Post
Topic
Board Bitcoin Discussion
Re: BITCOIN IS NOT A STORE OF VALUE
by
pepebcn
on 27/09/2022, 13:43:19 UTC
https://www.youtube.com/watch?v=n41GPPhLkhI&t=30s

Keeping in mind the most important factor, without gold and silver, all electronic equipment wouldn't exist = bitcoin would not exist. Computers, phones, tv's, etc ALL require silver and gold to be manufactured.

The argument that Bitcoin cannot replace gold because computers and cell phones are made of gold is, to say the least, misguided. Any mobile phone has many other metals besides gold (about 0.3 grams). For example Coltan, among many others.
I have NO DOUBT that Bitcoin will surpass the market capitalization of gold in the next 5 years.