Peter Schiff does a great job of explaining the difference between Bitcoin and Gold. In my opinion it's even simpler. Bitcoin is a computerized program that can be manipulated, hacked and altered with no intrinsic value. Gold & Silver have been considered stores of value for 1000's of years and still hold value today.
I can hold a Gold Coin and sense it's value. I can't pick up a Bit Coin.
TK
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