Re:Why you can’t cash out part 1: Bitcoin’s “price” is large...
by mchahn on Sunday December 17, 2017 @11:40PM
(#15949478)
> Gold, on the other hand, is just valuable because it is expensive to produce and has a long history of being valuable. ...
Bitcoins are expensive to produce and if it hangs around very long it will have a long history also. So in the long run bitcoin could be a viable alternative to gold.
Bitcoins are expensive to produce and if it hangs around very long it will have a long history also. So in the long run bitcoin could be a viable alternative to gold.