Matches for from:mjr, 5343 total results Sorted by newest | relevance
Tue Feb 25 07:22:11 UTC 2014 <mjr_> what is their collateral?
Tue Feb 25 07:21:55 UTC 2014 <mjr_> you cannot redeem a dollar
Tue Feb 25 07:21:48 UTC 2014 <mjr_> in other words i can REDEEM it
Tue Feb 25 07:21:43 UTC 2014 <mjr_> a debt means that i am OWED something
Tue Feb 25 07:21:30 UTC 2014 <mjr_> no...you really don't understand...
Tue Feb 25 07:21:10 UTC 2014 <mjr_> it doesn't work that way
Tue Feb 25 07:21:06 UTC 2014 <mjr_> cool system
Tue Feb 25 07:21:04 UTC 2014 <mjr_> oh, so it represents a debt that won't be paid to me
Tue Feb 25 07:20:54 UTC 2014 <mjr_> the fed has others dollars
Tue Feb 25 07:20:43 UTC 2014 <mjr_> no they are not
Tue Feb 25 07:20:37 UTC 2014 <mjr_> where can i redeem this debt instrument?
Tue Feb 25 07:20:26 UTC 2014 <mjr_> tell me
Tue Feb 25 07:20:22 UTC 2014 <mjr_> what does someone owe me?
Tue Feb 25 07:20:19 UTC 2014 <mjr_> i have dollars
Tue Feb 25 07:20:11 UTC 2014 <mjr_> no they are not
Tue Feb 25 07:19:54 UTC 2014 <mjr_> dollars a token
Tue Feb 25 07:19:47 UTC 2014 <mjr_> in the first case, you have an entity willing to always exchange at a fixed ratio
Tue Feb 25 07:19:30 UTC 2014 <mjr_> you are mixing up "backed by" with "tradeable for"
Tue Feb 25 07:19:06 UTC 2014 <mjr_> there is a difference
Tue Feb 25 07:19:04 UTC 2014 <mjr_> it is a token