Posts Tagged ‘Gold’

Clearing Up The Bitcoin Versus Gold Debate

Monday, November 4th, 2013   Submitted by Roman Skaskiw

GoldBitA lot of otherwise useful analysis of Bitcoin versus gold misses an important point. This analysis only considers physical gold, and points out its obvious disadvantages. Mainly, physical gold can’t be transported almost effortlessly, and almost instantly to anyone with an internet connection. Gold is also more difficult to divide and to verify. This analysis is accurate, but through the ingenuity of entrepreneurs, gold can behave like Bitcoin. In fact, it used to.

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