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Comparing Bitcoin Mining To Gold Mining Is Ignorance – Chapter[2.15] R[29]

We have already discussed in Chapter#1 why gold is so precious and why the elites hate Gold Standard so much. I also discussed how gold as money is far better when it comes to fundamental properties of money when compared to worthless paper currency and Bitcoin. Here we will prove further why a crypto-lollipop can never be a digital gold on technical grounds. N ic k S zab o , the Bitcoin founder, whose pen name is “ N a k amoto S at o shi ” shared the Bitgold concept in 2005 on his blog and then implemented his concept into a working protocol in 2008 under the new brand name of “ Bitcoin” . 2.24 2.23 2.22 2.21 2.20 2.19 2.18 2.17 2.16 2.15 2.14 2.13 2.12 2.11 2.10 2.9 2.8 2.3 2.4 2.5 2.6 2.7 2.2 2.1 2.0 1.0 Nick Szabo tried his best to replicate gold digitally and give Bitcoin the features similar to that of gold. But he failed badly. The two fundamental features are: Note: Properties such as fungibilty, durability, divisibility, intrinsic value, store of value, unit of ac