Quote from: aplistir on September 07, 2017, 05:12:28 PM

Quote from: Kprawn on September 07, 2017, 02:55:37 PM

Well, the reason why I do not hold any gold is very easy.... "Executive Order 6102" --- Executive Order 6102 is a
United States presidential executive order signed on April 5, 1933, by President Franklin D. Roosevelt "forbidding the
Hoarding of gold coin, gold bullion, and gold certificates within the continental United States". The effect of the order..
*Why would you want to hoard Gold if the government can simply issue a executive order to confiscate it?

The government can also issue an executive order to confiscate all Bitcoins, if they choose to do so.

Would you give your Bitcoins? Probably not. Would you give your gold? Only if you choose to do so.
Not everyone gave up their gold in 1933, even though owning gold was illegal.

exactly, it's a big if on weather or not a law will actually be enforced; if the government (in these cases) does not have total knowledge of who controls a particular asset and how much of it, they cannot enforce this type of law. in fact, they have zero power to do so, and can only hope to rely on the people being honest and stepping up to disclose their holdings.

Quote from: Soranith on September 08, 2017, 05:09:13 AM

I don't have some gold because the value of gold takes time to go up and we can't easily gold unlike bitcoin and bitcoin is more secure to hold that gold if you keep in your house you might get robbed.

okay and? bitcoin takes time to appreciate in value too (and it can deprecate as well), can people actually not think this far? it seems everyone is hung up on the potential negative or not as positive aspects of an asset and either completely fail to process the fact in their brains that the exact same could be said of the other, or flat out ignore the fact.