Digital Currencies

easilyparted

Digital currencies such as Bitcoin have many advantages: 1, can be traded anywhere; 2, unlike gold it has a finite supply; 3, difficult to steal; 4, You can buy stuff with it, unlike gold unless in a Dubai souk.
Does anyone on this forum own Bitcoins? If so where did you buy them and if they do not exist in a solid form, how do you know you hold them?

Lokolo

2, unlike gold it has a finite supply

You what?!

antrobus

easilyparted wrote: »

Digital currencies such as Bitcoin have many advantages: 1, can be traded anywhere; ...

No, Bitcoin trading is somewhat limited. It's not like you can go down to Tesco and buy a tin of beans with it.

easilyparted wrote: »

...
2, unlike gold it has a finite supply; .

No, the supply is basically infinite. You just shift the decimal point. In any case (a) you are wrong, the amount of gold on planet earth is finite; and (b) there are lots of things that are in finite supply but are not of any particular value

easilyparted wrote: »

...3, difficult to steal; ...

No, it appears quite easy to steal. See Flexcoin. See Mt Gox. Gold, on the other hand is quite hard to steal. You apparently need explosives and a fleet of Minis.

easilyparted wrote: »

..
4, You can buy stuff with it, unlike gold unless in a Dubai souk.

If by "stuff" you mean drugs and child !!!!!!, then yes. But otherwise the options are somewhat limited.

easilyparted wrote: »

..Does anyone on this forum own Bitcoins? If so where did you buy them and if they do not exist in a solid form, how do you know you hold them?

How do you know you hold them?

TheTracker

1600+ post thread on this forum around Bitcoins