Why? Gold has the same basic economic proposition: \* Mined at a steady and pred... | Hacker News

Hacker News new | past | comments | ask | show | jobs | submit

login

alex_young on June 30, 2016 | parent | context | favorite | on: Winklevoss Bitcoin Trust

Why? Gold has the same basic economic proposition: * Mined at a steady and predictable rate * Ecologically destructive * Valued because it is hoarded * Hoarded because it is valued

jrockway on June 30, 2016 [–]

Can you plate Bitcoins on to metals to produce a layer that doesn't corrode or oxidize? Because gold is pretty good at that.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact