Thread: Bitcoins
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Old 04-09-2013, 10:17 AM   #92
Cowperson
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Join Date: Oct 2001
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Quote:
Originally Posted by Cowboy89 View Post
Bitcoin's very design is to encourage deflation by limiting the amount of bitcoins produced to 21 million, hence it's existing model is completely unacceptable in every way from ever being a dominant widespread means of exchange.
Bitcoin is stating to look ike a Tulip Craze right now.

Gold actually does have a genuine supply/demand aspect to it, used industrially in some uses and certainly in demand in larger amounts in India and other cultures. I'm not too sold on its qualities as a currency in times of global armageddon but . . . . . it is real. You can touch it and use it for something.

Bitcoin . . . . . . not so much.

Cowperson
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