Challenge accepted! As a bonus, I’ll do yours as well!
Correct/Incorrect statements in Anenome’s last post.
Correct:
1.) Dave quoted Mises.
2.) This quote asserts that currency has “intrinsic utility as money”, since ceasing to use an item as money reduces its value.
3.) Supply of Bitcoins, like gold, is limited.
4.) Many currencies in the past had no physical utility apart from being a medium of exchange.
5.) Bitcoins can retain value invested into them just as well as gold.
6.) Bitcoins are demanded and valuable.
7.) Fiat paper money has value though it has virtually no commodity value.
8.) “All you’ve done in this entire article is ‘out’ Bitcoin as analogous to a fiat currency.”
9.) Dave’s smugness is not warranted.
Incorrect statements by Anenome
1.) $17/bitcoin. It’s around $6/bitcoin right now.
Correct/Incorrect statements in Dave’s last post:
Nothing either way.
Ad Hominems:
1.) Suggests that Anenome does not have a firm understanding of the basics of economics.
2.) Suggests that Anenome may not be able to comprehend basic warning label instructions.
3.) Suggests that he is more educated than Anenome.
Incorrect statements by me:
You really seem to be a noble pursuer of truth Dave!