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You don't live in a gold mine either, but I bet you wouldn't mind owning gold. Same thing with Bitcoin, no?
by johndevor 14y ago
You don't live in a gold mine either, but I bet you wouldn't mind owning gold. Same thing with Bitcoin, no?
- jmharvey 14y agoI can't go into a store and buy a suit with gold, so it's not a useful medium of exchange for me. If gold, or bitcoins, fell out of the sky and into my lap, I certainly wouldn't mind. But given the same value of gold, bitcoins, or dollars, dollars tend to be the most convenient for me.
- BrokenPipe 14y agothe only issue with them is that little by little they lose more and more of their purchasing power so you should either invest or use all immediately
- rjtavares 14y agoI don't own gold either. I can't wait to see the face of doomsayers once Planetary Resources (or other company) starts mining gold from asteroids. I'm sure Gold's intrinsic value will hold up, with the increased supply...