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by JumpCrisscross 2421 days ago
> gold is exactly the same

Gold is similar. It's got more history. But it's more difficult to transact with. Bitcoin appears to be this generation's (late-boomer to early-millennial) gold or trading cards or what-have-you.

1 comments

Is it more difficult to transact with? I can hand you a gold coin. But with bitcoin we need the internet and a whole network of miners.
OTOH Bitcoin is easier to transact at a distance than gold.
How do you know that gold coin isn't filled with tungsten? With Bitcoin, it takes a handful of milliseconds to verify a transaction.
I guess it comes down to what we mean by easier. If we don’t count the entire mining network, developers and source code, all the maintenance and electricity costs, block chain explorers and wallet software...