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.
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