Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Odusko
on 11/08/2023, 21:55:17 UTC
Another supporting point is that if you consider bitcoin to be a kind of hedge against the whole system in the context of history in which gold was serving that purpose, then bitcoin has largely taken that use case for gold and is about 1,000x better than gold in terms of its verifiability, divisibility, transportability, securability (and cost of security) and even scarcity.

Your arguments in favour of Bitcoin's superiority as store of value, hedge against inflation and growth potential are truly very convincing. Since Bitcoin emerged onto the global financial stage, its unique attributes have cast shadow over the effectiveness of other assets that traditionally held these roles. The gradual diminishing effectiveness of these assets can be attributed to the profound impact Bitcoin has had on the landscape of global financial system.
The most appealing among the features that make superior to other assets that have exited before Bitcoin like Gold is bitcoin availability,  security and transferability this key features place Bitcoin as the best alternative to all the traditional system both in investment class and as a currency,  is just a matter of short time from now,  Bitcoin will surpass all the other assets categories in market cap and value,  since Bitcoin scarcity have continue to act as an anti inflation and the next year bitcoin will become more scarce and it value will increase more.