Post
Topic
Board Economics
Re: Bitcoin will replace oil and Gold
by
jasonjm
on 16/02/2021, 13:11:32 UTC
Governments all around the World Secretly start using together with banks the bitcoins.
Oil is done so They replace bitcoin instead of oil.

The btc volatility might go like daily 50k-100k price Changes.

Bitcoin will be instutionalized permanently.
The Global market prices Liqutation postion will be fluctuated by Bitcoin price.


I said this before but nobody didnt listen but now its here!!



Well, that is just an assumption, there is no possible way for bitcoin to end Gold and oil dominance in near future. Let say Bitcoin will be adopted by masses still it will not be able to replace gold and oil as a trading option because of its limited supply and extreme volatility.