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Platinoid
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What are gold, silver and bitcoin doing to each other?

- Jan Skoyles Real Asset Co - The Real Asset Co

Exactly how is Bitcoin not a fiat currency?
Because bitcoins don't come in a paper format?

What is the real difference between "fiat" and "virtual"?

Sophisticated equities investors should be able to profit
on bitcoin trades, but even tulips could grow from bulbs,
and when you lose all your cash in a bitcoin market, you won't
even be able to get those stupid worthless tokens in a bag to use as a door-stop.

Can you imagine paying interest when you never borrowed capital?
Can you imagine buying a photograph of a car, for the same amount as
the car itself?

Bitcoin is not just a virtual currency, it is a pretend currency.

Maybe it is time for Parker Brothers to start selling Monopoly
money as though it is a virtual currency.

Folks, unless you are a sophisticated day-Trader, forget bitcoins,
buy some real Gold and Silver coins....sheeesh.....

DCA, all the way.

Commented 3964 days ago

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Beginning of the headline :A momentous thing just happened. Bitcoin hit $1,000. Is it a bubble? Who knows, but one thing is for sure, you can buy a lot more gold and silver with one bitcoin than you could a year ago. There are many parallels between bitcoin and gold, both are alternatives to fiat money, both are faceless currencies and both have limited supplies. However, in the last two years one has seen its price climb from $7 to $1000, the other has fallen from $1,900 to $1200. Debating if bitcoin is the new gold. We ... Read More

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