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Re:Bitcoin by analogy by fordh on Friday April 25, 2014 @12:18AM (#7644757)
> ...if transfers worked exactly as handing someone some gold does...

I have never bought gold, other than in jewelry, I suppose, so I could be wrong about this. As I understand it, transferring gold is actually quite difficult, unless you trust the person. Don't you need to weigh it and test it for purity? Bitcoin transactions over long distance are enormously easier than a gold transaction over long distance, I would imagine, too.

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