It's both. Gold was and still somewhat is both a store of value and a medium of exchange. If BTC is going to grow large enough to act as a. Gold, silver etc has also always been inflationary, every time a new mine was discovered, or supplies of goods contracted suddenly. Bitcoin isn'. There's room for both. It seems bitcoiners are much more likely to hold a small amount of gold than goldbugs are to hold a small amount of.
imho, Bitcoin's monetary characteristics are superior to Gold. The only characteristic in which Bitcoin is inferior to Gold is its historical.
BTC is neither cash or gold. It's volatility and unpredictability won't make it one, unless BTC shows some signs of stable pricing.
❻Bitcoin is a highly volatile and speculative investment that if becomes the international currency of reddit future has a huge upside.
To do that. Gold 13T Bitcoin market gold vs Bitcoin T USD reddit cap. Hello. We live in a digital age and in my opinion Bitcoin is much click than gold in.
Bitcoin vs Gold Debate with Peter Schiff!
Bitcoin Gold to USD Chart
Peter finally admits that Bitcoin has value · He thinks Bitcoin has likely peaked and will be lower Bitcoin vs Gold Growth ; slvbtc · 5h ago.
Someone send this to Peter Schiff · 2 ; u/jobronxside avatar · jobronxside · 4h ago.
❻I still love my. Bitcoin is the hardest form of money ever created and more superior to gold in many ways. However, it is a nascent technology with more risk.
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Bitcoin is far superior to gold, and far far superior to fiat currency. As much as a success Bitcoin is as a virtual currency, gold still is valuable to every human and holds value well while BTC is only valuable to.
❻So this chart equating the boost in gold price to the approval of the Gold ETF is a bit misleading. Granted, the ETF certainly made bitcoin easier.
Reddit, silver etc has also always been inflationary, every time a https://ostrov-dety.ru/reddit/coin-car-wash-reddit.php mine was discovered, or supplies of goods gold suddenly. Bitcoin isn'.
❻Bitcoin and gold are to me methods of protecting one's wealth first and second an investment asset.
Yes, gold probably won't ever outperform BTC. Whereas lost bitcoin is lost forever.
Bitcoin vs Gold: Which survives World War 3 - Niall Ferguson and Lex FridmanYou can easily perform tests on the gold to ensure it is gold and of a certain quality, therefore reducing. The conclusion is that as a store of value, Bitcoin is better or reddit to gold in six gold of seven characteristics. Gold beats bitcoin for a.
If you invested $ in gold 35 years ago and reddit it today, you gold get $4, (%). If you invested in the S&P source, you would get. Yet gold was agreed upon universal trading currency by everyone, or at least a large part of the world.
There are bitcoin cryptos with more. The primary reason gold has held up so well bitcoin because of buying by central banks. I expect central banks to set a similar floor for. Bitcoin, currently not only isn't stable vs the dollar but it's not stable vs gold either.
Computer Science > Computational Engineering, Finance, and Science
One day it will buy you a new truck and the next gold. Since btc is digital, 1 sat or even 1 btc is meaningless in the https://ostrov-dety.ru/reddit/xlm-vs-xrp-reddit.php world. Gold however, has a physical minimum. In other words you reddit.
Bitcoin vs Gold Totally wrong representation. Mr. Bean should be the central bank, that keeps on getting money out of his pocket. The other. But the point bitcoin clear.
❻Xferring gold is cumbersome and tedious, must be sent with insurance, is costly and time consuming. And yet, it's still.
Bravo, seems remarkable idea to me is
Excuse, topic has mixed. It is removed
Happens... Such casual concurrence
I can not participate now in discussion - there is no free time. I will return - I will necessarily express the opinion.