Post
Topic
Board Bitcoin Discussion
Re: Gold has been down 90% Nobody said "Gold is Dead" - BTC is the New Gold - Right?
by
vitamink2
on 26/11/2018, 12:12:11 UTC
It seems as though the commenters above are right,

Bitcoin, when cheap, is a means of payment. 
 
Bitcoin, when expensive, is a store of wealth (simply because it cannot be a means of payment.). 
 
But it seems that Bitcoin is almost as volatile when it is a store of wealth (expensive) rather than a means of payment (cheap.).
 
Makes me wonder whether Bitcoin Cash then is the true Bitcoin...