What are the specific similarities between gold and Bitcoin:

A. 🤞Decentralization

Gold: A natural resource spread all over the earth, anyone can dig out gold from a corner

Bitcoin: A public blockchain with network nodes spread all over the world, making it a resource that anyone can participate in mining

B. 🤞Mining

Gold: Gold mining requires workers, mines, equipment, and electricity

Bitcoin: Bitcoin mining also requires block producers, mines, equipment, and electricity

C. 🤞Scarcity

Gold: A non-renewable natural resource

Bitcoin: Upper limit of 21 million

D. 🤞Durability

Gold: Stable physical properties, never rusts

Bitcoin: Strong and secure network, data on the chain will never be erased

E. 🤞Anti-counterfeiting

Gold: Real gold is not afraid of fire

🔥Bitcoin: It cannot be tampered with even if you invest a lot of money

Having said that, they are very similar in some aspects, but digital gold still has many advantages that physical gold cannot achieve, such as:

· Bitcoin is very convenient to carry, you only need to remember a string of words, while physical gold is very heavy;

· Bitcoin can be verified for anti-counterfeiting anytime and anywhere, while physical gold is easy to counterfeit with metals of similar specific gravity (in recent years, there have been many cases of adulteration of gold jewelry);

· Bitcoin is easier to split transactions, while gold is the opposite;

· Even if Bitcoin transfers on the chain often amount to hundreds of millions of dollars, the handling fee is only a dozen dollars. It is difficult for gold and even the modern banking system to achieve such a low and fast transfer of assets.

$BTC $ETH $FTT #BTC再创新高 #币安HODLer空投CAT、PENGU #VANA开盘 #圣诞行情预测 #加密市场狂欢