25 Dec '13, 12am

Bloomberg anchor displays bitcoin on TV, immediately gets robbed by viewer

diamonds and gold are used in a hell of a lot of other applications than jewelry. I think everyone knows diamonds aren't all that rare and are super overpriced in jewelry but they are used extensively in industry for cutting discs (and other applications I'm sure, I don't feel like looking for more examples at the moment). Try to make anything electronic without gold, platinum is currently the best catalyst to use for hydrogen fuel cells. Not to mention, jewelry is valuable. Humans have liked jewelry since pretty much ever. If you have a gold and/or diamond piece of jewelry it has a value to it. You can trade that item for another item. Bitcoins, and other digital currency, only hold a value as long as people are willing to pay real money for them (You are not going to be able to purchase anything with them if people are no longer willing to pay real money for them). Digit...

Full article: http://www.reddit.com/r/technology/comments/1tn2tn/bloomb...

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Bloomberg anchor displays bitcoin on TV, immediately gets robbed by viewer

Bloomberg anchor displays bitcoin on TV, immedi...

rt.com 24 Dec '13, 8pm

Bloomberg anchor displays bitcoin on TV, immediately gets robbed by viewer Published time: December 24, 2013 20:13 Edited ...

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