Post
Topic
Board Economics
Re: The Reason Bitcoin Investment will be preferred more than Oil
by
KaliLinux
on 16/05/2021, 16:20:09 UTC

While oil investments can only be felt by businessmen and everyone can not easily invest in it.

You are still inferring that very few are using it and are goyto be using it and bitcoin will grow more by the facts listed above.

And as to the oil use also the second part of the post is saying electric cars will eventually put the oil usage to limited use at least.
I believe that this is the major thing here. Because most of the cars will be going electric in the coming years and even the electricity for our homes now is more renewable, obviously, the demand for oil will reduce over the coming years and since this will definitely negatively affect the demand you should expect it to also affect investment in it too so it wouldn't be a surprise that Bitcoin will be more attractive for investment than oil.