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31.
by down 9y ago
gold is a 2000 years bubble, which financial regulator, US accounts for 25% of the trading volume, in Japan is legal tender, the problem for 1 single country to let's say ban it, is that you don't want to be left behind, unless yo
32.
by down 9y ago
is not bad, if they sell and the bitcoin price crashes, so what if it crashes, will only get more adoption, because is more useful than gold, especially with the new generation, and gold market cap is so much bigger than bitcoin, I would lo
33.
by down 9y ago
the bitcoin gold algorithm, achieving consensus will be possible, because is a threat to bitcoin existence (user activated), won't be "that simple" but will be another attack and bitcoin will emerge stronger.
34.
by down 9y ago
If the Chinese act bad and there is a fork, even if the Chinese fork has more hash power doesn't mean the market will favor their coin, out contrary, no one will trust their chain, since they acted malicious, who will buy their coins..
35.
by down 9y ago
please take a look at the gold chart after the gold standard was dropped, same volatility.
36.
by down 9y ago
I think a lot of negativity here towards bitcoin comes from not getting in earlier, I had the chance to get in 2016 but I didn't, I was an idiot, other than this we should support it, because f... the banks, money printing, corrupt gov
37.
by down 9y ago
is scarce, is like a social network, make another facebook, "better technically", no one will care, there is only one bitcoin, its value is in the code as much as facebook value is in react and php.
38.
by down 9y ago
I think he confused with ETH, he also mentions south korea banning ICOs, which has nothing to do with bitcoin.
39.
by down 9y ago
As the older generation doesn't get why you would buy a bitcoin and where you would keep it, the newer generation doesn't get why you would buy a shiny piece of metal as in gold bullion and where you would safely keep it. Bitcoin
40.
by down 9y ago
and they store it because there is a market for it, because people find it valuable, if the millennials don't get why a piece of metal has value, there isn't much governments can if no one buys their shiny metal.
41.
by down 9y ago
gold has $7 Trillion and I fail to see how gold is a better store of value, I fail to see why would anyone buy gold bullion for example, is just a piece of metal.
42.
by down 9y ago
I switched today to firefox and it really feels faster, but also I remembered how some things annoys me on Chrome, for example you can't modify new tab to remove everything on Chrome, so in my case, it makes me to click around more and