Gold is also hyped.
And I qoute one of the people who commented on the article,
" faranginkorat - 99% of the $18 TRILLION mentioned is just paper trading. All the gold ever mined is probably worth less than $7 trillion at current prices."
Cameron Winklevoss and Tyler Winklevoss twins also involved with this.
Topic: [2014-07-28] Gold Bugs Meet Bitcoin Believers to Supplant the Dollar (Read 651 times)
July 28, 2014, 12:25:20 AM
That's right, BTC has a value at the hu? U want more
July 27, 2014, 11:57:11 PM
http://www.bloomberg.com/news/2014-07-28/gold-bugs-meet-bitcoin-believers-to-supplant-the-dollar.html
Despite the skepticism, bitcoin and gold make a natural match, like kittens and milk. Gold, a store of value since ancient times, has long been popular with investors seeking a haven and doomsayers rejecting fiat currencies churned out on central bank printing presses. Bitcoin, cooked up by programmers six years ago, has been embraced by hipster anarchists and others eager to trade online while avoiding the constraints of conventional money. There are signs that the two sides are finally meeting cute.
Despite the skepticism, bitcoin and gold make a natural match, like kittens and milk. Gold, a store of value since ancient times, has long been popular with investors seeking a haven and doomsayers rejecting fiat currencies churned out on central bank printing presses. Bitcoin, cooked up by programmers six years ago, has been embraced by hipster anarchists and others eager to trade online while avoiding the constraints of conventional money. There are signs that the two sides are finally meeting cute.
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