> Gold, on the other hand, is just valuable because it is expensive to produce and has a long history of being valuable. ... Bitcoins are expensive to produce

> Gold, on the other hand, is just valuable because it is expensive to produce and has a long history of being valuable. ... Bitcoins are expensive to produce and if it hangs around very long it will have a long history also. So in the long run bitcoin could be a viable alternative to gold.