Post
Topic
Board Bitcoin Discussion
Re: Bitcoin to Become a World Reserve Currency
by
pummle
on 15/08/2014, 19:52:50 UTC
There are a few other factors that make Bitcoin ideal:

-Bitcoin has no counter party risk: no one can devalue them
-Bitcoin can't be confisicated. Unlike gold in 1933:http://en.wikipedia.org/wiki/Executive_Order_6102
-Bitcoin can be sent over the Internet.

The president could issue a similar order regarding bitcoins, it would just be impossible to execute.