasonable per se.
As for your later hostile tone, that is perfectly understandable because I'm being almost as much of a condescending dick as you are.
Come to think of it, dragon types are know to be big on hoarding gold so I guess it's natural for you to take the issue so personally.
Okay ~~dadd~~professor. Most of us were agreeing that Trump admin trading gold reserves for cryptocoins is a stupid idea. This seems to have attracted people who agreed for the incorrect reason, namely that they think inert yellow metal is the fundamental source and measure of wealth, which David called out. After that it could be one of three things:
a) You misunderstood what David wrote and rudely insinuated he is unfamiliar with the concept of speculative investment.
b) You correctly understood what David wrote and — being a goldbug yourself — took issue with it and proceeded to make the aforementioned rude insinuation.
c) You're flirting with me a bit too aggressively and it's activating my brat instincts, professor~
In a way every bubble economy is already a meta-bubble in that they don't just aim to generate hype about tulips, but also to generate hype about hype about tulips.
And like @YourNetworkIsHaunted pointed out, it's a pretty good description of private equity in general. More abstractly, every stock market crash is a consequence of some first-order bubble winning the meta-bubble race.
Yep, agencies do track blood money on the chains and place sanctions accordingly. It's just a little more complicated than checking "was this specific coin used in one of these crimes" and laundering is still possible through a rogue exchange or P2P/sneakernet transactions to parties that don't care about the sanctions.
Do you expect me to walk?
No, Mr. Bond! I expect you to buy!