Sheesh!
Is this really going to be another article comparing Gold to Bitcoin?
If you haven't found out yet, Gold has a pretty dark reality that should be shared.
So yes! We are going to compare the two but not without first understanding this.
(image source: https://www.marketwatch.com/story/dont-look-nowmuch-maligned-bitcoin-is-outperforming-gold-and-bullish-investors-are-eyeing-10000-and-beyond-2020-05-01)
Gold is NOT finite!
Gold has an infinite supply for those powerful enough to create it.
We are long past the days of "mining" for Gold.
Maybe you already knew that Gold could be created Scientifically?
However, maybe you didn't know that in order to create new Gold.
You need to be a Nuclear Superpower!
For decades we have not been fed the whole truth about the fight between countries to become leaders of Nuclear Energy.
Sure it is easy to believe that Nuclear Energy is a threat because it can be used to blow each other up to smithereens.
Is it really about Nuclear Arms though?
That cannot be the only reason for control over this industry.
Especially since we rarely ever use it for war purposes and fight having to ever do so in the future!
Nuclear Energy can also be used to power electricity for countries or to launch things into space.
What's so bad about letting other countries have electricity then?
The truth of the matter is that without Nuclear Energy and resources that power them.
There is no chance for your country to create one of the most talked-about and widely held currencies of all time.
Gold!
If a country can create Gold on their own they have the ability to inject it into their own economy.
If countries create their own Gold they have the ability to trade it without anyone knowing how much they have created.
This is the real reason why places like the USA, China, Russia, and the UK work so hard to prevent certain places from having Nuclear Power.
It's not about War, it's not about lack of knowledge or trust, it is only about money!
Just like it always is!
Without money and power, these places can't thrive to do whatever it is they intend to do such as start a war.
We realized a long time ago that Gold can be created to make ourselves richer but up until recently, we have found Gold's biggest threat!
Bitcoin!
Cryptographic Currency has become what Gold has always dreamed of becoming.
Gold has an infinite supply that requires an incredible amount of money & resources to make.
Bitcoin on the other hand has a fixed supply that will one-day cap out & a much smaller portion of money & resources.
Gold is only physical & when it needs to be transferred it is very difficult.
Bitcoin on the other hand is both digital & physical which also has the ability to be transferred very easily.
Gold is extremely unsafe to create, unsafe to mine, and susceptible to causing a war between countries wishing to steal or create their own.
Bitcoin is extremely safe, already created, safe to maintain, safe to mine, and does an incredible job at reducing physical conflict.
Gold is largely only in the hands of extremely rich people and nations who have been manipulating it for many years.
Bitcoin is in the hands of a very small portion of our global population and helps both poor and rich escape manipulation.
Gold is tough to legitimately acquire for people new to investing.
Bitcoin is easy to acquire for literally anyone that wants it.
Gold needs to be physically mined which is dangerous and uncommon to find any longer.
Bitcoin is digitally mined, not dangerous, and doesn't need a Nuclear Reactor to create more.
The Verdict is Obvious
Gold may have paved the way for Bitcoin and shaped how we change the future.
However, Bitcoin has learned from the failed mistakes of Gold, the Stock Market, Banking, Investing, Inflation, Property, Accessibility, and other centralized currencies.
Gold may have the upper hand for now in terms of global adoption and understanding.
Except that those that understand early on that Bitcoin will without a doubt gain the upper hand one day.
You are lucky minded to be adopting something so big that is still so little.
Bitcoin takes the cake over Gold and if it isn't obvious to the majority of people now.
Just you wait for the day we start to hear Bitcoin hodlers everywhere saying, "I told you so!" ??
