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A comment on Bitcoin just passed $5,000. Parent comment

Re:Bitcoin just passed $5,000 by infinite8s on Thursday October 12, 2017 @06:17PM (#15461746)
Here's a big difference - Bitcoin requires the existence of a computer network and all that entails about global stability (computers, electricity, infrastructure). Gold (or any physical medium of exhange) doesn't.
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Re:Bitcoin just passed $5,000 by factsaresacred on Friday October 13, 2017 @02:37AM (#15463662)
Those people that hold gold as a hedge don't hold gold. They hold a database entry on a computer somewhere that assigns them ownership of some gold (supposedly) in a vault somewhere.

This requires global stability, and a great deal of blind trust in multiple third-parties.

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