gold tard and bitcoin tards unite! | |
Anonymous Coward (OP) User ID: 12129872 United States 05/05/2015 09:51 AM Report Abusive Post Report Copyright Violation | new crypto currency backed by gold. right up your alley gold yards. Quoting: Anonymous Coward 12129872 [link to www.businessinsider.com] damn auto-correct, *tards |
Vizzini User ID: 67233645 United States 05/05/2015 10:02 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 69100593 United States 05/05/2015 10:42 PM Report Abusive Post Report Copyright Violation | Bitcoin functions without trust and is completely decentralized and autonomous. I do like the idea, but bitcoin is such a breakthrough in tech that it doesn't need to be backed by anything physical. It backs itself with similar qualities that gold has. It can't be created and is scarce. It cannot tarnish or wear away. It is almost infinitely divisible. It is instantly verifiable, But it knows no boarders or time, unlike gold. You can transact instantly anywhere for free. |