Non Sequitur by Wiley Miller for September 27, 2021

I don’t trust any of the newer cryptocurrencies that came out after the popularity of Bitcoin.

I don’t know what any of that stuff is.

Fungibles — are they the round grey things I get on my pizzas along with pepperoni and olives?

Can I use doggy bitcoins here?

ALL money is an agreed on shortcut. If you’re okay using paper money… or accepting a check from a customer… then you might be willing to deal with bitcoin or the like. But the distinction I make is that MONEY is a government monopoly (per country, more or less) and EVERYTHING ELSE has a value that translates to money. And if I want to play the stock market, that’s fine, but I don’t want to “play the e-currency market” and CALL it money. It’s an investment, not currency.

A: pointless

How about can I have a non-fungible hot dog with everything? Can I pay with Federal Reserve Notes?

NFTs are nearly always purchased using Ethereum and not Bitcoin.

Makes a nice change.

Wiley must have been watching Lehto’s Law to find out what fungible means

the price of e-currency is based on supply and demand. Watch what happens when the demand disappears.

cryptocurrencies the ultimate pump and dump scheme

I like how both of ’em uses the same umbrella. perhaps they are in this together. selling both the product and the “education”

First you have to teach the customers why they need it. :D

It used to be called advertising, but now it is a separate profit centre.

He’s a fun guy.

I have NO faith in this!

If my landlord doesn’t accept it as rent payment, I’m not interested.

NFTs are easy to explain – they’re a link to a note on a server which may go away at any time, which right now says a particular file comes from a particular place.

What’s more difficult to explain is why anyone should care, and the answer is that they probably shouldn’t.

NFT and bitcoin aren’t the same thing. NFTs are most frequently associated with art. The first one I heard about was when some guy bought a million dollar NFT. It was unique. But the art was available for download to view, so what was the point? The guy that bought it said he didn’t have anything else to do with his money.

What the HELL is a bitcoin, anyway????

An updated “Emperor’s New Clothes”.

I’ll queue up for that line. There is a sense all currencies are now backed by faith (the government of every country says its good, but there is no precious metal behind it as was once the case… Of course even ‘precious metal’ was an act of faith. Does silver have a real value – whatever that may mean – higher than iron). But crypto currency doesn’t even have a government saying, “This stuff is good.” The faith of fools trading it to one another as long as they believe hard enough that they can find another sucker to accept it. My question is why are people that dumb?

They didn’t like moving from gold and silver coins to paper money. Then paper money to credit cards. Now we have computer money. I think the difference is that the banks guaranteed paper and cards. Why would we trust the internet?

It’s based on the oldest commandment in selling, i.e. sell the sizzle and not the steak. [There’s a fill in the blank born every minute.]

i saw that word once—in a Scientific American or other scientific magazine. . .hafta google it again. . .

Wow. Things have changed. When I was a kid, you couldn’t say ’’fungible’’ in public. Now, it’s everywhere.

I see in the news, China is cracking down on ’’bitcoins’’. Blocking their use. What good is a currency, when the Govt. says you can’t use it?

NFTs are a Bubble that lives (?) in a Bitcoin Bubble that floats in a Cloud, near as I can tell they are all based on wishful thinking and Fairy Dust or maybe that Pot o Gold at the end of a Rainbow or in other words " Buyer Beware "

To paraphrase Richard Pryor: Buying NFTs mean you have too much money!

“How are you feeling today?”

“Oh, fungible.”

“I’m so sorry.”

Girls just want to have funge…

Ask the good folks in El Salvador about how happy they are about having Bitcoins as their National Currency.

Around the corner is a tax-person’s kiosk that says “Give It All To Me”.

Classic sign of an approaching down turn, when you have too much money chasing too few products. This time they decided to make up products. When the crash comes people will find that there is nothing behind the ‘coin and NFT’ they bought. Hold on to your real money and real products, this is going to be interesting.

Somewhere it the old toy chest, I have a fortune in “Monopoly money.”

Who cares what they are, as long as they’re “fun”!

OK, I understand buying NFTs but why would someone buy Hunter Biden’s art.

NFTs are things that won’t grow mold. I have a NFT shower curtain.

Hey did any of y’all buy the original Bitcoin for $9 a share? I had no clue what it was, and probably couldnt have found an exchange where I could convert dollars to crypto. But based on all the fuss nowadays with all the e-currency (dogecoin, anyone?) I wish I had bought a share or two…..

The fungibility of a given topic is dependent on the seriousness of it.

Are we having funge yet?

NFT’s are the latest in scams and money laundering.

I have a bunch of pennies.

My cart says “Will tell non-fungible token merchants to go funge themselves for cash.”

It’s a full-employment program!

Hey guys: I’ve got some Florida swampland to sell you.

Yes. It’s a contraction of “edible fungi.”