Quote from: deisik on December 12, 2013, 03:59:18 PM

Quote from: tacotime on December 12, 2013, 03:47:27 PM

Quote from: deisik on December 12, 2013, 03:44:09 PM

Could you please expand more on this? Not saying that you're wrong, just don't get your point and how it is related to the issue at hand, i.e. how unequal distribution of gold deposits could support the gold standard itself and mend its inherent deficiencies?

Sorry, I should have mentioned that these are deficiencies listed on the Wikipedia page for gold standard:
http://en.wikipedia.org/wiki/Gold_standard

See, "disadvantages"

I don't doubt about the disadvantage you advanced here (lol), but I didn't mean this as being a primary disadvantage that I was referring to when I compared Bitcoin "standard" with gold standard and through which, in my opinion, Bitcoin should fail in the end...

Oh, sorry. I was just going through some of the arguments as to why gold doesn't work as a currency, and why Bitcoin solves some (but not all) issues.