Quote from: raven7886 on November 27, 2016, 08:05:20 AM

Quote from: deisik on November 26, 2016, 08:46:33 PM

If Bitcoin is set to be just a replica of gold, where is innovation here?

An innovation does not need to be a complete alien thing.

Gold was a successul medium of exchnage of olden ages. So, obviously its replica may get more possibilities for similar success. I meant to say, if money is a product of innovation, then a latest inclusion in that series must be bitcoins.

When centralised currencies are in dominance, bringing up decentralized assets (even if it is an existing one) must an innovation.

That's true, bitcoin being decentralized and getting such a big acceptance and adoption is just due to the uniqueness it has got. Without doubt bitcoin as a currency and alternate investment is truly a best innovation of the modern and digital world.