Re:Bitcoin’s Overnight Collapse Probability Is About 50%
by globular-toast on Tuesday February 16, 2021 @11:44AM
(#26155797)
The only plus I can see is a stronger belief that you can't synthesise gold. Synthesising Bitcoin would take an enormous amount of coordinated computing power, but it is technically possible. Other than that I don't see why it matters that gold is a physical thing.
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Re:Bitcoin’s Overnight Collapse Probability Is About 50%
by dougk16 on Tuesday February 16, 2021 @12:07PM
(#26156071)
See my peer comment. You can "synthesize" gold pretty easily. I agree most people don't consider this when buying gold though. So "stronger belief" is still accurate. Unfortunately unscrupulous people make fortunes off of that strong belief.