Quote:
Originally Posted by Cowperson
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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Ignoring the industrial applications of it which the price does not support it is about as useful as a purple rock.
Gold itself may be real but the current value of gold is based substantially on it being a hedge against paper money. It that sense a Bit Coin is equivalent.