Post
Topic
Board Economics
Re: Is it digital gold?
by
homeidea11111
on 17/05/2018, 18:20:35 UTC
Bitcoin is like digital gold ........ is it correct? It is a transferable asset but not duplicable ..... do you agree? What are the points in favor and those against this statement? I would like a very analytical and specific arisposal.

Bitcoin is partly like gold because a lot of effort and resources need to be spent to extract each bitcoin. However paper money of $10 costs almost the same to print as $50, so paper money isn't like gold at all.