Post
Topic
Board Bitcoin Discussion
Re: What does Bitcoin protects people from ??
by
surfer43
on 06/09/2018, 12:21:38 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
Gold/ silver are physical ammenties which could be used in natural disasters or the world war but bitcoins are not physical. They don't actually protect mankind from any of the above you mentioned but they do balance the financial life of thw individual making them earn a better living and also it does not restrict anyone from getting into it. Stocks are centrakised and the government keeps an eye on them.