The Importance of Cryptography in Gold

The counterfeiting negatively affects all gold holders, not just the ones that are being cheated by receiving counterfeit gold. Contrast this with Bitcoin where you're able to cryptographically verify the Bitcoin that you receive using what's called a Bitcoin node. And so this really makes it an order of magnitude less uncertain than gold. It's automated software. So and it uses cryptography and it's as far as we know, full proof.