Reddit: Why Bitcoin is better than gold and silver in 2017

In 2017, the price of bitcoin reached an all-time high, climbing to $1,838.20 on August 30, 2017, up $2,749.60 in less than a year.

In 2017 there were over 1.7 million bitcoin transactions.

But now, in 2017, we’re looking at the exact same trajectory as bitcoin was at in 2016.

Bitcoin is a digital currency.

There is no central bank controlling the price.

So, like gold and other precious metals, Bitcoin has value as a store of value.

In 2016, when bitcoin hit its all-year high, there were just a few million bitcoins in circulation.

At that time, the Bitcoin community was still relatively small.

Today, there are over 100,000 bitcoins in existence.

With the recent increase in bitcoin’s price, it’s safe to say that it will continue to rise.

There’s also another important difference between gold and Bitcoin.

Like gold, Bitcoin is not a legal tender.

In fact, the US Federal Reserve has determined that Bitcoin cannot be considered a legal instrument.

But like gold, it can be used as a medium of exchange for buying and selling.

Bitcoin can also be used to buy and sell other digital assets, including things like gold.

Bitcoin and gold have similar features.

But they are very different.

Gold is a physical commodity, and the Federal Reserve does not regulate gold as a commodity.

Bitcoin, on the other hand, is a virtual currency.

Virtual currencies are digital currencies that exist outside of a central bank and cannot be controlled by a central institution.

They can be traded freely in any country.

This makes them a virtual asset and not a commodity, as Bitcoin is.

But it also means that unlike gold, which is backed by the US government, Bitcoin cannot legally be used for monetary transactions.

There are two main reasons for this.

The first is that Bitcoin is backed, in part, by the blockchain, the public ledger of all transactions.

This ledger includes every single Bitcoin transaction.

This is a blockchain.

In essence, it is a network of computers around the world working together to process transactions.

When a transaction is recorded in the blockchain (or a block), it becomes a record of who made the transaction, what they bought, and when they bought it.

There isn’t a central entity that controls the blockchain.

Every Bitcoin transaction is processed by a network, including those who bought the bitcoins.

This allows Bitcoin transactions to be processed and recorded, without any central party being able to alter the transaction.

The second reason is that the blockchain does not record transactions that are made outside of the Bitcoin network.

This can be a huge problem for people who want to purchase bitcoins but are not sure whether the bitcoins they are buying will actually be the real thing.

This also makes it harder for people to trace transactions that occurred outside of Bitcoin.

This has the potential to increase the risk of fraud and theft.

As an example, in April 2017, a British businessman, Gavin Andresen, was found to have bought more than $100,000 worth of bitcoins, including $500,000 in gold.

After the investigation, Andresens was arrested on fraud charges and fined $1.4 million.

He is currently serving a nine-month prison sentence in England.

Bitcoin was designed to address these concerns.

As its name implies, Bitcoin works by transferring value from one person to another.

Transactions between people can be made in bitcoins, but they cannot be sent or received by any other means.

There must be some way of transferring value between the parties, which means that transactions cannot be made using the blockchain itself.

This means that Bitcoin transactions can be done using the computers that run the network.

The network is comprised of computers all around the globe, including computers that work in the Bitcoin world.

This decentralized network, called the blockchain is a way to securely transfer value.

Unlike traditional financial institutions that require users to trust third parties, the blockchain’s network ensures that every Bitcoin transaction that occurs is recorded and recorded by all the computers on the network, even if it is done outside of bitcoin.

The blockchain has the ability to trace all Bitcoin transactions.

Anyone can check which transactions are being made and recorded in a particular blockchain and compare them to other transactions made by the same user.

This gives anyone with a computer with access to a particular block of data an opportunity to see whether they’re making the transaction they’re looking for.

As the name suggests, Bitcoin uses cryptography to secure transactions.

Each bitcoin is a digitally signed message, which the sender and recipient agree to before they send the money.

Transactions are recorded in this ledger.

But unlike traditional financial transactions, which are recorded and verified by banks, Bitcoin transactions are recorded by the computers working on the blockchain and verified independently by other computers on different networks.

Bitcoin transactions aren’t recorded by banks because they’re impossible to trace.

This prevents the possibility of fraud, which occurs when

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