Thanks
News: Welcome to the Canadian Paper Money Forum.
I contacted the CPMS web master. His reply follows:
"We are aware of the problem and are working with PayPal for a solution"
"We are aware of the problem and are working with PayPal for a solution"
Hi,
I tried to purchase the two new volumes of the CPMS registers but the paypal link on the CPMS website does not work. Does anyone know the paypal email address the payment can be sent to?
Thanks
I tried to purchase the two new volumes of the CPMS registers but the paypal link on the CPMS website does not work. Does anyone know the paypal email address the payment can be sent to?
Thanks
Or is demand King in determining value?
This ^^^. I don't think millions will ever be worth as much as solids despite the similar rarity.
Had me fooled as well as everyone at the Toronto Coin club the other day.
Interesting article. It sounds like the Bank of Canada is actually getting a little bit scared that cryptos might start interfering with their money making monopoly. They begin by misrepresenting decentralized cryptocurrencies by saying:
This is wrong on both counts. In the case of bitcoin and most other cryptos there is no issuer. This was the whole point in creating these currencies that the issuer cannot go out business or fall victim to theft or even be shutdown by government agencies since individual users are 100% in charge of their money and not dependent on any third parties.
Ironically these concerns do apply to any central bank issued currencies, crypto or otherwise. Just because they are a government agency hardly makes them immune to theft and/or bankruptcy, as much as they would like us to think that to be the case.
They then go on to admit that:
While they are correct on these two points, again this was the entire point of cryptocurrencies to get give individuals (rather than government bureaucrats) control over their own money. Of course it's highly to the benefit of the government and it's allies to to be able to "control" inflation and magically create loans out of thin air. However this power comes at the expense of savers (whose money is constantly devalued) and the entire productive economy which sees it's resources being diverted towards unproductive (but politically connected) individuals.
I also find it interesting how they constantly talk about "controlling inflation" with the naive implication being that they are fighting against inflation. Nothing could be more ridiculous as they are the only ones with the power to actually cause inflation. Inflation is nothing more than the result of an increase in the money supply carried out by the central bank (in concert with the commercial banks, in accordance to central bank policy).
It should be clear that the real meaning of "control" in this context is to actually cause inflation. I think everyone knows this but the language they use seems to be deliberately deceitful.
Quote
The issuer could
- go out of business, or
- fall victim to cybertheft
This is wrong on both counts. In the case of bitcoin and most other cryptos there is no issuer. This was the whole point in creating these currencies that the issuer cannot go out business or fall victim to theft or even be shutdown by government agencies since individual users are 100% in charge of their money and not dependent on any third parties.
Ironically these concerns do apply to any central bank issued currencies, crypto or otherwise. Just because they are a government agency hardly makes them immune to theft and/or bankruptcy, as much as they would like us to think that to be the case.
They then go on to admit that:
Quote
Private digital currencies could even hurt our ability as a central bank to
- control inflation, and
- act as the lender of last resort
While they are correct on these two points, again this was the entire point of cryptocurrencies to get give individuals (rather than government bureaucrats) control over their own money. Of course it's highly to the benefit of the government and it's allies to to be able to "control" inflation and magically create loans out of thin air. However this power comes at the expense of savers (whose money is constantly devalued) and the entire productive economy which sees it's resources being diverted towards unproductive (but politically connected) individuals.
I also find it interesting how they constantly talk about "controlling inflation" with the naive implication being that they are fighting against inflation. Nothing could be more ridiculous as they are the only ones with the power to actually cause inflation. Inflation is nothing more than the result of an increase in the money supply carried out by the central bank (in concert with the commercial banks, in accordance to central bank policy).
It should be clear that the real meaning of "control" in this context is to actually cause inflation. I think everyone knows this but the language they use seems to be deliberately deceitful.
It's also been tough to find a nice $1 T/A to be honest. The really really tough one is the $2 I/B modified portrait. So frustrating as there are literally thousands of Devil's Face I/B but the modified is extremely rare in any condition.
Attachments:
Hello Dean,
I added your notes here: https://cdnpapermoney.com/notes/entries/7/3/19/89
Please try to add fpn/bpn and images when you are able.
I added your notes here: https://cdnpapermoney.com/notes/entries/7/3/19/89
Please try to add fpn/bpn and images when you are able.
Hi,
I just picked up A/K 2075994 at the Toronto Coin Expo last week. It's a raw note but looks to me to be UNC.
I also own the following 1954 $1000 notes:
A/K 1596390 Lawson-Bouey raw UNC
A/K 0873077 Lawson- Bouey circulated VF
Dean
I just picked up A/K 2075994 at the Toronto Coin Expo last week. It's a raw note but looks to me to be UNC.
I also own the following 1954 $1000 notes:
A/K 1596390 Lawson-Bouey raw UNC
A/K 0873077 Lawson- Bouey circulated VF
Dean
Ok thanks. The note is for sale or trade , if anyone is interested