Post
Topic
Board Economics
Re: Bitcoin and Gold
by
snakebit
on 09/03/2014, 17:02:20 UTC
Before discovering Bitcoin, I was very much a gold bug as a means of preserving my wealth knowing the value of my fiat has been devalued around 98% of its value. But due to the fact I'm in the process of living overseas, I've had to reduce my PM holdings and I currently hold more BTC than PMs. It's a much easier way of transporting wealth abroad without alerting any of the "authorities".

I agree with aminorex, the amount of trolling and just plain ignorance in regards to the overall technology of Bitcoin on ZH is mind boggling. Then again, the quality of discussions on ZH has deteriorated over the years. Though the same can be said of here. I don't really concern myself with skeptics given I heard the same kind of skepticism when the internet was in its early stage.

Speaking of which OROBTC, I am a fan of your posts on ZH as DCRB, and I wish you well on your venture south of the equator. Do you happen to know if fonestar is on this forum?