4 ms·
"My point is, it's really just convention. So, the same logic applies to bitcoin." Not quite ... Gold is a 5000 year old convention - across cultures, languag
by alexasmyths 9y ago
"My point is, it's really just convention. So, the same logic applies to bitcoin."
Not quite ...
Gold is a 5000 year old convention - across cultures, languages, geographies and epochs.
BTC is a few years old, and nobody really cares about it that much.
Yes - they are essentially 'conventions', but they're so different in that regard they are hardly comparable.
- vasilipupkin 9y agoyes, these differences are reflected in the market caps. But just cause some convention is 5000 years old, it doesn't mean new convention cannot overtake it. Bitcoin is 7 years old and doesn't seem to be going away.