How many times you heard some question ?
But the time goes by and I've been wondering if it really what a BTC today really is.
As we discuss here in the forum everyday, the main reason for BTC not to be taken seriously as digital money like it was invented are:
- its fee cost for lower transaction
- delay and time of the transaction to be approved
- its price that change constantly up
- it's not designed to accept so many transactions
What do you think ?
Do you hold like you holding the gol a decade ago ?
Bitcoin will never ever be as a new gold. I believe that bitcoin is an amazing thing that happened in our times and it helps many people who believe in it. And because many are embracing bitcoin it becomes more and more expensive although sometimes it dumps.
But gold is gold and there is no time from the past history up to now that it is consider as no value, in fact as time passes it becomes more and more expensive.
And the best thing about gold unlike bitcoin is no one can and want to dump it.
I'm not agree with.
If you think about gold - try to think in a disruptive way. Can everyone be able to control the market influence its price by mining ( and here yes with physical act ) and extract more ?
Do you still think big corporation do not pretty understand how the market law works? They have the best engineers due to their economical power so they can afford brilliant minds.
They do not knock to your door asking you:" can we mine some more ? Except the price to go little down in a bit "
Come on. Open your eyes: they can control whatever they want.
Same words goes oil - or I should say black gold - too.