CryptoCurrency : Bitcoin: the new gold
Bitcoin has all the same characteristics as gold. The amount of Bitcoin is limited (only a certain amount will be produced), Bitcoin can be broken down into smaller units without losing the value of the unit (1 Bitcoin = 100,000,000 Satoshi – the smallest unit of Bitcoin, just like cents in Dollars or pennies in Pounds, so we can buy less than one Bitcoin), so my question for the debate is : if worst case scenario happens and Bitcoin becomes just another value traded is stock exchanges, will it be something like gold?
The official source for CryptoCurrency News, Discussion & Analysis.
Don’t forget to share the post if you love it !