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Speculation
Re: Gold collapsing. Bitcoin UP.
by
cocksOut
on
12/02/2015, 15:14:58 UTC
Quote from: cypherdoc on February 11, 2015, 09:53:26 PM
Quote from: o00o on February 11, 2015, 09:09:36 PM
Quote from: cypherdoc on February 11, 2015, 06:34:52 PM
we need to keep Bitcoin focused on the money function. that is what distinguishes it from altcoins and Bitcoin 2.0 platforms and potentially SC's:
http://coincenter.org/2015/02/cryptocurrency-investments-different-securities-investments/
no, bitcoin needs to focus on the gold function,
http://i.imgur.com/GdO3zHg.gif
money is worthless it just passes from one hand to the next. its not a store of value
http://i.imgur.com/ehYCZuK.gif
since you're new here, i'll forgive you. everyone knows that when i talk about Money, i mean Sound Money (fixed supply).
you need inflation to keep up with the growth of the economy. economics 101.