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RE: The Psychology Behind Bailouts. Why Obama is at the Mercy of Game Theory

in #bailouts8 years ago

I like Bitcoin. I just like gold more. But you're right, politicians can't manipulate bitcoin, which is a huge upside. If bitcoin or cryptocurrencies could be backed by gold, I'd be more convinced. Perhaps there are people working on this application as we speak. One company that I know that is trying to combine the block-chain technology and gold is goldmoney.com formerly bitgold.com. I'm very impressed with their product. You should check them out.

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I do know of them. I think I might one day get some gold too. Right now I think there is more potential in crypto though - if I make a decent amount I will probably put some into gold.

haha, boy was I wrong so far. Crypto is exploding. bitcoin and litecoin to the moon.