Does no one remember e-gold? The first digital currency backed by gold?

[Interized]

Research them and they are a perfect example of why gold CANNOT be used as currency.

The act of using materials like gold for exchanging goods causes inflated value of said material. Mainly due to regulators/terrorists/etc.

Gold does not have a system, gold does not show its past present and possible future, like Bitcoin.

We cannot easily store vast amounts of wealth with gold or any other material.

This is why the matrix system is coming and we will all one day be living in cyber space worlds.

No, man will not travel through outer space physically, but by mentally controlling machines safely in a remote location on this planet.

Say this with me:

Gold and any other physical material cannot and will not ever be used as currency/money/medians for exchange, etc.

It just doesn't make sense for the future of mankind.

[odolvlobo]

At first, I thought you were uninformed, but then you wrote about The Matrix as if it were real. Now, I just think you are delusional.

[bitgeek]

This topic should interest you.
https://bitcointalk.org/index.php?topic=444279.new#new

[elavenil]

yes i remember. I had e-gold and people purchased short e-gold number also.

[atc1]

Yeah,I remember OSGold. It was supposed to be based off E-Gold,but turned out to be a ponzi scheme exploiting the craze of the e-gold rush.