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A comment on Warren Buffett: Stay Away From Bitcoin. It's A Mirage. Parent comment

Re:Warren Buffett: Stay Away From Bitcoin. It's A Mirage by pjc50 on Friday March 14, 2014 @11:59AM (#7399685)
Moreover, that kind of currency collapse is connected to balance of payments; in the case of Weimar, having to ship a substantial amount of gold continuously to France, and in the case of Zimbabwe a collapse of local agriculture due to land confiscation and redistributing to people who couldn't farm.
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Re:Warren Buffett: Stay Away From Bitcoin. It's A Mirage by dllthomas on Friday March 14, 2014 @02:01PM (#7400623)
"having to ship a substantial amount of gold continuously to France,"

And having to print Marks to buy that gold, at whatever price was being asked, from people who had no particular need for Marks.

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