A quick comparison between Crypto Currency, Gold and Bitcoin
In some places, gold seems to have more place in the financial world. On the other hand, some people begin to see Bitcoin as a valid method for maintaining our savings.
This allows us to shop and make other daily transactions. For the average consumer, Bitcoin and other crypto-currency seems to offer a relevant alternative. It is probably a good time to make a comparison between gold and Bitcoin and Ethereum (other crypto-currency) ..
People use gold as a type of money for millennia; While Bitcoin has been around only a little over a decade. Although the concept has experienced a maturation process, gold still has an omnipresent influence on the market. Bitcoin promises continuous improvements in convenience, security and functionality. The experts compared the current state of Bitcoin with the Internet at the beginning and the mid-1990s. Bitcoin supporters argue that almost all the progress related to gold have already occurred as we see by acceptance mass of all gold bullion products since there are millennia. In fact, some business acquisitions have been using gold as powerful currency. They do not just trust the government does not go into hyper inflation.
The idea of gold compared to Bitcoin is an important argument worth shelves. Rather than choosing one of them; Many of us would prefer to use a combination of them to take advantage of the best qualities of each. In fact, we have seen a coexistence between Bitcoin and gold, in the form of “Casascus parts. This first example of Bitcoin and Gold to come together and it will not be the last.
Ethereum Another currency Crypto is $ 1.549.00. It is usually preferable extracted with Raedon graphics cards x 5 or 6 set up on supports for an optimal organization. LAN cables allow it high speed mine for a profit on energy consumption.
Paper money is our solution to improve circulation and gold is the solution of our ancestor to preserve the value of the currency. The metal is less affected by inflation because it is much more expensive than paper or other cheap metals. And, the currency is the crypto new technological equipment to ensure reliability during transactions, with the timelessness and accuracy of a Swiss watch.
Whatever criticism, Bitcoin and other currencies Crypto will continue to appeal many people because of its distinct advantages, in particular with respect to conventional currencies such as the paper currency that gets inflated and is often lost, spent or Stolen.
It is based on instantaneous transactions, P2P direct (peer-to-peer) to completely avoid bulky and expensive electronic payment systems. Over time, investors would find that Bitcoin offers a better reserve value than all printed serial flat currencies.
The Bitcoin protocol puts a limit on the amount of bitcoins available at a given time. There will always be 21 million Bitcoins and the system seems more honest than even the US dollar sometimes. With Bitcoin and other currencies, consumers could be over the financial sphere; Although there are concerns that the government silently draw on the system with constant financial control.