> Gold is inherently useful as a tangible object with exploitable physical properties. Gold, for example, has good conductivity and is used to plate electrical connections. Gold is also useful for its rust-resistance.
Do you really mean to say gold's rust-resistant properties are to blame for it's exceedingly high price on the market?
Fact: In 2013, Bitcoin is the world's easiest way to send a standardized indicator of wealth from one person to another. Forget anonymity, forget open source, forget deflation, forget amateurs building Ruby on Rails websites poorly!
Bitcoin's #1 benefit is the ousting of intermediaries. Because Bitcoin transactions can occur directly between two people without any third party involvement, the platform upon which people trade Bitcoin for goods and services becomes irrelevant. With Bitcoin, the platform only matters to the extent it aids in the market discovery process.
I for one see inherent value in a currency I have control over 24/7, that I can literally park in my brain never to touch the public Internet, carry with me everywhere I go, send to anyone, anywhere at any time, instantly and without an intermediary. If you see no value in that, honestly, what is there to say. Good luck with your financial goals in 2013.
Do you really mean to say gold's rust-resistant properties are to blame for it's exceedingly high price on the market?
Fact: In 2013, Bitcoin is the world's easiest way to send a standardized indicator of wealth from one person to another. Forget anonymity, forget open source, forget deflation, forget amateurs building Ruby on Rails websites poorly!
Bitcoin's #1 benefit is the ousting of intermediaries. Because Bitcoin transactions can occur directly between two people without any third party involvement, the platform upon which people trade Bitcoin for goods and services becomes irrelevant. With Bitcoin, the platform only matters to the extent it aids in the market discovery process.
I for one see inherent value in a currency I have control over 24/7, that I can literally park in my brain never to touch the public Internet, carry with me everywhere I go, send to anyone, anywhere at any time, instantly and without an intermediary. If you see no value in that, honestly, what is there to say. Good luck with your financial goals in 2013.