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Vitalik Buterin (co-founder of Ethereum blockchain) stated in a tweet that crypto is better than gold.
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He said this because it is more convenient and easier to use. Buterin claims that these characteristics make gold less attractive.
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Still, some crypto opponents argue that gold is better because it is not controlled only by a few entities, unlike the Ethereum blockchain.
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Buterin slams Zach Weinersmith, an author who asserts that gold is compatible with the crypto-cratic ideals.
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Weinersmith suggested in a tweet that he posted the same day that the only argument crypto advocates have is for a decentralized money issue authority.
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The author still wondered why gold needs to be promoted as a solution, considering its characteristics and qualities.
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It is incredibly inconvenient to use gold. It is difficult to use, especially when transacting with unknown parties.
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It does not support multi-sig storage. Crypto is more popular than gold now, so it's better to go with crypto.
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Buterin's direct response to Wienersmiths initial tweet provoked immediate reactions from crypto advocates and opponents on Twitter.
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Hayden. Eth, a user, argued that gold also faces the danger of massive centrally controlled inflation because of asteroid mining.
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