Pass The Baton Already: Why Bitcoin Is Poised To Replace Gold

in hive-116221 •  4 years ago 

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There is a constant war of ideas being fought between gold bugs, like Peter Schiff, and supporters of bitcoin. In order to accurately compare and contrast gold and bitcoin, we will need to weigh each asset against the various attributes that make a given form of money good money. We will also need to dive into monetary history in order to understand what happens when the prevailing money during a given point in time is confronted by superior money. 


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