Post
Topic
Board Economics
Re: A Question As Old As Bitcoin
by
bitkilo
on 24/03/2015, 06:40:46 UTC
Bitcoin has the chance of dropping to 0, while gold dont. Right or wrong?

Wrong. Bitcoin Will never go to 0. It will always have value even as a collectors token because of the historical significance. (Confederate dollars also don't have a 0 value either BTW, even despised currency that is obsolete like
Zimbabwe dollar has value- http://www.ebay.com/itm/Zimbabwe-50-Trillion-Dollars-Series-X-2-Pieces-PCS-100-Trillion-AA-2008-UNC-/271480969129?pt=LH_DefaultDomain_0&hash=item3f3586d7a9)

Your joking, do you really think if bitcoin doesn't succeed it will still have value as a collectors token? Maybe physical bitcoins will but what sort of collector would want to purchase a digital currency that has no use.
Confederate dollars have value to collectors because of the history involved and the fact that they are real.
Historical significance of BTC will only last until the next digital currency surpasses it, is anyone still buying ecash to collect?