Bitcoin vs GoldsteemCreated with Sketch.

in #bitcoin7 years ago (edited)

Some people say gold is the safest holder of value.

Some people say Bitcoin has no real world value.

Here's an excellent video on comparing Gold with Bitcoin properties.
Spoiler: Bitcoin comes out as winner.

Summary

  • Bitcoin and gold are both hard to counterfeit. Gold has lately been more counterfeitable with tungsten.

  • Bitcoin is more portable than gold.

  • Bitcoin is more divisible than gold.

  • Bitcoin is more deflationary than gold. New gold is mined every year, and technological improvements can lead to a sudden LOT of gold being mined - same as what happened with oil. Bitcoin has a hard 21 million cap, until the community agrees to increase it.

  • Bitcoin and gold both hold inherent value.

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Worry less, buy both. :)

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