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Old 03-30-2013, 02:05 PM  
Due
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Join Date: Mar 2001
Location: Murrieta, CA
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Quote:
Originally Posted by Paul View Post
Depending on how it plays out it could be more convenient than gold if more companies start accepting it as a payment method, it's very easy to transfer.

Ever try selling physical gold? Right fucking pain in the ass!
You can buy gold contracts where it's stored in a secure location and you just have a contract that is proof of ownership, you typically pay a "storage fee" based on the amount you own.

Really easy to buy and sell.
Gold have a value in terms of status since its used in the real world.. bitcoins do not so I can't see how it compares ?
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