Post
Topic
Board Economics
Re: Bitcoin Is Better Than Digital Gold
by
bestcoins1
on 14/10/2023, 15:43:59 UTC
Gold and Bitcoin, two distinct stores of value, intertwined in the modern financial landscape. Bitcoin's meteoric rise as a digital asset speaks to its growing significance, with a market cap now rivaling physical gold. A fascinating convergence of traditional and digital wealth.
These two assets are likely to continue to compete indirectly through the number of users over time, because Bitcoin users will also continue to grow and Bitcoin will also continue to be well known to all people, just like gold which is also well known to many people. So competition in terms of value and market capitalization will continue to exist between these two assets so this will be very interesting to see, because Bitcoin is a little more modern than gold even though gold can still be relied on as a store of value for most people.