Why is everyone comparing Gold to Bitcoin? Gold is Gold – Bitcoin is Bitcoin. They both have their worth?
Honestly the modern devices you use every day needs gold to operate or they wouldn’t work. Bitcoin is good at validating complex mathematical puzzles and consuming a vast amount of energy. Both have value according to self-appointed experts so make choice and pick your poison.
Better to have a potential top than a continual 13-year bear market that doesn’t look like ever reversing (gold).
You are comparing Bitcoin to the most transformative technology of our lifetime (the internet) yet worried about a temporary short-term market top early in the adoption curve before it went parabolic for decades. I think you are finally realizing how valuable Bitcoin actually is.
If you go to every China town in every country you will see a lot of stores selling gold even the filthy rich gangsters wearing heavy gold necklaces. Do you not consider that a warning sign for gold as well that’s already overproduced? Just saying.
Bitcoin is crypto just like gold is a metal. There are many metals, but there’s only one gold. Close enough to home to understand?
The American way of life is unsustainable and was financed by the worldwide acceptance of American bonds. The debt is currently unpayable and it is being devalued with inflation.
Then, they will create a new currency, and reset everything and the world will accept that new currency, as they will say that everything will be different. Write it down.
I hear from Bitcoin followers one strong argument, why crypto is so important for our future. We can use residual energy in our power grid to mine coins! It’ll help grid to be more stable! Strongly disagree! Let’s rather use that energy to produce H2 to power our batteries.
Tech has been eating the world ever since the Dotcom bubble burst. The crypto bubble burst in 2018. The table has been set for major crypto gains over the next decade.
You conflate bitcoin and crypto then try to attack bitcoin by making points that are only valid against the altcoin scams.
Bitcoin is the native money of the internet and adoption will reach a billion people not many years from now.
Bitcoin and Blockchain are here to stay. It’s best you focus on how to get involved and make money with them instead of foolishly trying to bring them down. It’s not working.
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