Discussion in 'Bullion Investing' started by goldcollector, Mar 17, 2017.
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You buy them with dollars. It's like a stock in someways. If you just bought one for 1200 and its 1000 now you just lost 200 bucks
Sooner or later the governments of the world want oversight.
For instance, China doesn't want wealth to flow out of the country, they want to control that. But with Bitcoin wealth can flow out of the country undetected. They aren't going to allow that.
Imagine if Apple brought back all of their $215 Billion dollars which are overseas in Bitcoin. Would the US Gov't take notice? Would they want to tax those monies? Would the Irish (?) gov't take notice?
Would any gov't want to track and tax money flow?
Doesn't China now want to create it's own electronic currency.
Hard money and Bitcoin are quite literally polar opposites.
Really it should have never been looked at as anything more than an investment, and at this point the time has probably passed where the money was to be made
That's right and IMO just another scheme to hamper PM buying.
And what is the current value in US dollars?
Ooh, wait, I figured out what Bitcoin and hard money have in common - both are preferred by criminals.
Ar, ar, ar yourself.
That's always been my feeling as well that eventually that day will come
I hope this is sarcasm.
And at the mercy of said governments. So called hard currencies can be replaced at any moment with the exchange set by those governments.
Me personally, I'm investing all my spare fiat dollars into collectible bitcoin errors. Might even start my own bitcoin grading service. PBGS - Pawnmonkeys Bitcoin Grading Service.
True enough, but I am not of the Patrick Hellerian school of thought that says money should be removed from governments. To me, controlling (both up and down) the money supply is as core a government function as defense and courts.
Bitcoin errors. Funny. Also redundant. They're ALL errors.
Separate names with a comma.