Post
Topic
Board Economics
Re: Gold exist 1000+ years. while bitcoins exist 10 years.
by
fasdorcas
on 08/02/2019, 16:22:28 UTC
Technology makes everything a lot quicker in our life. Just 30 years ago telephones were a tough thing and not even every single house had them, look at us today with our mobile phones that are "more advance than the technology used in nasa to send spaceship to moon" (which is idiotic considering who uses it is more important).

So, gold could be compared to bitcoin some manner (even though dollar and euro is more comparable to bitcoin than gold is since bitcoin suppose to be money and not a commodity) but the technology is adoptable in our lives much quicker in recent years than the old days where everything was taking so long for people to actually get their hands on. When first cars were made it was the local places that got it first, now when a new innovation happens all world gets it. Bitcoin has that super advantage over gold.