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GeneralRe: Bitcoin: view it as a game for small children Pin
Eddy Vluggen11-May-21 9:51
professionalEddy Vluggen11-May-21 9:51 
GeneralRe: Bitcoin: view it as a game for small children Pin
W Balboos, GHB12-May-21 2:10
mveW Balboos, GHB12-May-21 2:10 
GeneralRe: Bitcoin: view it as a game for small children Pin
Eddy Vluggen12-May-21 6:59
professionalEddy Vluggen12-May-21 6:59 
GeneralRe: Bitcoin: view it as a game for small children Pin
PhilipOakley12-May-21 0:54
professionalPhilipOakley12-May-21 0:54 
GeneralRe: Bitcoin: view it as a game for small children Pin
Greg Utas12-May-21 1:59
mveGreg Utas12-May-21 1:59 
GeneralRe: Bitcoin: view it as a game for small children Pin
PhilipOakley12-May-21 4:42
professionalPhilipOakley12-May-21 4:42 
GeneralRe: Bitcoin: view it as a game for small children Pin
Greg Utas12-May-21 5:08
mveGreg Utas12-May-21 5:08 
GeneralRe: Bitcoin: view it as a game for small children Pin
PhilipOakley12-May-21 5:33
professionalPhilipOakley12-May-21 5:33 
There is no need of a single commodity to base a currency on (i.e. none is a sufficient base). The market dynamics aggregate across all the commodities being traded to decide the exchange rate between currencies.

The costs of goods fluctuate all the time for many reasons. We enjoy the illusion of certain stabilities - e.g. "The pound in your pocket" unaffected by the devaluation of sterling (Wilson, 1967).

For some currencies there is also government interaction for 'common' federal money (e.g. European union, and other Unions).

Conceptual elements of climate can be traded, but habitability isn't decided by the parties to the trade, hence the problem.
GeneralRe: Bitcoin: view it as a game for small children Pin
Gerry Schmitz11-May-21 10:36
mveGerry Schmitz11-May-21 10:36 
GeneralRe: Bitcoin: view it as a game for small children Pin
W Balboos, GHB12-May-21 2:09
mveW Balboos, GHB12-May-21 2:09 
GeneralRe: Bitcoin: view it as a game for small children Pin
Greg Utas11-May-21 5:02
mveGreg Utas11-May-21 5:02 
GeneralRe: Bitcoin: view it as a game for small children Pin
W Balboos, GHB11-May-21 5:16
mveW Balboos, GHB11-May-21 5:16 
GeneralRe: Bitcoin: view it as a game for small children Pin
Greg Utas11-May-21 5:22
mveGreg Utas11-May-21 5:22 
GeneralNext big thing! Pin
Pete Kelley12-May-21 3:16
Pete Kelley12-May-21 3:16 
GeneralRe: Next big thing! Pin
PIEBALDconsult15-May-21 6:36
professionalPIEBALDconsult15-May-21 6:36 
QuestionCurry & Chips? Pin
5teveH11-May-21 1:49
5teveH11-May-21 1:49 
AnswerRe: Curry & Chips? Pin
g_p_l11-May-21 2:32
g_p_l11-May-21 2:32 
AnswerRe: Curry & Chips? Pin
OriginalGriff11-May-21 2:56
mveOriginalGriff11-May-21 2:56 
GeneralRe: Curry & Chips? Pin
pkfox11-May-21 3:57
professionalpkfox11-May-21 3:57 
GeneralRe: Curry & Chips? Pin
Daniel Pfeffer11-May-21 4:02
professionalDaniel Pfeffer11-May-21 4:02 
GeneralRe: Curry & Chips? Pin
pkfox11-May-21 4:50
professionalpkfox11-May-21 4:50 
GeneralRe: Curry & Chips? Pin
OriginalGriff11-May-21 4:54
mveOriginalGriff11-May-21 4:54 
GeneralRe: Curry & Chips? Pin
Wastedtalent11-May-21 5:02
professionalWastedtalent11-May-21 5:02 
AnswerRe: Curry & Chips? Pin
Eddy Vluggen11-May-21 6:03
professionalEddy Vluggen11-May-21 6:03 
GeneralRe: Curry & Chips? Pin
MKJCP12-May-21 4:03
MKJCP12-May-21 4:03 

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