Post
Topic
Board Currency exchange
Re: Btc <> e-Dinar
by
witek
on 22/11/2012, 14:14:54 UTC
i do not understand why I should exchange my decentrally backed bitcoins with some centrally controlled foreign things I did never hear of?
also gold could one day be expensive enough  to counterfeit it chemically/physically .. bitcoin can adjust the cryptographic level to be save by consensus of the network.
so I do not see an advantage for me in your e-dinar.


counterfeiting gold:
- chemically - even theoretically impossible, so lets file it into fairy story section
- physically - possible today, cost of producing 1g of gold is running in few million $, extremely unlikely to fall below few kilo$ per gram in your and your childrens lifetime