Holy cryptocurrencies batman! One ounce of gold: $1,290.60. One Bitcoin: $2,629.00… it's value has increased 338.73% this year. Ethereum (IMO the more interesting of the two) has increased 1634.24% this year.
Bitcoin is worth twice as much as gold
About Paul Spoerry
I’m a groovy cat who’s into technology, Eastern Thought, and house music. I’m a proud and dedicated father to the coolest little guy on the planet (seriously, I'm NOT biased). I’m fascinated by ninjas, the Internet, and anybody who can balance objects on their nose for long periods of time.
I have a utility belt full of programming languages and a database of all my knowledge on databases... I practice code fu. Oh, I've also done actual Kung Fu, and have a black belt in Tae Kwon Do.
I run. I meditate. I dance. I blog at PaulSpoerry.com, tweet @PaulSpoerry, and I'm here on Google+.
I'm currently work for IBM developing web enabled insurance applications for IBM and support and develop a non-profit called The LittleBigFund.
I still think this is the Emperor's new coin.
how do we know currency in general a farce? Because people can just make shit up and it works.
You can and should do your own research as how how and why bitcoin works.
where it came from is also a part of that. Did not say it was perceptually worthless as a result. Remember for a time 'doge coin' carried value..
Is good
Dodgecoin is still valuable. It has a market cap of $393,474,372. How valuable it is to you depends on when you purchased or mined it…. just like ANY cryptocurrency.