Re: NEM Official Moderated Thread - One Click Install Is Here[Updates & Discussion]

I thought i'd share this here:

http://www.cryptocoinsnews.com/news/gold-companies-rushing-bitcoin/2014/07/11

I've no idea of the accuracy or legitimacy of the article, but if true, this is absolutely HUGE news - for all crypto's.

I'm one of those individuals who believes Gold and Silver are real money - Crypto's are a very nice solution to a monetary system that is flawed, but crypto's are themselves flawed in the sense that their value isn't backed by anything.

If we get crypto's backed by Gold and other real, tangible assets (You seriously can't get better then gold or silver, though) Then, well, these are very exciting times indeed. I've faith that Crypto's are a solution to the current monetary system we are enslaved by, but it needs something like Gold and Silver to gain the confidence and stability they deserve.

this is Really Huge News!

Gold is money for dudes riding on horses and living in houses made of stone and dirt.

Bitcoin is money for people riding the information highway and living on the 16th floor in a city of millions.

You have absolutely no idea what wealth or value really is do you?

Don't worry, you're not alone. Thats the tragedy of this entire situation, and ironically why Crypto's exist in the first place. It's precisely peoples ignorance of value, currency or money that they've been exploited with a FIAT system for so long. That exploitation is what lead to a loss of faith in FIAT's and people seeking out alternatives -- Bitcoin.

Cryptocurrency is the best solution to the fiat system we have today, but nothing ever tops gold as a store of value. gold or silver getting into cryptocurrency is going to help stabilize their value, and give confidence and faith in them as currencies.