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Phil Archer – Bitcoin Versus Fiat Versus Gold

Phil Archer – Bitcoin Versus Fiat Versus Gold:

In Phil Archer’s latest article on TheGenesisBlock.com (@TheGenesisBlock) he compares Bitcoin against fiat money and gold.  Excerpts:

“There are nine distinct characteristics of money: scarce, durable, portable, divisible, easy to recognize, easy to store, fungibile, hard to counterfeit, and widespread use. At first glance, bitcoin has a significant advantage over fiat currencies and gold in many of these.”

 – http://bit.ly/1401cUc

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