Post
Topic
Board Bitcoin Discussion
Re: What does Bitcoin protects people from ??
by
[ProTrader]
on 06/09/2018, 11:12:31 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
Bitcoin is mainly protect the users from inflation. Since its supply is very limited and cannot be duplicate unlike fiat currency it is inflation proof. It is also considered as stored of value like bitcoin where you can keep it and use it in case of emergency.