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Talk amongst yourselves.
"Let it not be said that we did nothing."-Ron Paul
"We have set them on the hobby-horse of an idea about the absorption of individuality by the symbolic unit of COLLECTIVISM. They have never yet and they never will have the sense to reflect that this hobby-horse is a manifest violation of the most important law of nature, which has established from the very creation of the world one unit unlike another and precisely for the purpose of instituting individuality."- A Quote From Some Old Book
No. Bitcoin has value because it is so easy to send anywhere in the world while avoiding centralized banks. Gold may be good to keep in a vault but it has an issue with ease of use online.
let us teach them that all who draw breath are of equal worth, and that those who seek to press heel upon the throat of liberty, will fall to the cry of FREEDOM!!! Spartacus, War of the Damned
BTC: 1AFbCLYU3G1dkbsSJnk3spWeEwpqYVC2Pq
Who moved this thread? It was supposed to question if there's any relationship between physical gold and bitcoin. Now it won't get but a few views and only from the bitcoin crowd.
A bitcoin is always pictured as a gold coin and this morning CNBC commented on bitcoin briefly but both times they quickly (literally for a second) flashed a gold chart before switching to the bitcoin chart.
"Let it not be said that we did nothing."-Ron Paul
"We have set them on the hobby-horse of an idea about the absorption of individuality by the symbolic unit of COLLECTIVISM. They have never yet and they never will have the sense to reflect that this hobby-horse is a manifest violation of the most important law of nature, which has established from the very creation of the world one unit unlike another and precisely for the purpose of instituting individuality."- A Quote From Some Old Book
Interesting question. I would say no because a great deal of BTC current value is not based on anything related to Gold. Were BTC to crash, gold would not.
-Major General Smedley Butler, USMC,There are only two things we should fight for. One is the defense of our homes and the other is the Bill of Rights. War for any other reason is simply a racket.
Two-Time Congressional Medal of Honor Winner
Author of, War is a Racket!
- Diogenes of SinopeIt is not that I am mad, it is only that my head is different from yours.
It could be chalked up to a glitch but I thought CNBC's quick flashings of gold chart before the bitcoin chart, even though gold was not part of the two discussions was very curious. It was almost like a signal. If there were a true decoupling between paper gold and physical gold, how would that be explained and conveyed in mass media? Or would another vehicle, like bitcoin, be used to signal the price of physical? A bitcoin that is always displayed as a gold coin...Originally Posted by jllundqu
"Let it not be said that we did nothing."-Ron Paul
"We have set them on the hobby-horse of an idea about the absorption of individuality by the symbolic unit of COLLECTIVISM. They have never yet and they never will have the sense to reflect that this hobby-horse is a manifest violation of the most important law of nature, which has established from the very creation of the world one unit unlike another and precisely for the purpose of instituting individuality."- A Quote From Some Old Book
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