The below is an off-site archive of all tweets posted by @lopp ever

April 21st, 2014

@pig_poetry You might be on to something. Imagine the market for a beer you could drink at the end of the night so as to not drive drunk.

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@balajis That map sure looks familiar… getaddr.bitnodes.io

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IDK about you, but I can’t wait to get crunk on powdered alcohol. Technological advancement FTW! telegraph.co.uk/foodanddrink/1…

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Do you want to support the Bitcoin network? Learn How to Set Up a Bitcoin Full Node coinchomp.com/2014/04/21/how… on @CoinChomp

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@binarybits In an ideal world, you would be correct. But I’m fairly certain that you’re not. bloomberg.com/news/2011-12-2…

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@cryptotraveler This is, of course, completely ignoring the philosophical issue of having to lend money to people to retain purchasing power

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@cryptotraveler @jerrybrito Yeah, it fluctuates a lot - you can thank the Federal Reserve for that. His arg seems to be over long term.

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@binarybits Run the same inflation rate vs interest rate analysis on all the other govt issues currencies and we’ll see how the arg holds up

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@cryptotraveler @jerrybrito makes a good point that you won’t lose purchasing power if you store dollars in a bank w/avg interest rates.

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@jerrybrito If the entire world only used one medium of exchange, that sure would simplify things, wouldn’t it? ;-)

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@jerrybrito Thus it might be more accurate for your title to be “no replacement for the dollar” rather than “govt money” in general.

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@jerrybrito Right, I’m saying that it would be great to see you run the numbers to quantify its usefulness as a safe haven from inflation.

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@jerrybrito @CathyReisenwitz @Jim_Harper I’d like to see you run inflation vs interest rates analysis for all other govt issued currencies.

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Prediction: cryptocurrency will cause changes to legal systems, not the other way around.

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