Bitcoin is better than gold

The most obvious difference between gold and bitcoin is perhaps this gold is a tangible physical metal while bitcoin is digital. The differences between the two however go much further. Gold is a precious metal that has been used by humanity for thousands of years as a means of exchange. It is also useful in technology and manufacturing and is prized for its beauty as jewelry art and memorabilia.

Bitcoins offers users a unique business experience. Unlike the US dollar and the British pound. Bitcoin also known as cryptocurrency is not regulated by a single central bank. Theoretically, this means that virtual money is decentralized, democratized and can be accepted around the world. It also means that bitcoins are not regulated which can open the door to corruption.

Since Bitcoin is crowdsourcing its value depends on the involvement of the community. In its early years Bitcoin had an enthusiastic base of developers and investors. Its popularity has since disappeared. Developer of Bitcoin said the slogan was a mistake and announced that all its bitcoins had been sold.

The World of Time another key feature of gold and bitcoin is that associated with the real world. Energy is needed as computing power to exploit the new bitcoin. The more you want to say the more time and energy you need to use the next one.