Many gold pundits have dismissed Bitcoin as simply inferior to physical gold. “Gold is everything that Bitcoin is, and even more,” they tell us, “so why use Bitcoin?” Their analysis seems superficial, focusing on things such as (the lack of) physical-backing and the sheer limits of the quantity of gold or Bitcoins that can ever be mined.

False "Gold-Bitcoin" Divide

Argument #1: Bitcoin Has No “Underlying” Value

Argument #2: Bitcoins Can Disappear, Gold Cannot

Argument #3: The Supply of Both Bitcoins and Gold Is Limited: So Why Use Bitcoins?

When To Buy Gold and When To Buy Bitcoins?


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