Re:Please remove mitsuhiko/*
by tim333 on Saturday November 01, 2014 @05:48PM
(#8544753)
>[gold has] durability, portability, uniformity and divisibility.
You could argue bitcoin effectively has those qualities too. It also has a cost to mine which may peg its cost in the same way that the cost to mine gold does its.
The thing that worries me about bitcoin as an investment is it can be replaced easily by dogecoin or whatever-coin with basically the same properties whereas there is nothing else quite like gold.
You could argue bitcoin effectively has those qualities too. It also has a cost to mine which may peg its cost in the same way that the cost to mine gold does its.
The thing that worries me about bitcoin as an investment is it can be replaced easily by dogecoin or whatever-coin with basically the same properties whereas there is nothing else quite like gold.