The
bitcoin vs gold debate has raged on in investment circles since bitcoin has entered discussion circles among investors with increasing interest. Gold has been used as a form of currency and trade for thousands of years, but as we will show, bitcoin may be the kind of financial breakthrough to replace it.
Early on, seasoned investors began questioning the legitimacy of bitcoin value and wondering how such a commodity could have intrinsic value. What differentiates bitcoin from a mere collectible and what makes it similar to precious metal assets such as gold or silver? Among many circles, especially gold bugs and older-generation investors, bitcoin was not considered a valid investment up until very recently.
In order to properly analyze the value of bitcoin vs gold, we must clarify which attributes of gold are valuable and prop them up against the promise of bitcoin. When we measure the implications of today’s economic environment, it is clear to see that bitcoin is gold for the 21st century, or as some pundits have advocated, a ‘
digital gold’.
Read the full article on Diginomics. 
