[ExI] Sell your Bitcoins!

[John Clark]

On Sun, May 31, 2026 at 1:10 AM Kelly Anderson <postmowoods at gmail.com>
wrote:

*> Apologies, I thought you took it off list.*


*Nope it was you. Since you did it by accident and didn't want it kept
private, I will now send everything I wrote in response to you off the list
to the list: *
*===*
On Tue, May 26, 2026 at 10:11 PM Kelly Anderson <postmowoods at gmail.com>
wrote:

*>> >Bitcoin is JUST money. Nothing special about it*
>>
>>
>
> *>>Me: Nothing special about bitcoin except that it needs colossal amounts
>> of energy to operate, and even 17 years after its introduction you still
>> can't actually buy anything with it except for illegal drugs and other
>> forms of money that you can actually use to buy stuff with.*
>
>
> *> And, we're still cleaning up MULTIPLE huge disaster sites created
> by the mining of gold. The Romans ran enormous gold operations, most
> famously Las Médulas in northwest Spain (1st–3rd century AD), where
> they [...]*


*Your history of the many sins committed by gold miners over the last few
thousand years was quite interesting but unfortunately nobody can change
the past, however we can do something about the present and future sins of
bitcoin miners. And the entire issue of gold is irrelevant to this
discussion because the dollar has not been on the gold standard since 1971
when Nixon severed the last link between the U.S. dollar and gold by
ending the ability of foreign governments to exchange dollars for gold, and
even before that in 1933 Roosevelt made it illegal for US citizens to make
that exchange. As for the other two major world currencies, the European
euro and the Chinese yuan, they were NEVER on the gold standard, and yet
those 3 currencies run the world, and they can be directly used to buy
things; and those are properties that bitcoin does not have, and neither
does gold.*

* John K Clark*
*===*

On Thu, May 28, 2026 at 4:43 PM Kelly Anderson <postmowoods at gmail.com>
wrote:

> *>>Me: **Your history of the many sins committed by gold miners over the
>> last few thousand years was quite interesting but unfortunately nobody can
>> change the past, however we can do something about the present and future
>> sins of bitcoin miners. And the entire issue of gold is irrelevant to this
>> discussion because the dollar has not been on the gold standard since 1971
>> when Nixon severed the last link between the U.S. dollar and gold by ending
>> the ability of foreign governments to exchange dollars for gold, and even
>> before that in 1933 Roosevelt made it illegal for US citizens to make that
>> exchange. As for the other two major world currencies, the European euro
>> and the Chinese yuan, they were NEVER on the gold standard, and yet those 3
>> currencies run the world, and they can be directly used to buy things; and
>> those are properties that bitcoin does not have, and neither does gold.*
>
>
> *> Once again, you miss the point. I think perhaps you do this on*
> *purpose. The point isn't that the dollar is linked to gold. Of course*
> *it isn't. I wasn't speaking about the dollar, I was speaking about the*
> *past performance of gold AS MONEY.*
>

*OK so your point was about the historical mendacity of gold miners. Fine,
but I thought this discussion was about bitcoin and the advantages and
disadvantages it has over the paper forms of money that currently run the
world. I don't understand what gold or gold miners have to do with the
price of eggs in China. *

*And speaking of "purpose", why did you purposely decide to take this
debate off the list?  Was it because you lost confidence in the strength of
your own arguments and didn't wish to be publicly embarrassed? *


>
>> *> And that all money has almost always come at a considerable cost to
>> those who do the proof of work that makes it money.*
>
>
*I'm not sure what you could call "proof of work" when it comes to paper
money, certainly not the energy required to run the printing presses. Maybe
the "proof of work" of a paper dollar is the fact that, although imperfect,
it helped in enabling the building of a vibrant economy.  *


>> *> The future of Bitcoin can't be changed without a 51% agreement
>> tochange it. And why do you think ANYONE would agree to that?*
>
>
*Agreement has nothing to do with it. In 2016  52.9% of the voters agreed
that Donald Trump should NOT be the next president, but he became the next
president anyway. *

*  John K Clark*

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