Can Bitcoin replace Gold as store of value?
Historically humans have used various things as store of values like shells, copper, stones, elephant tusks etc before pretty much settling on GOLD which has been kind of de-facto store of value for 1000s of years and it has certain important properties which has helped it cement it’s place against it’s competing rivals. Can Bitcoin replace GOLD as store of value? Lets analyse how Bitcoin stack up against Gold’s most important properties.Durability - GOLD is highly durable - virtually indestr...
Can Bitcoin replace Gold as store of value?
Historically humans have used various things as store of values like shells, copper, stones, elephant tusks etc before pretty much settling on GOLD which has been kind of de-facto store of value for 1000s of years and it has certain important properties which has helped it cement it’s place against it’s competing rivals. Can Bitcoin replace GOLD as store of value? Lets analyse how Bitcoin stack up against Gold’s most important properties.Durability - GOLD is highly durable - virtually indestr...
