Bitcoin, gold and competitive currencies

youtube.com 20 Sep '12, 6pm

Bitcoin, gold and competitive currencies

Subscribe to our newsletter at http://www.goldmoney.com/goldr<wbr>esearch. GoldMoney's James Turk interviews Félix Moreno de la Cova, who is a studied economist, trader and GoldMoney contributor. They discuss the idea of currency competition and talk about the pros and cons of Bitcoin and digital gold currencies. Félix explains the working mechanisms behind Bitcoin, which is a digital currency. He talks about the decentralised Bitcoin protocol, which is the DNA of Bitcoin and assures that bitcoins will not be double-spent. He states that Bitcoin can't be shut down unless the whole internet gets shut down. They discuss the differences, but also the similarities between Bitcoin and digital gold currencies. James Turk points out that using tangible assets as money eliminates counterparty and payment risk. Félix states, that the amount of minable bitcoins is limited similar to...

Full article: http://www.youtube.com/watch?v=wfzHC7Pf2fk

Tweets

@fear_n_clothing » 25 Sep '12, 8am
A very interesting talk about the pros and cons of Bitcoin and digital gold currencies. Félix explains the... [link]
@timoncc » 22 Sep '12, 9am
@FGMR The main backing of #gold is monetary demand just like with #bitcoin. e-Gold is #credit, not #cash. Great video [link]
@Technom4ge » 21 Sep '12, 12pm
Bitcoin, gold and competitive currencies by Gold Money. Spent 2 hours last night debating in the comments. [link] #bitcoin
@Bittirahafi » 21 Sep '12, 12pm
Bitcoin, gold and competitive currencies feature video by Gold Money. Interesting discussion. [link] #bitcoin
@BitCoinReporter » 20 Sep '12, 6pm
Bitcoin, gold and competitive currencies [link] #bitcoin
@trufae » 17 Oct '12, 1pm
Bitcoin, gold and competitive currencies - [link]
@JohnKitover » 02 Oct '12, 12am
Bitcoin, gold and competitive currencies [link]
@fcicq » 22 Sep '12, 11am
Bitcoin, gold and competitive currencies [link]
@MadeInChimerica » 21 Sep '12, 5pm
Bitcoin, gold and competitive currencies [link]
@Pecuniology » 21 Sep '12, 10am
Bitcoin, gold and competitive currencies [link]
@ElMoIsEviL1981 » 21 Sep '12, 12am
Bitcoin, gold and competitive currencies [link]
@LFCapitalism » 21 Sep '12, 12am
Bitcoin, gold and competitive currencies [link]
@secp256k1 » 20 Sep '12, 8pm
Bitcoin, gold and competitive currencies [link]
@Mr_E_Management » 20 Sep '12, 7pm
Bitcoin, gold and competitive currencies [link]