Technically gold isn't impossible to manufacture as there are scientists and labs fully capable of making it, but it costs more energy to make than its value... For now... Let's remember that episode of the Twilight Zone when the gold thief goes into the future only to find out gold is manufactured and worthless.
Gold lasts forever, it doesn't tarnish, rust, or corrode, that much is true. But it still could be stolen, or potentially damaged (like a big house fire). I suppose bitcoin could be stolen or lost as well though, but as it's not actually physical it should be easier to protect.
Gold is beautiful so that's an excellent point as well. It can be turned into jewelry and such.
Bitcoin isn't really the opposite though in every regard. It may not be physical but it's very difficult to "mine" and it gets harder every year. Plus there will come a day when it can no longer be mined at all, making it even more rare than gold, and impossible to produce more of.
Yeah, what?? Is the author worried his BTC will rust? Does he think BTC is easier to fake than gold? Do governments buy gold for the economic tourism produced via tours of their vault?
Maybe the author is close to solving P=NP and knows something we don’t
> First, gold is hard to fake and impossible to manufacture.
> Second, gold (...) doesn’t rust or tarnish.
> Last, gold is pretty
to conclude
> On the other hand, BTC lacks all these attributes.
I pretty much reach the opposite conclusion with the same premises