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Posts Tagged: Gold mining


Is Bitcoin Better than Gold? Part Three: Inflation

Most people consider both gold currency and Bitcoin to be deflationary currencies, given their fixed supplies. In the long run, this assumption mostly...

Is Bitcoin Better Than Gold? Part Two: Trust

Trust is a component in both gold currency and Bitcoin, although working in two fundamentally different ways. With gold, trust is almost always requir...

Is Bitcoin Better than Gold? Part One: Transaction Costs and Centralization

In many ways, gold and Bitcoin are similar. They are both scarce; gold is scarce by nature and Bitcoin has scarcity coded into its protocol. Gold and ...

Bitcoin Mining vs. Gold Mining: a Comparison

In the ongoing discussion about Bitcoin price volatility, one theory for a rapidly falling Bitcoin price is the fact that so many coins are mined ever...