Post
Topic
Board Speculation
Re: Will Gold and Silver lose all its speculative value to Bitcoin?
by
wachtwoord
on 22/11/2013, 14:18:32 UTC

All of Bitcoin's rules require math only and no electricity. As I said, it's impossible to place transactions in blocks without electricity. However this is always impossible with gold. So, without electricity, Bitcoin will merely fall back to the less efficient solution used by gold. I don't think I can spell it out even more.

Gold doesn't require a "block", math or anything digital to be used as a medium of exchange.  

Neither does Bitcoin. This what you seem to fail to comprehend. Good luck Wink