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Title: 2013-04-06: dailyreckoning - Why a Bitcoin is as Good as Gold Post by: David M on April 06, 2013, 12:18:57 AM http://www.dailyreckoning.com.au/why-a-bitcoin-is-as-good-as-gold/2013/04/06/
A couple of novel thoughts. Quote In other words, Bitcoin used computer code to reject what is seemingly the key advantage of computer code: its status as a nonscarce good. Instead, it built scarcity into the code. Incredible, isn't it? Title: Re: 2013-04-06: dailyreckoning - Why a Bitcoin is as Good as Gold Post by: xcsler on April 06, 2013, 01:40:31 AM Wow this is a great article and should be required reading for everyone.
It really underscores the brilliance and value behind the code and explains it in layman's terms with historical context to boot. I think Tucker must have got some help with this as he just started getting into BTC recently. Maybe he's a really quick learner and I'm not giving him enough credit though. Title: Re: 2013-04-06: dailyreckoning - Why a Bitcoin is as Good as Gold Post by: gnar1ta$ on April 06, 2013, 02:32:22 AM This is really good. Most press just revert to gold is better, gold is best, gold gold gold... Great to see someone who understands Bitcoin offers some advantages over gold.
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