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Gold and silver etc. are all alternative "money" "loosely" coupled with dollars. Basically Bitcoin is not different form that. The reason I believe bitcoin wil
by chmike 13y ago
Gold and silver etc. are all alternative "money" "loosely" coupled with dollars. Basically Bitcoin is not different form that.
The reason I believe bitcoin will continue to exist and even be supported by states like USA is because transactions are public and traceable. The identity of wallet owner can sometimes even be determined through that.
I guess Banks feel threaten because this currency is not (yet) ~ 80% depth. It is so by design. The depth bubble grown by banks and countries will soon or later burst. Get ready for that moment. I'm not sure that bitcoin is the best placement, but in an placement diversification strategy, this would definitely be one of my picks.