Post
Topic
Board Bitcoin Discussion
Re: 1 BTC = 20 oz of Gold today
by
Lorence.xD
on 30/01/2021, 04:11:21 UTC
It's nice to see these statistics. Oil is also equated with gold and is called black gold, considering it in this way, one can clearly understand that BTC has already firmly become a resource that is simply indispensable today.

Black gold was just a metaphorical phrase for gold, they are both valuable and the color of oil is jet black. I think that you are hyping too much about bitcoin, it is not a resource, it is more of an in between of currency and asset, resource is something that is expended to create something or to function effectively. Resource is something like fiat money, materials and energy source.