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To: CharlesWayneCT
They require that you have money to buy expensive processors. Then you let computer programs run.

That is far more effort than what it takes to create FRNs. I don't mean to imply that bitcoins are as good as gold but at least they have some value. If anything they represent the value of the infrastructure. FRNs have negative worth!

64 posted on 03/01/2014 7:00:48 PM PST by Count of Monte Fisto (The foundation of modern society is the denial of reality.)
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To: Count of Monte Fisto

I have little interest in gold as a currency either, so being “good as gold” would just make it another investment in my mind. I realize that gold has been around a long time and people have irrationally treated it as a valuable and transferable asset.


66 posted on 03/01/2014 7:41:26 PM PST by CharlesWayneCT
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