Post
Topic
Board Economics
Merits 1 from 1 user
Topic OP
Is Bitcoin the future of the global economy or just another commodity like Gold?
by
efiminzer
on 05/05/2020, 08:28:25 UTC
⭐ Merited by Upgrade00 (1)
So lately I've been thinking about the global financial economy and the way it works.  Huh

During my BA, I had a course with a professor that played a very high role in the central bank of Israel.
I asked him "Is the bank preferring for the day after the economy will collapse?" the answer he gave me was not clear. I saw him struggling to answer that.

But when I examine Bitcoin and other crypto coins, I see it not as a replacement of money, but just as a replacement of the central bank money printing. Because eventually, we'll all look for a place to keep our money safe (a bank) and someone to give us a loan on occasion.

So my question is, is it really the future of the economy? or just the "new gold"?  Undecided