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42 sats \ 1 reply \ @rax0m 13 May 2023 \ on: Bitcoin vs Gold: Pros and Cons bitcoin

It was a good summary.

But I'll play the devil's advocate and list some advantages that gold does have.

  • Proven track record
  • Universally acclaimed store of value
  • Will not fail due to some programming error or cryptography breaking
  • Has intrinsic value (which is not needed for something to be money. Unclear if this is a pro or con)

More?

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21 sats \ 0 replies \ @Undisciplined 13 May 2023

It's available during network outages.

It might have fundamentally stronger legal protection in the US.

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