Post
Topic
Board Bitcoin Discussion
Re: mBTC@20 Thoughts on mBTC for ATMs and mass Bitcoin adoption by the public
by
CryptoClub
on 01/04/2014, 23:16:20 UTC
Would you rather buy 1g of gold for $43 or 1oz for 1250?

I think the notion of "Bitcoin=Internet gold" is entirely erroneous and limits BTC greatly. That is why people think it is too expensive, and dangerous, and all the other nonsense we keep hearing. They associate it with gold rather than a slice of something that may end up being as transformative the internet itself. As for the question, I would rather buy one gram at $43 and have it worth about $25k over a few years, instead of a limit of $1250 or so.