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The funds in your bank account are entirely abstract. | 277 comments | Create New Account
Comments belong to whoever posts them. Please notify us of inappropriate comments.
FUNDS are an abstract construct in the first place
Authored by: Anonymous on Tuesday, October 09 2012 @ 06:47 PM EDT
Unless they are a literal counting of physical paper money sitting in a specific
spot that is yours, then of course they are abstract. The funds in your account
are an abstraction of the balance you have available with the bank. Upon request
the bank will do stuff with its money and adjust your abstracted balance
accordingly.

[ Reply to This | Parent | # ]

FUNDS are an abstract construct in the first place
Authored by: Anonymous on Tuesday, October 09 2012 @ 10:36 PM EDT
>The funds in my bank account are not abstract.

True. Those funds are imaginary. They do not exist in either the physical world,
nor the abstract world. They only exist in your shared hallucinations.

The sole difference between Bitcoin and US Dollars, is an army willing to rape,
pillage, and plunder, to prove that latter is not fiat currency.

[ Reply to This | Parent | # ]

The funds in your bank account are entirely abstract.
Authored by: Anonymous on Wednesday, October 10 2012 @ 04:11 AM EDT
If you don't understand why, try to bite them or throw them.

[ Reply to This | Parent | # ]

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