4 ms·

> I mean you cannot (at least to my knowledge) buy burgers with gold/ETFs/Stocks, doesn't the same apply to Bitcoin? Gold is a store of value and ETFs/Stocks a

• scalesolved 9y ago
  Is currency not a store of value?
  • marcus_chang 9y ago
    Not in the same way that gold is. Currencies can experience hyperinflation from increased supply (printing money), but until someone finds the philosopher's stone, gold has relatively stable supply (and subsequently - price).
    • scalesolved 9y ago
      Interesting discussion :) Gold has a relatively stable supply now but back in history we've experienced several gold rushes that I imagine made prices turbulent. From my limited understanding of Bitcoin the supply is also going to be limited and the mining of coins will become harder and harder. Seems to fit more along the line of gold than a currency.
      • deleted 9y ago
        [deleted]