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Author Topic: Bitcoin Gets Equal Billing with Land, Cash, as "Safe Haven"  (Read 1108 times)
Mickeyb
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September 11, 2015, 08:08:43 AM
 #21

Absolutely great article. In the last 10 days, we had about 10 positive news about Bitcoin, which is really amazing. New companies adopting Bitcoin, articles like this that put us shoulder to shoulder with gold and land, companies researching Bitcoin and the blockchain technology. Very bullish if you are asking me.

Slowly but surely, Bitcoin is getting under the skin of companies, analysts and regular people, which is very important.
jubalix
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September 11, 2015, 08:37:24 AM
 #22

one of the features that BTC has over land cash or gold, is if done correctly it cannot be seized and is immune to court writ or law including capital controls.

This is a massive massive advantage versus any other asset class ever as far as safe haven goes.

Admitted Practicing Lawyer::BTC/Crypto Specialist. B.Engineering/B.Laws

https://www.binance.com/?ref=10062065
MF Doom
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September 11, 2015, 11:17:56 AM
 #23

one of the features that BTC has over land cash or gold, is if done correctly it cannot be seized and is immune to court writ or law including capital controls.

This is a massive massive advantage versus any other asset class ever as far as safe haven goes.

I think gold, if "done correctly" could not be siezed.  If you buy physical, in some way that cannot be traced (in person with cash) and dont go telling people about it and keep it in a safe place, then I dont think it could be seized.
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September 23, 2015, 12:04:50 PM
 #24

Personally I would love to see bitcoin take the place of gold but I think it's going to be another couple of years before we even get close to bitcoin reaching that kind of level.

I think that this "prediction" will never take place. Bitcoin will never be able to reach the role of gold. Because more from the currency bitcoin is a disruptive technology and is this technology that has value. Bitcoin is supported by that and will be always but I doubt that will be able to have someday the role of gold. Even with the support of this kind of technology. Will be two separate things I think. Each will have its role.
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