Post
Topic
Board Bitcoin Discussion
Re: What does Bitcoin protects people from ??
by
bitterdog
on 13/08/2018, 08:59:17 UTC
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 ??   Grin
I don't really understand about this mtter, but in my opinion i think bitcoin is trying to protect people from the unfairness of existing financial system that often make the third party gain more benefit than the other.