4 reasons Bitcoin is better at being gold than gold

[Rusty Snippets]

• You might think gold has been valuable for millennia because it's rare and pretty, but that would be a faulty assumption.
• A store of value must meet three criteria, each of which gold satisfies to some degree.
• Bitcoin is more volatile than gold, but it's also safer in at least one area.
  
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In 2012, crypto pioneer Charlie Shrem, reporteldy one of the first people in the world to read Satoshi Nakamoto's white paper explaining Bitcoin's power, told Cameron and Tyler Winklevoss why they should care about an intangible asset, backed up by no centralized authority, that had been created by a person or group of people whose identity no one knew.

Their conversation -- as relayed in journalist Ben Mezrich's book Bitcoin Billionaires -- included Shrem explaining how Bitcoin could be considered "digital gold" because of several properties that the two assets have in common.

To understand Bitcoin, you need to understand gold, and why it beat out 117 other elements on the periodic table to become humanity's preferred store of value for thousands of years.............

4 reasons Bitcoin is better at being gold than gold