Comment on Bitcoin or Gold: Which is More Fiat-Proof?

Bitcoin or Gold: Which is More Fiat-Proof?

Bitcoin sure is volatile -- it peaked at $265 per Bitcoin on April 10 but as of the afternoon of April 11 it was trading down 72% at $75 on exchanges other than the temporarily shut-down Mt. Gox. Ironically, some think that banks shutting down in Cyprus last month were behind the rise in Bitcoin's price.

 

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