Post
Topic
Board Economics
Re: Bitcoin or gold?
by
Nathland
on 25/10/2017, 01:12:12 UTC
I think bitcoin is reachable to such a success level that now bitcoin is equal to the gold.  As I believe that The value of gold is nothing more than a result of a global consensus - at the moment everyone agrees to consider gold a measure of value, simply because this measure is in some form or another necessary. If we assume a utopian situation, that tomorrow everyone agrees that gold is not such a measure, then it will be good only for the production of quality wires and trinkets.The btc is gaining momentum for exactly the same reason - the global consensus towards the btc is constantly being strengthened. In this case, unlike gold, the cue-ball is not only a measure of value, but also a settlement system, and gold is not a competitor for this parameter.