INFOGRAPHIC: Bitcoin Vs. Gold

Bitcoin has grown wildly in popularity in its short history. But how does it stack up against gold, the international currency for thousands of years? Find out in today's post!

Visual Capitalist | June 30, 2014 - 8:43 pm
Categories: Energy Precious Metals
INFOGRAPHIC: Bitcoin Vs. Gold

Bitcoin has grown wildly in popularity in its short history. But how does it stack up against gold, the international currency for thousands of years? Find out in today’s post!
Bitcoin Vs. Gold

For thousands of years, gold has been the international currency, and for good reason. Gold is a substance that is in high demand and there is a finite amount that can be produced. Bitcoin, through cryptography, was created on these very principles. Bitcoin must be mined, is in high demand, and there is only a finite amount that is available – just like gold.

Relative to its short history, Bitcoin has made a significant global impact and has become popular with those who seek an alternative to fiat currency. Only time will tell which has more upside: bitcoin or gold.

Original infographic from: JM Bullion

Comments

  • Matt July 1, 2014 - 11:13 am

    I think that Bitcoin, which is basically a “nothing” that has no properties other than what value people declare it to have, will become a footnote in history. In the meantime as long as it trades people will trade it. If somebody sells a house for gold they many hold and stash some or all of it. if the sell a house for Bitcoin they likely head straight for ebay and turn it into the hated fiat currency.

  • Rachel R. Walker December 14, 2014 - 9:33 pm

    Market
    marshall: https://www.marketmarshal.com/register.php
    sponser=agata7ar placement id= agata7ar

    USD
    1000 investment, daily USD 300 x 365 days

    They
    acept bitcoins.-

  • Guest December 16, 2014 - 10:57 pm

    Anyone Looking to get into Bitcoin?

    There is only a limited amount that can be produced and once its all mined then the price will go up up up up!

    If you want to start mining I recommend this site You get 7 days Cloud Mining Free.

    bit. ly/FreeMiningBonus