2013-06-02 Calculating The Long-Term Value Of A Bitcoin

[lewisg]

http://techcrunch.com/2013/06/02/calculating-the-long-term-value-of-a-bitcoin/

Bitcoin has many gold-like properties (limited supply, divisible, fungible) plus more (don’t have to carry it with you physically, can’t be seized, highly deflationary while its popularity increases). According to Wikipedia, the world’s gold reserve is valued at $7.65 trillion.

[phatsphere]

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