YOU CAN’T BEAT HAVING A GOLD SOVEREIGN IN YOUR POCKET 4
Quote :—-” Weaver doesn’t see bitcoin going anywhere in the near future.
“It’s a small community and if other events haven’t shaken their faith, why will it shake the faith now,” he says. He compares bitcoin to the Beanie Baby craze about two decades ago. They are still around, but they aren’t a major phenomenon anymore.
He says the people who use bitcoins are generally people who want to get away from using a bank. Therefore the currency won’t work socially if it is backed by a government or banks, which is one way it may be able to stabilize.”