Quote:
Originally Posted by ithos
We will no longer need an archaic asset like gold to support the value of our currency once the government accumulates enough BTC.
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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.