Quote from: pereira4 on March 15, 2015, 12:04:58 AM

Quote from: picolo on March 14, 2015, 11:55:09 PM

Quote from: deisik on March 14, 2015, 11:52:47 AM

Quote from: Honeybooboo on March 14, 2015, 11:36:15 AM

I think bitcoin is the first truly global currency and it truly does have the power to be a borderless, worldwide currency. My dream is that it just catches on so everybody else sees it like this because without being able to spend it at many places across the world it is kinda useless as a currency but I think this will change over time.

Gold was (and still remains) the first true and truly global currency by any means and thus for hundreds of years already. Whether bitcoin will be able to make it like gold did, remains to be seen. Personally, I think bitcoin is currently stuck between fiat and more apt cryptocoins, so it is not given that it won't be supplanted by them eventually...

For thousands of years...And it remains seen as a store of value and potential mean of exchange. Gold is also useful in a lot of industries including the jewelery industry.

Bitcoin is already more useful than gold. In an scenareo where there is no internet and we are back to middle ages maybe, but in modern society Bitcoin is way more useful than the alleged gold's intrinsic value.

How is it already more useful than gold and for what purposes specifically? I know about two ends that bitcoin is really useful for on a larger scale today, that is, for trading as a device for speculation, and for online gambling. What is your pick?