Post
Topic
Board Bitcoin Discussion
Re: Bitcoin, a digital Gold? I see it as inappropriate!
by
Xril2024
on 19/12/2024, 17:24:29 UTC
Comparing Bitcoin with gold, I would say that gold is a physical asset that has its own value and people use it. On the other hand, Bitcoin is a digital and virtual asset that has no physical existence and is only traded on a digital platform. Gold is a very ancient metal. But Bitcoin has only been around for 15 years. However, both are used for almost the same purpose. That is to "store value". They are used to maintain value in the long term, especially against inflation.