China Central Bank Advisor: "Bitcoin As A Currency Could Collapse Entire Economies"
An advisor to China's central bank, Sheng Songcheng, said that virtual currencies like bitcoin are assets but do not have the fundamental attributes needed to be a currency that could meet modern economic development needs. Speaking in an interview with financial magazine Yicai, the PBOC advisors said that the adoption of Bitcoin as a national currency by a country "could lead to its economic collapse."
from zerohedge.com
Gold didn't. Why Bitcoin could?
i believe.... Gold will collapse the dollar soon or later.
could bitcoin collapse the yuan?
Fiat currency fluctuating against Bitcoin.
haha. that sounds really good