3 ms·
Because the information it provides is very precise, relative to gold it's quickly (therefore cheaply) transmitted (and stored), and relative to fiat currencies
by PKop 9y ago
Because the information it provides is very precise, relative to gold it's quickly (therefore cheaply) transmitted (and stored), and relative to fiat currencies it's very hard ("virtually impossible?") to forge or devalue.
- FooHentai 9y agoHuh. "Electronic Gold" isn't too bad as an analogy.