Post
Topic
Board Mining
Re: Bitcoin Rush Compared to California Gold Rush in 19th Century
by
Swordsoffreedom
on 02/08/2014, 03:49:24 UTC
Bitcoin Rush Compared to California Gold Rush in 19th Century

http://www.ibtimes.co.uk/bitcoin-rush-compared-california-gold-rush-19th-century-1459317

Except if BFL existed in back then the Sheriff would have had those clowns thrown in prison a long time ago for running a con-man scam.  The whole pre-order model would have been nipped earlier.

Except unlike the gold rush BFL is able to both sell the shovels then keep those shovels and mine with them instead of giving them to the miners.
In the gold rush it would be like someone using your ss hovel until its almost broken then selling it to you at market price to go make a new shovel.
The sheriff bribed off or BFL being the clowns they are claiming they did give the miners shovels if only a bit late lol.

Anyways that aside it was a nice infographic.