Thread: Bitcoin
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Old 03-28-2019, 02:53 AM   #85
slang
St Petersburg, Florida
 
Join Date: Oct 2002
Posts: 3,423
Quote:
Originally Posted by xoxoxoBruce View Post
I don't pay interest on my credit card. They make their money from making the vendor discount the price. Of course I pay in elevated prices eventually but that's not interest
Point taken.

I was issued a rather high limit gold card many years ago and got so far in debt that digging out was very difficult. Since then, credit cards are of very little interest to me.

That was years ago though and now learning their utility hasn't been a priority. Maybe it should be.

Quote:
Originally Posted by xoxoxoBruce View Post
From your link...

It may act like gold chemically, maybe even like gold electrically, but it sounds like with a thin coat it couldn't be used anywhere there's abrasion, like switches.
Yes. The concern is that some clever country or corporation will develop technology that changes lead to gold, or mines gold out of ocean water, or the like. Increasing the gold supply.

Rumors from Wiki, Reddit and TheMillineumReportDcom describe the technology existing now. They are allegedly not practical because of energy consumed in the process.
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