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SVTPerformance's Chain of Restaurants
Road Side Pub
Bitcoin not for Warren Buffet
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<blockquote data-quote="98SVTContour98" data-source="post: 16417895" data-attributes="member: 127124"><p>Money can be anything....it used to be Shells (bc of it's scarcity/portability/Recognizability)...Bitcoin has the characteristics of money as well (durability, portability, fungibility, scarcity, divisibility, and recognizability)...but it is based on the properties of mathematics rather than relying on physical properties (like gold and silver) or trust in a central government (like fiat currencies). Bitcoin also seems like the next logical step to currency based on the digitization of our world.</p><p></p><p>[ATTACH=full]1640174[/ATTACH] </p><p></p><p>[ATTACH=full]1640175[/ATTACH]</p></blockquote><p></p>
[QUOTE="98SVTContour98, post: 16417895, member: 127124"] Money can be anything....it used to be Shells (bc of it's scarcity/portability/Recognizability)...Bitcoin has the characteristics of money as well (durability, portability, fungibility, scarcity, divisibility, and recognizability)...but it is based on the properties of mathematics rather than relying on physical properties (like gold and silver) or trust in a central government (like fiat currencies). Bitcoin also seems like the next logical step to currency based on the digitization of our world. [ATTACH=full]1640174[/ATTACH] [ATTACH=full]1640175[/ATTACH] [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
Bitcoin not for Warren Buffet
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