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rfcgold3
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More Dirt on the Bitcoin

- Hugo Salinas Price - Plata.com

BITCOINS are real and are an amazing currency .
unlike gold which can be confiscated and can not be traded directly for goods easily .
Bitcoins can not just be printed by governments and are real money .
Bitcons have phenomenal potential . and do not cause massive pollution in their production
unlike gold which legacy of production is massive pollution just look at the acid mine legacy in South Africa which threatens the water supplies of millions of people .
it is a bit daft to dig something useless out of the ground only to rebury it in some secure vault and say that this practice represents real value .
its a non starter in real human terms .
just idiocy . but just printing money is imo just madness .
when it goes wrong and it will god help us all
Don't continue to dish bitcions from a position of non comprehension
thank you

Commented 3289 days ago

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Beginning of the headline :Suppose someone wished to sell his house, way back in the 1890's when gold was used as money, and somebody came to that person and said, "I'll give you "x" ounces of gold for your house", and suppose the offer was accepted. This was a commercial operation, where goods traded hands - the owner of a house sold a house, and received gold; the other party delivered some gold and purchased a house. When, bygone days, a house was sold for gold coins, all that the seller had to regard was the quantity... Read More

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