Quote:
Originally Posted by ElDiabloJoe
Lol, archaic.
You mean archaic because it has been the ultimate standard since nearly the dawn of human currency, bartering, and trade?
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.
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They both the same, except one can be made into jewelry. They are both backed by a belief system, nothing more. Gold just has a longer history of a belief system than bitcoin.