Post
Topic
Board Bitcoin Discussion
Re: Is Bitcoin fading away?
by
minerpumpkin
on 26/07/2014, 16:09:24 UTC
Observing for these months, my strongest feeling is that Bitcoin is fading away with no material object backup. Apart from the geeks, ordinary people who first know about Bitcoin always say "this matter is vague and insubstantial".

Geeks have confidence in crypto-algorithms but ordinary people don't.

So linking Bitcoin to gold may be a good idea.

No, it's actually gaining traction. But could you explain, how you would 'link' Bitcoin to Gold without making it centralized?
edit: centralized, of course