Post
Topic
Board Economics
Re: Just a remark about Bitcoin, Gold and Water...
by
davis196
on 11/04/2020, 06:31:13 UTC
I think, Bitcoin is similar to WATER. In the Nature, there is water in the clouds, not gold Cheesy
Any opinions? Wink

Is this a joke?Sounds really stupid to me.
In the economy,rare things are considered valuable.Gold and diamonds are rare(their mining is expensive),therefore they are valuable.
Water isn't rare,it's very accessible,therefore it's cheap.
I don't get your metaphor.What do you mean by "water in the clouds not gold"?