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.
Geeks have confidence in crypto-algorithms but ordinary people don't.
So linking Bitcoin to gold may be a good idea.
Oh really ? Bitcoin does not need to be baked by the yellow metal. It is backed by a strong community that is growing every day. And FIAT exchange rate of bitcoin has nothing to do with bitcoin's true value. That is just an index for traders.
