25 Feb '13, 8pm

Bitcoin or Gold? …Both!

The Bitcoin vs. gold debate frustrates me; these are incredibly valuable monetary tools, why should I limit myself to just one? Both these currencies share many characteristics that make them great …limited supply, internationally accepted, non-political, etc. but they are however, very, very different creatures. As such, this argument isn’t entirely without merit, but what we’re arguing about are the pros and cons of ‘real’ vs. decentralized exchange mechanisms. I won’t trudge through the various arguments that I imagine you have heard many times. But to sum it up, the idea of ones and zeros floating through cyberspace doesn’t feel nearly as secure as a gold coin in your hand; especially to those who are not very tech savvy. What if the computer crashes? What if the market is flooded with Bitcoin spinoffs? What if the power goes out? What if the internet goes down? While ...

Full article: http://www.dgcmagazine.com/bitcoin-or-gold-both/

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is a computer scientist, an expert data communications and distributed systems, a Certified Information Systems Security P...