MEME FACTORY

[albin]

Perhaps a bit experimental --

 

[Norway]

@albin

 

[AdrianX]

I saw this on the internet.

 

[bitsko]

river__crab__ on r/btc is killin it

 

[Norway]

Ha ha, they are great!

 

[freetrader]

Based on a true story (and hopefully fair use?)

 

[Norway]

LOL!

 

[bitsko]

 

[Norway]

@bitsko That must be the Hong Kong agreement!

 

[bitsko]

 

[majamalu]

LOL. Litecoin is segregating Charlie.

 

[albin]

For mah UK English speaking homies across the pond...

 

[freetrader]

Found on Reddit, liked it...

A leaked page from the /r/bitcoin moderator's handbook

 

[AdrianX]

some one please make an image meme of this:

[5:33] gmaxwell: praxeology: You might have noticed that I spoke precisely. Bitcoin is fiat by the definition used in economics.

http://pastebin.com/rmm6TPEx

this is beyond surreal.

[5:43] gmaxwell: praxeology: Yes, and they're [Austrian Economists] screwing up the terminology. Their complaint is not with fiat but with goverment fiat and esp government mandated fiat. But it's hard to get the terms right when there is no good example of a completely optional non-goverment fiat.

According to GMax - Economists are confused. but he has their back and comes to their aid "it's hard to get the terms right when there is no good example of a completely optional non-goverment fiat"

Fiat money is a currency established as money by government regulation or law.

Greg Maxwell defines 4 new types of fiat:

• Bitcoin = fiat
• goverment fiat
  
• government mandated fiat
  
• optional non-goverment fiat

*edited

 

[sgbett]

"And then I told them"

not original sauce, but seems appropriate.

 

[albin]

Anybody who listened closely to the 2nd Crypto Show "debate" in Acapulco will probably get this.... commemorating the most douche-chilling moment of the entire proceeding....

 

[Mengerian]

He also kept saying "thorough-put"

 

[albin]

I think I like that even more. I'm thinking now "POTENTIATION" needs the Inigo Mantoya "That word... I don't think it means what you think it means" alongside.

 

[freetrader]

That sounds like something that would happen on a golf course.

 

[albin]

Maybe borderline too conceptual?