A Quote by Felix Salmon
Currencies are things that you use to pay for other things; commodities are things that you buy. If art is going to be one or the other, it's going to be a commodity, not a currency.
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?ow can we be, even if it is the last day on earth? It's like Christmas Eve. "Okay, it's going to be Christmas. So what. What are you going to do? Jump off the Empire State Building?" It's all still the same. The last day of your life is still going to be a day. Then there's that thing, maybe it's not true. Who knows? Are you going to believe it? Are you going to buy it? There are a lot of other things that are important, you know. You know what they say. Life is what happens when you're doing other things, right?
The United States is pushing as policy division of the world into rival currency camps - the dollar area on the one hand, and the Russia-Chinese-Shanghai Cooperation Organization group on the other, especially now that the IMF has changed its rules. People think that if there are rival currency groupings and national currencies are going bust, we might as well use gold as a safe haven.
We pay attention to every demographic in every country, so we're going to focus on building things that teens are going to like, and we're also going to focus on building things that other folks are going to like.
You are not always going to be able to knock it and run. You are going to have to use the other foot, mix things up, use the brain.
We have to tell each other the little things, the bad things. Maybe they’ll hurt for a while, but at least they won’t become big things. If we don’t, we’re just going to keep hurting each other. And I don’t want to do that anymore.
The problem with commodities is that you are betting on what someone else would pay for them in six months. The commodity itself isn't going to do anything for you....it is an entirely different game to buy a lump of something and hope that somebody else pays you more for that lump two years from now than it is to buy something that you expect to produce income for you over time.
In life, the things that go wrong are often the very things that lead to other things going right.
The mark of a single currency is not only that all other currencies must be extinguished but that the capacity of other institutions to issue currencies must also be extinguished...In the case of the United Kingdom, that would involve Parliament binding its successors in a way that it has hitherto regarded as unconstitutional.
Most paper money initially existed as a substitute for gold. That's what gave it value. But right now what gives a currency value is other currency. Most countries hold reserves and the reserves are other currencies. If you are a backing up the euro with the dollar, what's backing up the dollar? I don't think it is going to go to a point where all you have is coins and bars of gold, but I do think that we are going to have to go back to a monetary system based in gold, not based on paper.
Money is different from all other commodities: other things being equal, more shoes, or more discoveries of oil or copper benefit society, since they help alleviate natural scarcity. But once a commodity is established as a money on the market, no more money at all is needed. Since the only use of money is for exchange and reckoning, more dollars or pounds or marks in circulation cannot confer a social benefit: they will simply dilute the exchange value of every existing dollar or pound or mark.
Bitcoin has so much potential, and that's why the believers are trying to facilitate its use as a currency, so people use to buy things and spread it around more.
All I'm doing is photographing. When I was working on The Animals, I was working on a lot of other things too. I kept going to the zoo because things were going on in certain pictures. It wasn't a project.
When I began going to school and learned to read, I encountered stories of other people and other lands. In one of my essays, I remember the kind of things that fascinated me. Weird things, even, about a wizard who lived in Africa and went to China to find a lamp... Fascinating to me because they were about things remote, and almost ethereal.
There are two things that I want you to make up your minds to: first, that you are going to have a good time as long as you live - I have no use for the sour-faced man - and next, that you are going to do something worthwhile, that you are going to work hard and do the things you set out to do.
I just always knew I was going to be a star. I was always going to be rich so I could buy things for Mommy and Daddy, so that I could buy them a big house and we could have things.
I tried to be really nice and like the things other people liked and do the things other people were supposed to do, and what you find out is that they're going to bully you anyway. And I thought, 'You know what? If I'm going to get bullied anyway, I might as well get bullied for making a difference in the world.'
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