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re: Bitcoins were hacked yesterday?
Posted on 4/4/13 at 1:22 pm to Korkstand
Posted on 4/4/13 at 1:22 pm to Korkstand
quote:Nah, it's more like a virtual gold. It's not currency but it can be exchanged to get currency when you need to buy something.
Think of bitcoin as the currency of a virtual nation.
The same people who have been preaching gold is the best answer for sticking it to the Federal Reserve and the 'gubmint' for years on this board are now preaching bitcoins.
Except gold actually exists......
1
Posted on 4/4/13 at 1:34 pm to LSURussian
quote:
Nah, it's more like a virtual gold. It's not currency but it can be exchanged to get currency when you need to buy something.
A valid criticism, and the main reason I think it will be difficult for bitcoin to move out of experimental territory and into mainstream use. It is very successful as far as experiments go, and I think it's a good proof of concept.
quote:
Except gold actually exists......
This criticism is less valid, I think. Do your digital photos not exist?
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