Post
Topic
Board Bitcoin Discussion
Re: Doug Casey on Bitcoin
by
Torminalis
on 23/06/2011, 12:02:15 UTC
Bitcoins have a History of being traded, albeit a far shorter one.

If a history of tradability is all that one requires in order to be 'backed' then Bitcoins are likely to far better backed in the long run as they have unique properties that Gold simply does not. Try sending gold by Morse code for example.