A few days ago, I "Liked" the Facebook page of Andreas Antonopoulos and so his recent interview from Feb 5th with Max Keiser appeared in my news feed today.
During the interview, I noticed some very interesting comparisons being made made between bitcoin and gold which led me to write this post. The video below is cued up to start right before the gold discussion begins at the 22:30 minute mark. Feel free to rewind and watch the entire video later.
http://www.youtube.com/watch?feature=player_detailpage&v=qbFVXNxRRPc#t=1350Here are the gold related quotes that caught my attention:
Bitcoin is gold in the sense that is has unimpeachable value, limited supply, and has all the attributes of gold."
It's gold without the physical burden of carrying it around or trying to slice it into smaller pieces. It can be teleported across the World for very little cost or no cost at all. And it can be sliced into infinitesimal little prices which takes away two of the biggest problems with gold."
It's an improvement on gold in many way. And I think the gold community is beginning to understand. Some of the leading lights are now figuring out in fact this is a technological improvement.
Now what if we took the basic technology of Bitcoin, improved upon it by adding things like a 51% attack defense, and then actually used the name Gold?
Doesn't a coin like that make a hell of a lot of sense: >>> http://gldcoin.com/ 
lol 
