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Comment Re:Not a rebate (Score 1) 145

Every expansion of the monetary supply is a piss in the bucket, until you accumulate them together.
Government borrowing compounds.
If you need to borrow 100 billion dollars and never balance a budget, you keep borrowing the following year and the following one.
Also, your interest on paiments keep increasing because you have to borrow more to pay the interest.

Yes, if the one and only thing we ever borrowed for was EVs, it would be one thing, but its not as you know.

Its not the only cause of inflation, but one of them.

All of them though relate to increase of the monetary supply.

Comment Re:Not a rebate (Score 1) 145

You are pretty good at throwing insults around.
Very weak on understanding economics.

Government expenses that require borrowing money (adding to the debt) most definately cause inflation.
No one cares about the effective cost of an already purchased vehicle, I never made that point, you can keep your strawman.
Government spending on credit, causes inflation of prices by increasing the money supply.
Thus increasing the costs of EVs for all in the future.

Econ 101

Comment Not a rebate (Score 4, Insightful) 145

That increases the cost of everything else.

A rebate by a third party isnt a rebate.

Considering the government budget isnt balanced, these "rebates" are really subsidies they will have to offre on credit.

Further causing inflation, increasing the cost of ICEVs and EVs and every other consummer good and service for ALL.

Comment Re:It's valid to point out poor or vague reference (Score 1) 357

nutballs like Rand Paul?
Ok... Tell me you cant think for yourself without telling me you cant think for yourself.

And no, it does not make them true. But pretending, that those questions/claims/statements dont exist like the OP is disingeneous.

You dont have to agree with Rand Paul, but saying his ideas are nutball discredits anything you say going forward.
You need to lay off the CNN and NPR juice.

Comment Re:For what reason? (Score 1) 357

Such a weak reply.

Most of his claims are found in the congressional record.

This does not make them true, but also makes them far from "whacko" random google searches.

The rest of your verbal diatribe is misdirecction and an attempt to paint opposing views as unworthy of even being discussed.

Comment Re:Qui bono? (Score 1) 357

Because its dangerous. Last 3 years are proof of that.
It was banned by the Obama administration.
Fauci did a work around and funded the Wuhan lab anyways.
USAID is also part of the funding for gain of function.

At the very least its egg on the face of the US government. If nothing else.
At worst...

Comment Re:They are in it for the long haul... (Score 1) 62

What do you mean its expensive?
Its infinitly divisible.

As the value of BTC goes up, we wont be talking about the price of 1 BTC anymore, we'll be talking about the price of 1 SAT (Satoshi).
1 SAT = $0.00026315 (USD) currently

Its 1 BTC / 100 million

The only issue is volatility which makes it impracticle at the moment as a currency, maybe for ever. But as a store of value nothing has outperformed BTC over 1 year, 5 years, 10 years and never will because of its absolute scarcity.

Comment Re:Remittances prove BTC is a failure (Score 1) 62

Time is a commodity, so is patience.

Bitcoins intrinsic values are : Garantee limited quantity, Unhackable, Decentralised, Uncensorable.

It is designed for the specific purpose of being money.
- Store of value
          - Through time
          - Through space
- Unit of account
          - The entire blockchain (of all historical transactions) is audited every 10 minutes
          - Trustless (because its verified every 10 minutes)
- Secure
- Cannot be debased/inflated away

Claiming Bitcoin has no intrinsic value is ignoring the value of the points above. Physical use is not the only way to evaluate a commodity.

"Money" is half of every transaction. (approximately, some trading is still done to some degree).

If I work 8 hours today and that is currently valued at $400.00 dollars. There is no reason for my 8 hours of work to be worth less 10, 20, 30 years from now.
With FIAT currency, the worth of my work is devalued, on average, by 7% per year. That means if I decide to spent my earning in 10 years it would be worth less than half its initial value. In 30 years over 88% loss in value.

Inflation is theft, and there is no way to fix this without hard money that cannot be debased.

Goods should go down in price with increased productivity and technology, not go up.

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