> 5) Doesn't corrode and doesn't depend upon hardware or storage media to be working.
Bitcoin corrodes?
You can encode your private keys in Gold if you want to.
Bitcoin corrodes?
You can encode your private keys in Gold if you want to.
And yeah, you can encode your private keys in gold, and I kind of think that everyone should do that, to keep future archaeologists puzzled :-P
It is difficult to compare the durability of gold and bitcoin. It does seem plausible, given the length of time we've been using it, that gold's value is completely related to its intrinsic properties and difficulty of mining.
Bitcoin can't possibly be valued on its intrinsic properties, because I can fork the entire technical edifice, start a new blockchain called it Bitcoin+1, and the fork will have no value vs the original.
Combined with a passphrase, it also means your money can't be stolen if your house is burgled. Gold would be a sitting duck in this case.