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Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
janos666
on 22/11/2014, 07:09:06 UTC
@macsga

Isn't that quote goes more like: "Gold is money and nothing else."?

Regarding it's creation and distribution concept and of course the way of "mining" it, BTC is as close as possible to a non-materialistic gold, so to speak. And yes; "gold is money and nothing else" is more or less the same thing. But there's also a "something else" that forms a far better alternative nowadays. Wink

I talked about the quote on your picture above.



I looked it up and realized that I also misquoted him. This seems to be the original: "Money is gold, and nothing else."
The argument that Bitcoin is kind of "a gold" is an entirely different debate.