Message:

<p>[QUOTE=&quot;calcol, post: 8225954, member: 77639&quot;]99+% of my financial transactions are digital.&nbsp; So, hardly hand-holdable.&nbsp; But they’re transacted in dollars, euros or pounds.&nbsp; Not in any digital currency.</p><p><br /></p><p>I’m not a fan of digital currencies.&nbsp;&nbsp; Buying them with “real” money is just a form of currency speculation.&nbsp; Worst problem is lack of stability.&nbsp; Folks want their medium of exchange and value to be reasonably stable.&nbsp;&nbsp; Digital currencies hardly have stability.</p><p><br /></p><p>In addition, there is a flaw in the way digital currencies were constructed … namely, they disappear eventually because there is no renewal process for lost currency.&nbsp; The loss is mainly through folks losing or forgetting passwords or disappearing or dying with no one else knowing their password.&nbsp; I’ve seen estimates that as much as 20% of BitCoin is gone already.&nbsp; Mining only brings the total amount of BitCoin generated closer to its absolute cap of 21M.&nbsp; Eventually only a token <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" /> amount will be left or perhaps none.</p><p><br /></p><p>Cal[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in