Quote from: GreenBits on May 25, 2016, 09:14:49 PM

Notice how the most senior members tend to suggest gold as a safer value store for long term storage (self included)?

At this point, all these years after it has started, this is still a technology under development. Bitcoin is more of an investment than a value store, imo. As with all investments, please people, never invest more than you can afford to lose. Despite how improbable, we cannot predict the future. Protect your value.

Quote from: QuestionAuthority on May 25, 2016, 08:53:28 PM

Gold can be used to make really expensive chocolate deserts. Try that with Bitcoin.

Does a brownie with a paper wallet wrapped around it count? Grin

Try telling your girlfriend this paper ring is worth a bunch of money and see how that works out for you.

Convince NASA to start using corrosion proof paper circuits in their satellites.

The point is, gold has intrinsic value, Bitcoin does not. Don't compare Bitcoin to commodities because it can't complete. Compare it to other worthless pieces of paper that have no value other than the value people agree to give it. Bitcoin = dollars is ok Bitcoin = gold not ok