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Bitcoin gets compared to gold and has even been described as an "anticurrency" [0] but I think there is an important distinction between bitcoin and gold -- th
by sah2ed 9y ago
Bitcoin gets compared to gold and has even been described as an "anticurrency" [0] but I think there is an
important distinction between bitcoin and gold -- the underlying asset is intrinsically worthless, unlike a gold bar which can be melted into jewelry which can then be sold for instance.
[0] https://www.bloomberg.com/news/articles/2017-08-09/here-s-what-goldman-is-telling-big-money-clients-about-bitcoin https://www.bloomberg.com/news/articles/2017-08-09/here-s-wh...