remotemass (OP)
Legendary
 Offline
Activity: 1117
Merit: 1016
ASMR El Salvador
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January 15, 2014, 05:35:21 PM |
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There are about 210,000,000 kg of gold in the world.
And so, 1 BTC is comparable to 10 Kg of gold.
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{ Imagine a sequence of bits generated from the first decimal place of the square roots of whole integers that are irrational numbers. If the decimal falls between 0 and 5, it's considered bit 0, and if it falls between 5 and 10, it's considered bit 1. This sequence from a simple integer count of contiguous irrationals and their logical decimal expansion of the first decimal place is called the 'main irrational stream.' Our goal is to design a physical and optical computing system system that can detect when this stream starts matching a specific pattern of a given size of bits. bitcointalk.org/index.php?topic=166760.0 }
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Unlike traditional banking where clients have only a few account numbers, with Bitcoin people can create an unlimited number of accounts (addresses). This can be used to easily track payments, and it improves anonymity.
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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whtchocla7e
Full Member
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Activity: 392
Merit: 116
Worlds Simplest Cryptocurrency Wallet
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January 15, 2014, 05:44:26 PM |
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Bears have a brain of size comparable to human brain.
So bears are as intelligent as humans.
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steamon
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January 15, 2014, 06:12:47 PM |
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If btc get world accepted then it will hold such price to.  |
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cryptomining
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January 15, 2014, 06:29:30 PM |
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There are about 210,000,000 kg of gold in the world.
And so, 1 BTC is comparable to 10 Kg of gold.
your comparing money to the illusion of money. |
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Lauda
Legendary
Offline
Activity: 2674
Merit: 2965
Terminated.
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January 15, 2014, 06:32:58 PM |
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There are about 210,000,000 kg of gold in the world.
And so, 1 BTC is comparable to 10 Kg of gold.
your comparing money to the illusion of money. Bitcoin is money and gold is the illusion. |
"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks" 😼 Bitcoin Core ( onion) |
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cryptomining
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January 15, 2014, 06:50:53 PM |
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There are about 210,000,000 kg of gold in the world.
And so, 1 BTC is comparable to 10 Kg of gold.
your comparing money to the illusion of money. Bitcoin is money and gold is the illusion. history and the very definitions disagree with you. |
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LiteCoinGuy
Legendary
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Activity: 1148
Merit: 1010
In Satoshi I Trust
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January 15, 2014, 06:52:12 PM |
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There are about 210,000,000 kg of gold in the world.
And so, 1 BTC is comparable to 10 Kg of gold.
at least  |
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rafamadeira
Member
Offline
Activity: 79
Merit: 10
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January 15, 2014, 06:55:26 PM |
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Bears have a brain of size comparable to human brain.
So bears are as intelligent as humans.
This. |
Insert Coins Here: 1GWz2R7NKVgtYg8yYQ7bbzDZWyRLXoitBN
Thank you Sir!
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Lauda
Legendary
Offline
Activity: 2674
Merit: 2965
Terminated.
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January 15, 2014, 07:44:18 PM |
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history and the very definitions disagree with you.
Future history will disagree with you disagreeing. |
"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks" 😼 Bitcoin Core ( onion) |
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mgio
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January 15, 2014, 07:47:37 PM |
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There are about 210,000,000 kg of gold in the world.
And so, 1 BTC is comparable to 10 Kg of gold.
your comparing money to the illusion of money. Bitcoin is money and gold is the illusion. cryptomining is this forums latest troll. best just put him on ignore and move along. |
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countryfree
Legendary
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Activity: 3052
Merit: 1047
Your country may be your worst enemy
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January 15, 2014, 07:53:22 PM |
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No. BTC and gold are very different. You'd have trouble crossing borders and getting on a plane with 10 kg of gold.
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I used to be a citizen and a taxpayer. Those days are long gone.
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KJO
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January 15, 2014, 08:14:10 PM |
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There are about 210,000,000 kg of gold in the world.
And so, 1 BTC is comparable to 10 Kg of gold.
your comparing money to the illusion of money. Bitcoin is money and gold is the illusion. I know what you are trying to say but you misunderstand the energy component of money vs currency and you also misunderstand cryptomining's presumption which is absolutely correct. MONEY = ENERGY ENERGY = VALUE VALUE = MONEY Gold is intrinsically valuable because of the massive labor energy required to find, extract, and refine it. It is extremely rare and so is a bitcoin. This exactly why mining is required. Without mining, a bitcoin has no stored energy and therefore no stored value. Both gold and bitcoin operate on the same principles of sound money. They are both stores of value. Gold has been real money for 6000 years. Bitcoin is in its infancy but with more exposure will gain confidence and it turn will gain wider acceptance. But to call gold an "illusion" is simply ignorant of the basic fundamentals of money theory. |
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Meuh6879
Legendary
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Activity: 1512
Merit: 1011
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January 15, 2014, 08:16:41 PM |
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Gold is useless ... when i want to buy online a TV  BTC ... no I don't have touch gold since i was born ... so it not today that i touch them.  |
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KJO
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January 15, 2014, 08:50:39 PM |
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There are about 210,000,000 kg of gold in the world.
And so, 1 BTC is comparable to 10 Kg of gold.
your comparing money to the illusion of money. Bitcoin is money and gold is the illusion. cryptomining is this forums latest troll. best just put him on ignore and move along. Dont hate cryptomining simply because you do not understand simple basic economics and commodities. He's not a troll, he is simply teaching you kids the truth. Gold is no illusion. Your lack of education is the illusion. Its better to educate yourselves now before your ignorance hurts somebody. Gold & Bitcoin work hand in hand. |
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RodeoX
Legendary
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Activity: 3066
Merit: 1145
The revolution will be monetized!
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January 15, 2014, 08:53:42 PM |
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Where do I go to exchange this bitcoin for a 10kg. gold bar?  |
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Markov
Sr. Member
Offline
Activity: 258
Merit: 250
Breizh Atao
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January 15, 2014, 08:55:08 PM |
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How do you carry 10kg of gold around? Much easier 1btc.
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RodeoX
Legendary
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Activity: 3066
Merit: 1145
The revolution will be monetized!
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January 15, 2014, 09:22:58 PM |
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How do you carry 10kg of gold around? Much easier 1btc.
With 10 kilos of gold; my servants will carry it. |
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Sauzer00
Newbie
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Activity: 45
Merit: 0
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January 15, 2014, 09:27:11 PM |
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lol with 10k u are not gonna have any servant in any evolved country. Otherwise ur 10k are gonna end up pretty quickly |
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cryptomining
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January 15, 2014, 09:33:03 PM |
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its p2p fiat not money these are simple definitions, look them up
money
currency
fiat
intrinsic value
store of value
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cp1
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January 15, 2014, 09:33:18 PM |
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There are about 210,000,000 kg of gold in the world.
And so, 1 BTC is comparable to 10 Kg of gold.
There are 2 billion dimes in the world. So 10 dimes are worth 1 kg of gold. |
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