chem1st Posted October 19, 2011 Share Posted October 19, 2011 Here you go; £300. Transferred electronically. That £300 of 'bitcoin' is effectively worthless. But consider how much electricity has cumulatively been used by us all to view it. It keeps rising in value! Unless you get your leccy for free that is. Something which is somewhat harder now meter's can not be manipulated with magnets. And seldom is electricity 'shared' between community. Link to comment Share on other sites More sharing options...
manofstrad Posted October 19, 2011 Author Share Posted October 19, 2011 We'll always revert to metal coinage after the fall of paper, it's worth holding onto metal at the minute, recycling bins of empty cans need not council tax and Veolia to recycle themselves for example, a flatbed truck on bin day soon pays for itself As true as can be. You are a smart cookie chem1st, I like ya. Link to comment Share on other sites More sharing options...
chem1st Posted November 5, 2011 Share Posted November 5, 2011 The 5p and 10p would go first, then the 20p, the the 50p. We need the currency to devalue going on for 50% for the 5p and 10p to be scrapped, and to devalue another 50-60% for the 20p to be scrapped. And then another 60% or so for the 50p to be scrapped. http://www.bbc.co.uk/news/uk-15596596 Inflation it is. Wave goodbye to the 5p and 10p. Copper and nickel have a tangible value. The currency called the £ does not. Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.