Bitcoins Are Digital Collectibles, Not Real Money

Re:Bitcoins Are Digital Collectibles, Not Real Money by zeteo on Friday April 12, 2013 @03:28PM (#5540526)

Each bitcoin has an attached chain of transactions. If it's a matter of public record that a certain address belonged to say, Stephen Colbert, then you can definitely brag that you own Colbert's bitcoin. (That he donated to the Libertarian Party or something.)

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Re:Bitcoins Are Digital Collectibles, Not Real Money by sageikosa on Friday April 12, 2013 @03:49PM (#5540614)

While it may be possible to value BitCoins that way, that's not the driving force behind current price tracking, any more than a 1933 double eagle or 1804 silver dollar affects the price of gold or silver.

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Re:Bitcoins Are Digital Collectibles, Not Real Money by zeteo on Friday April 12, 2013 @04:05PM (#5540688)

I'm not saying BitCoins are currently used this way. It was just a thought experiment to prove they can acquire extra value from association with particular people or events. Just like other collectibles.

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Re:Bitcoins Are Digital Collectibles, Not Real Money by jondtaylor on Friday April 12, 2013 @04:02PM (#5540682)

I don't think this is the case. My understanding is that wallets have transactions attached.

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