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by bufferoverflow 567 days ago
There are many reasons to choose BTC over gold:

- easy to transmit

- easy to store (but both gold and BTC are dangerous to store at home from the security standpoint)

- easy to buy and sell

- BTC is actually limited (capped). There's no practical limit to the amount of gold. You're always one tech breakthrough away from gold becoming very common - read the history of aluminum, they used to make jewelry out of it.

- impossible to counterfeit. Even banks struggle to detect counterfeit gold

- gold for payments is completely impractical, BTC has Lightning network that seems to work.

- BTC is programmable