Comment: I price commodities in silver or gold not promissory notes.

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I price commodities in silver or gold not promissory notes.

http://pricedingold.com/bitcoin/

Seems to be settling in around 2.5g AU per Bitcoin.

What is the price of a peer-peer, re-usable, global transaction, today?

What is the cost of a government-banker enabled, one time, global transaction, today? Tax liabilities created are part of final cost.

Part of the 'value' of gold or silver is that they have a three thousand year history of fairly constant purchasing power.

Bitcoin has very little history. Instantaneous private, global transactions are a brand new possibility.

What is a bitcoin worth? If anything, the market will tend to discover a fair price.

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