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Old 04-11-2013, 07:19 PM   #56
Arkie
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The f--- y'all motherf-ckas want?

Join Date: Oct 2003
Posts: 10,625
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Quote:
Originally Posted by DenverBrit View Post
But it's not remotely how a currency works.

It will remain volatile as long as it is traded as a commodity. It has to be indexed to something....gold?......or it will be just another worthless dot com play; volatile with unsustainable valuations and no substance to fall back on.
I'll concede that it's more of a commodity at this very early stage. It's not a worthless dot com play though. Bitcoins take expensive equipment and real energy to mine.

bitcoin mining
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