On 2011-06-11 10:41 PM, Ian G wrote:
We expect money to be a store of value, among a few other things.
BitCoin has nothing in it that speaks to that goal, that I can see [0].
This anti-property would however make it more ideal for a bubble [1].

All money is a bubble. The non monetary value of a bitcoin is exactly the non monetary value of a federal reserve dollar, which is to say, zero.

Gold has real non monetary value, but far less than its monetary value.

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