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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Haim R. Branisteanu who wrote (172216)5/23/2021 5:41:12 PM
From: TobagoJack  Read Replies (1) | Respond to of 218817
 
crypto bitcoin is almost perfect as money except that the authorities have no easy control over the beast

gold evolved and transmitted to become money, then retreated to status of near-money, for its features, one of which is its near-total-uselessness

money, we are told, should only be used as money, fungible, divisible, portable, and keeps good memory

Re <<gold may be precious but not so rare>> made gold perfect

The metaverse equivalent might be "bitcoin may be precious but crypto not so rare"

fun to dwell on.

I find it difficult to near-impossible to subscribe to the idea that crypto network value translates to monetary worth, but then I think, what is gold?

gold is brand-name / social-network / track record proven / ... ...

currently bitcoin undergoing trial by tsunami

gold graduated long ago