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You can do actually things with gold. More than you'd expect (for instance http://geology.com/minerals/gold/uses-of-gold.shtml http://geology.com/minerals/gold/
by top256 9y ago
You can do actually things with gold. More than you'd expect (for instance http://geology.com/minerals/gold/uses-of-gold.shtml http://geology.com/minerals/gold/uses-of-gold.shtml )
BTC is quite different as it is only a "value store" and is inflationary (the supply of BTC is fixed and won't increase)
- kobeya 9y agoI think you mean non-inflationary?
- top256 9y agoyes my bad: https://bitcoin.stackexchange.com/questions/19961/is-bitcoin-deflationary-and-inflationary-at-the-same-time https://bitcoin.stackexchange.com/questions/19961/is-bitcoin...
- CJefferson 9y agoWell, except the supply of bitcoin goes is massively inflationary (miner's fees), and it is unclear the network can function without miner's fees. My personal suspision is at some point the miners will convince everyone to make a fork which keeps miner's fees forever.