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RE: Bitcoin Vs Gold - Why I Believe Bitcoin Will Pan Out To Be More Valueable Than Gold
As I read, I kept thinking, "We've really drank the cool-aid if we denominate everything in the paper empty promises of the Fed". We have and we do.
The fed and BTC denominate money in the same way -- with an electronic ledger. The only difference is that the ledger is decentralized in btc. Dollars aren't made out of paper.
The same "way", but not the same "thing" at all.