Why did gold fail?
In another thread Derryb posted that several companies have purchased bitcoin as an alternative to holding cash, or to speculate or hedge on future "events".
So why did gold fail to be the alternative? 6000 years of historical relevence overtaken by something that cant be seen or held let alone have practical use such as in electronics....they very things that make bitcoin possible.
Why havent institutions embraced gold?
Does bitcoin just have a better marketing campaign?
Are the benefactors of bitcoins success more powerful than those of gold?
How and why did gold fail?
Knowledge is the enemy of fear