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RE: Bitcoin has nothing in common with gold - veteran stock broker Peter Schiff

in #bitcoin6 years ago

Gold has no intrinsic value. You can't eat it and it doesn't have a lot of industrial uses. It is used for decorations and jewelry. That is about it.

Gold bars can be injected with Tungsten which has about the same density so you have to trust whoever you got the gold from unless you have a metallurgy lab.

The price of Bitcoin is open and available to everyone and you know what you are getting when you buy it.

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