01
Gold must be expertly assayed to verify its authenticity and purity, making it difficult for a layperson to easily or quickly verify; no one knows exactly how much gold exists above ground
02
Smart contracts, trust-minimized escrow, multi-signature
03
Billions of dollars in value can be managed on a smartphone or device the size of a USB stick
04
Supply is hard-capped at 21m and, unlike gold and other commodities, the supply is largely unreflexive to price.
05
Can be quickly moved around the world via electronic, satellite and radio networks
06
Ease of dividing a digital vs physical unit; eight decimal places enable micro-transactions