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Bitcoins v Gold: The Clash of The Currencies

79 Gold made simple BITCOINS GOLD THE CLASH OF THE CURRENCIES We've put Bitcoins and Gold head to head in our investment showdown. Who's your money on? KRUG 20 12 FYNGOUD CLS 1/202 FINE Bitcoin Digital gold' Gold SOURCE Firefox Mined: Virtųally Inside the interñet Mined: Physically Inside the earth INVENTOR Satoshi Nakamoto: 2008 God: Dawn of time TRADING TO DATE 2008 5 years 3,000 years ACCEPTED By thousands of traders, mainly online By most banks, millions of businesses and all humans on the planet CIRCULATION 21, 5,500 1 Troy Ourice 1Troy Ounce 1 Troy Ounce 1 Troy Ounce 1 Troy Ounce 1 Troy Ounce 1 Troy Ournce 1 Troy Ounce Finite: 21 million Bitcoins Finite: 5.5 billion ounces VOLATILITY Four fold increase in March 2013 alohe. 1 ounce in 113 AD 1 ounce in 2013 Nice armour Nice suit leather belt leather belt leather shoes- leather shoes Incredibly volatile Incredibly stable TANGIBILITY Completely intangible. As tactile as an ēmail. Highly tangible, very beautiful and reassuringly heavy. (& Difficult to fashion into jewellery) PERSONALITY Acoustic guitar Classically timeless. Works everywhere. MP3 Great sound, until there's a pouer cut. AND THE WINNER IS.. The internet is providing more and more new ways for savvy savers to invest in old commodities. But since 2008 the Bitcoin has offered the ultimate 21st Century investment, a completely decentralised digital currency that is based entirely on peer to peer lending online. With no governmental or big bank tinkering, your Bitcoins sit in a wallet on your computer for as long as you need, and can be spent or sold just like any currency. They can also be lost and stolen just like any other currency. Bitcoins are only going to get bigger and more viable as an investment. But for sheer, unshakeable value you still can't beat good old GOLD Sources: Designed by: Bite Digital (www.biteus.net) Wiki: http://en.wikipedia.org/wiki/Bitcoin Bitcoin Charts: http://bitcoincharts.com World Gold Council: http://www.gold.org Cost of Roman suit: http://ancientcoinsforeducation.org Gold's use for 30oo years: http://www.amazon.com/Paper-Money-Collapse-Monetary-Breakdown/dp/1118095758 Photocredits: RickC on Flickr, archer1o (Dennis) on Flickr ILILILILILILILL 1/2 AND COLD 79 Gold made simple BITCOINS GOLD THE CLASH OF THE CURRENCIES We've put Bitcoins and Gold head to head in our investment showdown. Who's your money on? KRUG 20 12 FYNGOUD CLS 1/202 FINE Bitcoin Digital gold' Gold SOURCE Firefox Mined: Virtųally Inside the interñet Mined: Physically Inside the earth INVENTOR Satoshi Nakamoto: 2008 God: Dawn of time TRADING TO DATE 2008 5 years 3,000 years ACCEPTED By thousands of traders, mainly online By most banks, millions of businesses and all humans on the planet CIRCULATION 21, 5,500 1 Troy Ourice 1Troy Ounce 1 Troy Ounce 1 Troy Ounce 1 Troy Ounce 1 Troy Ounce 1 Troy Ournce 1 Troy Ounce Finite: 21 million Bitcoins Finite: 5.5 billion ounces VOLATILITY Four fold increase in March 2013 alohe. 1 ounce in 113 AD 1 ounce in 2013 Nice armour Nice suit leather belt leather belt leather shoes- leather shoes Incredibly volatile Incredibly stable TANGIBILITY Completely intangible. As tactile as an ēmail. Highly tangible, very beautiful and reassuringly heavy. (& Difficult to fashion into jewellery) PERSONALITY Acoustic guitar Classically timeless. Works everywhere. MP3 Great sound, until there's a pouer cut. AND THE WINNER IS.. The internet is providing more and more new ways for savvy savers to invest in old commodities. But since 2008 the Bitcoin has offered the ultimate 21st Century investment, a completely decentralised digital currency that is based entirely on peer to peer lending online. With no governmental or big bank tinkering, your Bitcoins sit in a wallet on your computer for as long as you need, and can be spent or sold just like any currency. They can also be lost and stolen just like any other currency. Bitcoins are only going to get bigger and more viable as an investment. But for sheer, unshakeable value you still can't beat good old GOLD Sources: Designed by: Bite Digital (www.biteus.net) Wiki: http://en.wikipedia.org/wiki/Bitcoin Bitcoin Charts: http://bitcoincharts.com World Gold Council: http://www.gold.org Cost of Roman suit: http://ancientcoinsforeducation.org Gold's use for 30oo years: http://www.amazon.com/Paper-Money-Collapse-Monetary-Breakdown/dp/1118095758 Photocredits: RickC on Flickr, archer1o (Dennis) on Flickr ILILILILILILILL 1/2 AND COLD

Bitcoins v Gold: The Clash of The Currencies

shared by bitedigital on Apr 29
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After the recent meteoric rise (and subsequent crash) of Bitcoins we thought it would be useful to pull together an infographic comparing the 3000 year old form of money, with the up-start and very yo...

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