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Old 04-12-2013, 09:02 AM  
BlackCrayon
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Join Date: Jun 2003
Location: Ottawa
Posts: 19,631
Quote:
Originally Posted by MikeRoth View Post
Try to pay your rent with stock shares of a company. You can certainly sell those stocks for cash and pay your rent. Just like you can sell your bitcoins for cash and pay your rent.

At this point bitcoins should be treated like a stock. Many will become rich, many will lose their ass.
i just don't see bitcoins having long term worth unless they are used for something. right now they represent an investment opportunity as many see them as some kind of future currency. however, if they never are used as such (for more than illegal activities) then what do bitcoins represent? what gives them worth?
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