Post
Topic
Board Bitcoin Discussion
Re: Bitcoin, a digital Gold? I see it as inappropriate!
by
DavorinBitWave
on 19/12/2024, 08:51:16 UTC
Calling bitcoin "digital gold" doesn't capture the full picture. While gold is physical and needs to be stored and transported, bitcoin is digital, decentralized and can be transferred globally in minutes without needing intermediaries. It's also programmable allowing for things like smart contracts and decentralized finance which gold can't offer. So while bitcoin and gold share some characteristics, i believe bitcoin is a whole new asset class that goes beyond just being a store of value. It's more about revolutionizing the way we handle money and value.