Post
Topic
Board Bitcoin Discussion
Re: I am pretty confident we are the new wealthy elite, gentlemen.
by
lophie
on 19/11/2013, 04:42:09 UTC
At the same time, the destruction of the legacy financial system will send stocks and real estate to all-time lows.

I doubt it. Stocks and real estate are tangible wealth. Currency is merely something used to purchase wealth.

Today I took a piece of paper saying I own stocks in apple and wiped my ass with it, indeed tangible wealth!
and how dare you call Bitcoin just a "Currency" and compare it to the worthless fiat? Bitcoin is a digital commodity and it is as tangible as everything else, I just carried my phone with mycelium wallet and it is quite heavy for a non tangible asset.