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RE: BITCOIN vs GOLD in Aspen!

in #bitcoin7 years ago (edited)

Nice defense of cryptocurrencies Mr Keiser. The value of money is only determined by it's objective exchange value, even Mises says this. Money does not have any other function than making it easier to exchange products and services with each other. It does not need to have an indusrial use inevitably. The currency that fulfills the conditions of an exchange means the best way, will be the generally accepted money, let the market be the judge!