Gold vs. Bitcoin

I read lot of posts in the web that state "Bitcoin is the new gold".

But I disagree with this statement, as Bitcoin is only a financial asset, but gold has several other uses, e.g.:

  • Jewelry and Crafts: used already 5000 years ago to create masterpieces
  • Dentistry: dental crowns and bridges
  • Chemistry: gold acts as catalyst in several reactions
  • Electronics: gold is used for connectors, contacts, circuit boards and in other equipments because gold is very good conductor and does not corrode
  • Aerospace: gold is used for specific coating on spacecraft and astronauts visors

I don't know if gold has other uses, but its value goes far beyond finance.

submitted by /u/Livio63 to r/btc
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Quelle: bitcoin-en