Post
Topic
Board Bitcoin Discussion
Re: Why not compare Bitcoin with money?
by
sneeze11
on 18/04/2018, 11:53:03 UTC
Objectively, the money is just a sheet of paper, why? The paper is recognized by the state government to ensure that, so what is the guarantee? that is gold. Which country more and more gold, wealth assets are terrible, that currency is priced compared to other currencies. To understand more about currency you can see the book "War Money" nhé!

Bitcoin is generally accepted by the community and is priced against USD or gold so it's worth it.

In short, every value is converted into gold. But gold has some major disadvantages so new alternatives are available such as money and now Bitcoin.


Actually if you're going to compare bitcoin with money there are so many difference. In money you can buy whatever you want because all store accepting money but when it comes to bitcoin few store only accepting bitcoin as a payment because bitcoin is not legal worldwide. I wish bitcoin will be legal worldwide someday so that we don't need to convert it to real money.