Post
Topic
Board Speculation
Re: intrinsic value and the value of accounting. why a goldrush will affect bitcoin.
by
kinitex
on 20/01/2014, 10:53:29 UTC
Makes perfect sense but there is sooooo much money in gold it would take decades for this to happen.

It is mind boggling to think about the amount of gold out there though, just sitting there costing millions to store and millions to move, all while serving no real purpose other than a measure of account.