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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?


To: neolib who wrote (480173)9/27/2021 8:29:22 PM
From: cosmicforce  Read Replies (2) | Respond to of 541141
 
You can't eat either (gold or bitcoin) in a Mad Max scenario. If you have chicken nuggets - they are perishable. Granola - six months. What store of value isn't volatile under some circumstances?

I'll entertain that the 21 million coins are only agreed to be worth something, like the $100 bill. There is far more difficulty in faking a bitcoin than the Fed has done with "faking" the number of $100 bills in circulation with chicanery of repos and reverse-repos.



To: neolib who wrote (480173)9/29/2021 2:36:34 PM
From: bentway  Respond to of 541141
 
Bitcoin isn't a monopoly. Just the most expensive per coin, which drive new suckers(?) to the alternatives, of which there are a ton. All the new 'suckers' imagine being the new billionaires in the new coin they've made a play on.

goldprice.org