Gold and silver are hedge against inflation/price rise and they protect people's wealth during wars, natural disasters such as Earthquakes, hurricanes, cyclones, economic crisis, 9/11 terrorists attack etc.. so gold and silver are a store of value.
Stock markets are indicators of sales in the economy. When there is sales for the company as per study, they are profits and share price rise. if there is loss, the share price falls.
As a commodity, what does Bitcoin price show or protects people from ??
Stock markets are indicators of sales in the economy. When there is sales for the company as per study, they are profits and share price rise. if there is loss, the share price falls.
As a commodity, what does Bitcoin price show or protects people from ??
For me, bitcoin protects people from being scammed by other banks or hackers. Since bitcoin is secured, it lessen the chance of being hacked by hackers or scammed. It also protects people from being greedy.
i would say crypto users are more vulnerable to get hacked than fiat users. It's because of lack of education. You hear about crypto hacks every week, how often your fiat bank account got hacked? Even if so, you're likely to get reimbursed