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No, no it's not. There are tradeoffs in everything! Hard to zap gold around the internet ;)
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Yes, it is also hard to transfer over a network that is downed. Or to produce BTC at the store with no electricity for days.
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No, no it's not. There are tradeoffs in everything! Hard to zap gold around the internet ;)
Yes, it is also hard to transfer over a network that is downed. Or to produce BTC at the store with no electricity for days.
Yes, simple is the best. BTC approaches gold as being simple, however, it is attached to computing power so it is also attached to the electrical network and internet. That makes BTC vulnerable to several points of failure in the grids. Not a very happy sort of mental image, is it?