Comment: My thing

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In reply to comment: Just a small point... (see in situ)

My thing

So using your example. Say a significant amount of people are using bitcoin and it becomes valuable to have bitcoins to get things with. I can guarantee the Fed's will come in and shut it down as counterfeiting. They moved in on those Liberty dollars that were gold and silver coins before hardly anyone even got them saying they were counterfeiting. In that case, I lose anything I put into it, because like I said it has no value other than the people putting value into it. That's why I would prefer a commodity money. That way if it is deemed not able to be used as currency, it still has value for it's other uses and I could still recover value. With Bitcoin, if it ever got to be worthy, it's not going to last much longer than that,and those still holding them will lose all their value into it when it gets shut down. That's my understanding.