Bitcoin Forum

Bitcoin => Press => Topic started by: cescan on July 28, 2014, 04:57:11 AM



Title: [2014-07-28] Gold Bugs Meet Bitcoin Believers to Supplant the Dollar
Post by: cescan on July 28, 2014, 04:57:11 AM
http://www.bloomberg.com/news/2014-07-28/gold-bugs-meet-bitcoin-believers-to-supplant-the-dollar.html

Despite the skepticism, bitcoin and gold make a natural match, like kittens and milk. Gold, a store of value since ancient times, has long been popular with investors seeking a haven and doomsayers rejecting fiat currencies churned out on central bank printing presses. Bitcoin, cooked up by programmers six years ago, has been embraced by hipster anarchists and others eager to trade online while avoiding the constraints of conventional money. There are signs that the two sides are finally meeting cute.


Title: Re: [2014-07-28] Gold Bugs Meet Bitcoin Believers to Supplant the Dollar
Post by: Chef Ramsay on July 28, 2014, 05:25:20 AM
That's right, BTC has a value at the hu? U want more


Title: Re: [2014-07-28] Gold Bugs Meet Bitcoin Believers to Supplant the Dollar
Post by: Kprawn on July 28, 2014, 01:00:25 PM
Gold is also hyped.

And I qoute one of the people who commented on the article,
" faranginkorat - 99% of the $18 TRILLION mentioned is just paper trading. All the gold ever mined is probably worth less than $7 trillion at current prices."


Cameron Winklevoss and Tyler Winklevoss twins also involved with this.