Quote:
Originally Posted by tyler1980
if you think about it, its all a scam. Gold, traditional currency, or bitcoin is only valuable because we decide it is. I don't buy the "tangible asset" argument of gold either. Its all based on what we collectively value it at, nothing more. If confidence falls so does the value which is why bitcoin in particular is very risky as its not as established.
Thats my 2 cents or 0.000001 bitcoin
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What's your take on water?
Do you think it will fail and should I exchange my gold for it?