Comment: The hubub

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In reply to comment: why all the hubub over bitcoin? (see in situ)

The hubub

is Bitcoin picks up payment liberty deficiencies where gold leaves off.

I'm a gold bug too. Unfortunately, gold is not ideal to do transactions. The government confiscated gold in the past, because they could. Gold, being a physical thing, limits it. You can't easily send gold to another location, like overseas. You can't easily make change for a gold coin. Gold is subject to things like shaving or fraudulent bars, etc. Gold is awesome, but truthfully, deficient.

Bitcoin solves all the deficiencies above. The one thing gold has which Bitcoin doesn't is guaranteed value. That's why people should still hold gold; that what it's good for, but also be aware of how using bitcoins can be beneficial too.