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by bufferoverflow
567 days ago
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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 |
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