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<p>[QUOTE=&quot;InfleXion, post: 2659849, member: 29012&quot;]I thought about buying BitCoin when it was $3, but I never could bring myself to buy something that was so contrary to why I invest in gold and silver. Precious metals are tangible wealth that you can carry with you. BitCoin is a sophisticated currency that is dependent upon public services, and has no intrinsic value other than some electrons. It has value only because someone is willing to pay for its utility as a service, not as goods like metals which also provide the services of money. They&#039;re not the same thing at all. BitCoin is a risky investment, and there&#039;s nothing to stop competing cryptocurrencies from leeching off its market share. It&#039;s great as a currency though, if you like grid dependency.[/QUOTE]</p><p><br /></p>

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