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 ??
Well, about gold it is a hedge against inflation yes but I do not imagine going to buy my daily needs with that or you just need to bring it somehere, what a pain. BTC is just currency but its limited amount makes it deflationary so it makes it a hedge against inflation and easy to use it for your daily use when there will be more adoption.