🧵3/4
For millennia, Gold has been considered a reliable monetary system. Many of Gold’s properties like scarcity, verifiability, durability, & divisibility, lead people to rely on it for transactions. The characteristics of Gold are what gave it value as a monetary system.
Bitcoin is computer code, not tangible like gold, so the value may be harder to grasp. But like gold, Bitcoin’s characteristics are what give it value as a monetary system.
