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A comment on MtGox.com is offline. Parent comment

Re:MtGox.com is offline by cmdkeen on Tuesday February 25, 2014 @04:44AM (#7296581)
Are you a qualified assayer? You trust the other person is giving you gold, or you trust the individual who tests it. You trust the system that provides you with an understanding of the relative value of the gold you're holding so that you aren't massively overpaying.

There's a reason Jesus through the money changers out of the temple - they were abusing that 3rd party trust.

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Re:MtGox.com is offline by tlrobinson on Wednesday February 26, 2014 @02:22AM (#7303498)
Ok, this is one area where Bitcoin is demonstrably better than pretty much any other form of money: it's cryptographically impossible to counterfeit.
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