Someone just made a $147,239,214 Bitcoin transfer

Re:Someone just made a $147,239,214 Bitcoin transfer by foobarqux on Friday November 22, 2013 @03:51PM (#6783649)

Not really. It is much easier to lose or make illegible a piece of paper or data than it is to lose large heavy gold or to damage the gold to a degree that severely reduces its value.

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Re:Someone just made a $147,239,214 Bitcoin transfer by dragonwriter on Friday November 22, 2013 @04:52PM (#6784005)

OTOH, its hard to make redundant copies of a gold bar that retain the full value of the original so that if the original is damaged, nothing is lost.

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Re:Someone just made a $147,239,214 Bitcoin transfer by foobarian on Friday November 22, 2013 @08:43PM (#6784844)

Actually, you could--you could irradiate the gold to the point where decontamination would cost on the order of the worth of the gold itself.

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Re:Someone just made a $147,239,214 Bitcoin transfer by sejje on Friday November 22, 2013 @10:30PM (#6785071)

I don't know about you, but no, I can't do that.

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Re:Someone just made a $147,239,214 Bitcoin transfer by reillyse on Friday November 22, 2013 @11:50PM (#6785259)

upvote for mentioning the evil scheming of a Bond villain in a serious conversation as a serious answer :)

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Re:Someone just made a $147,239,214 Bitcoin transfer by foobarqux on Saturday November 23, 2013 @10:46AM (#6786264)

No one said it was impossible to damage gold (there are easier wayd than to make it radioactive).

It's just much harder compared to doing comparable or greater value destruction to a bitcoin address, especially accidentally.

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