Reply to post: Re: Isn't this

Chinese Bitcoin farms: From scuzzy to sci-fi

Anonymous Coward
Anonymous Coward

Re: Isn't this

I know you were being tongue in cheek, but gold has a few major advantages over bitcoins. Besides the obvious fact that it has been used as money for thousands of years, it has uses beyond that for jewelry (it looks nice) and industry (it doesn't tarnish and is a very good conductor) It is easier for average people to deal with since it is something you can touch and don't have to worry about your wallet being corrupted or mysteriously disappearing like those using MtGox.

Gold will still be around and still have value in a decade, and in a century. Even bitcoin's biggest proponents can't say the same about it with any degree of certainty. There will most likely be something like bitcoins in a century, but I think it is quite likely actual "bitcoin" will be a footnote in history by that point.

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