Science a GoGo's Home Page Forums General Discussion Not-Quite-Science Forum Bit Coin a major means of payment

http://www.usatoday.com/story/money/business/2013/12/05/bitcoin-china-pboc/3876727/

the way I see it...






above you see a image of a currency called the dollar and a currency called a bitcoin.

neither have any real value.
neither are backed by anything that has any real value.

both can be traded on a currency exchange.

for china to claim that bitcoins have no real value , is like
them saying that the time involved in the printing presses they use to print the chinese currency is somehow more valuable than the time it takes to create / process a bitcoin.



china makes alot of interest loaning the money they print on
their printers to the U.S. so , sure they dont approve !!!

its nice to know that there are some in the U.S. that understand that a currency is only as good as the person who is accepting it thinks it is.

and it was that way even back when salt was a currency.

Im glad that Bank of America sees it that way.

its nice to know that the U.S. Government doesnt dictate to
its free peoples which currencies they can buy and sell like communist china does.

Rev,
This thread was about bitcoins to start with. Your posts have nothing to do with the topic stated by the first poster. You need to start a new thread, not hijack an existing one.

Paul, you say What real sense does this make? I agree, that often positive thinking (PT) does have its value. But, IMO, no amount of PT will turn a powerful poison into a cure all, or lead into gold. Unless it has been proved that there is transparent and concrete evidence that a money, or a money system has real value, I say: We need to beware of the BIT CONS, eh! Meanwhile, at all times, be