Bitcoin v Gold

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Why gold failed

If gold really works, why are their 160 different currencies? It can't travel at the speed of information. (1-minute video)




Gold-based economy requires government centralization (1-minute video)




"Gold failed as a capital network 400 years ago..." - Michael Saylor (2-minute video)







It is possible for gold to be currency only when it moves at the speed of information. When information was only as fast as a horse or a car, gold could maintain pace. Those clinging to the possibility of gold or silver having economic value for everyday trade deny the fact that information now travels at the speed of light (or at least electricity). Gold is generations out of date.

















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