[2014-08-25] Transport and Velocity: Could Bitcoin be a Replacement for Gold?

[patricktim]

http://www.coindesk.com/transport-velocity-bitcoin-replacement-gold/

Gold has been used as a store of value for eons, thanks to its beauty and almost magical ability to never tarnish. Furthermore, despite radical shifts in human values over the past 100 years, its worth still has not diminished – even soaring to over $1,000 an ounce in recent times.