5 reasons why bitcoin is better than gold
In many ways cryptocurrency and gold are the same. Both resources are rare; gold rare by nature, while cryptocurrency remarkably is programmed Protocol of the blockchain. Gold and bitcoin can be divided into parts; the gold can melt and turn into small round coins, or even small particles. Each bitcoin can be divided to 0.0001 units. Both resource — interchangeable; each ounce of gold be exchanged for the same.
However, the cryptocurrency has a number of distinctive things:
gold — physical, cryptocurrency — virtual
- gold stored in banks for security purposes and for payment, crypto currencies are stored on your computer and all payments are tracked through the blockchain.
- gold can be stolen physically, while crypto-currencies are vulnerable to hackers.
- gold is available only where it is physically cryptocurrency dostupna wherever there is Internet
- the liquidity of gold is due to its material delivery to the recipient, the liquidity of cryptocurrencies can be done almost instantly at any time.
Asian cryptocurrency E-Dinar has also simplified system of mining. All you need is to buy a certain amount of E-DINAR. After this process of mining starts automatically, and you get 20% of the amount in your cryptocotyle every month!
Making money with E-DINAR just: a contributor can be anyone - from student to pensioner or housewife. Cryptocurrency E-DINAR is a simple and affordable alternative to banks and stock exchanges, where all activity is governed from the centre.
Now the system has over 10,000 users, mostly from Asia, South America and Eastern Europe. Who knows, maybe that cryptocurrency will really be the new alternative to not only the financial system but gold.