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This is a point that I can't help thinking about regularly. Gold and cash, at least 147 million dollars worth is physically difficult to store and transfer. In
by asdfw88342432 13y ago
This is a point that I can't help thinking about regularly. Gold and cash, at least 147 million dollars worth is physically difficult to store and transfer. In most cases it is also difficult to steal.
The equivalent commodity value in BTC can be stored on a tiny rom, and transferred anywhere in the world for free from anywhere with network access.
I hate to be cynical, because the ideals behind this currency seem nobel -- but I can't help but feel dread that it is only a matter of time before bad things start happening here.
Is this outlook too negative?