Talk of The Villages Florida - View Single Post - Anyone else preparing for a big selloff?
View Single Post
 
Old 11-23-2024, 12:54 PM
ElDiabloJoe ElDiabloJoe is offline
Gold member
Join Date: Aug 2021
Posts: 1,470
Thanks: 102
Thanked 1,628 Times in 618 Posts
Default

Quote:
Originally Posted by ithos View Post
We will no longer need an archaic asset like gold to support the value of our currency once the government accumulates enough BTC.
Lol, archaic. You mean archaic because it has been the ultimate standard since nearly the dawn of human currency, bartering, and trade? Archaic because it has been here long before you, and will continue to be valued for millenia after we all fade away?

However Bitcoin (BTC) is brand spanking new, backed by nothing, made up by an anonymous person, totally ephemeral, and may as well be called Vapor Coin, because that is all it is. Vapor.

Yeah - You put your money in that, and I'll stick with gold. Ya know, I'll keep that archaic stuff that's been proven for more centuries than years you've been alive.
__________________
Chino 1960's to 1976, Torrance, CA 1976-1983, 87-91, 94-98 / Frederick Co., MD 1983-1987/ Valencia, CA 1991-1994/ Brea, CA 1998-2002/ Dana Point, CA 2002-2019/ Knoxville, TN 2019-Current/ FL 2022-Current