Quote from: DamienBlack on July 07, 2011, 03:56:22 AM

Quote from: NO_SLAVE on July 07, 2011, 03:51:33 AM

I really dont see BTC being around in 5,000-10,000-25,000-2 million years. Do you?

Gold will be laying or being worn somewhere.

I'm not sure I even believe humans will be around 2 million years from now. All that matters to me is the next 20-50 years. This guy isn't trying to pass on the wealth to his descendants 5,000 years in the future.

In 5,000 year, I expect gold will be a by-product of our cold-fusion reactors. There'll be more of it than we know what to do with. There will be landfills full of the stuff.

If gold has any value in the distant future, it will be manufactured. Completely silly to think gold is a good store of value for the next 25,000-2,000,000 years.

agreed - except i think you're an optimist. i give gold and silver less than 100 years as a store of wealth. nope, there's no long-term future in gold.

hell, there's roughly 25 tons of the stuff in every cubic mile of seawater (concentration varies by location), and almost twice that of silver; according to the USGS:

http://ga.water.usgs.gov/edu/whyoceansalty.html

humans have always been pretty good at extracting things from other things - and sooner or later, seawater will be cracked as well. there's been folks working on it for quite a while. sooner or later...