Quote:
Originally Posted by Ahldagor
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mainly that you're caught up in specificity and hammering away on your point without regarding what has been previously said by me or anyone else in the thread. the whole thing about the value structure of diamonds isn't even relevant to how a default on u.s. debt would effect the value of the u.s. dollar. i brought up carbon to show how three different forms of it have different values which are dependent upon how people wish to utilize that carbon, which as it stands as is has no value (value is a subjective word) much like u.s. currency.
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We're just talking past each other then. I wasn't making any statement regarding US debt or the dollar. I was only making a specific point about the possibility of the use of diamonds as money. Considering much of this thread changed into a discussion on what makes a good money, it didn't seem like much of a derailment...