Quote:
Originally Posted by Sunny Day
US Dollars have "No Real Value." But at this point I can trade them for goods, services or other currencies. If BitCoins go south, all I have is at best a screen capture of the "coins." If the US Government fell tomorrow, I could still sell the paper. Same as on eBay you can buy Confederate currency. Not worth much, but at least something.
Hell, I own 18,500 shares of Enron in electronic form. If i had a certificate, some collector would pay me for that certificate.
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And that, friends, is the biggest and most unsolvable problem of all with bitcoins. They are completely intangible and only exist as a series of 1's and 0's.