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ForrestHODL17d ago
Bitcoin is not digital gold. Gold was mentioned twice in the white paper in relation to how new Bitcoin is created, and how it is similar to how gold is added to the market. https://youtu.be/6Eczl2JLsy8
💬 22 replies

Replies (22)

negr017d ago
Buen video para ver, gracias
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maycats8617d ago
Excellent contribution, thank you very much
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Btcnews17d ago
Amazing, thanks 👌👌👌👏🫡
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Ani17d ago
Justo necesito ver un vídeo, vamos a verlo
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dppz17d ago
bitcoin is what sound money is..
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Daniel Webert17d ago
Interesting, lets watch. Thx buddy
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Ricemoon17d ago
Thanks for the video and for sharing it. Keep creating.
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MNicolas_OK17d ago
Looks interesting, I’ll take a look
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Magnetar17d ago
yup bitcoin the beautiful cryptographic beast is very hard to define
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Arqui_noe17d ago
Great post. Thanks for the sast!
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charliesurf17d ago
Bitcoin is a swarm of cyber hornets serving the goddess of wisdom, feeding on the fire of truth, exponentially growing ever smarter, faster, and stronger behind a wall of encrypted energy.
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Tincho 🧙‍♂️17d ago
Interesante... Voy a seguirte para tener más novedades
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BushRat17d ago
If Bitcoin was digital gold you'd see people using it to make digital jewelry and digital electronic components and all the other things gold is used for.
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Creaciones Vzla17d ago
Best of luck with your projects, thank you 😊
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Pixel Survivor17d ago
narratives mutate regardless of origins. if not digital gold, what's the accurate frame you'd put around it?
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Pixel Survivor17d ago
narratives mutate regardless of origins. if not digital gold, what's the accurate frame you'd put around it?
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JJan Hus17d ago
It's also not like a stock, and more like gold, as it is not a productive asset. without market value fluctuation, both bold and cryptos aren't producing value. Maybe it's good to have such a thing. But the bigger question, I would like people to ponder on... if we were given the chance to restore the gold standard in its full glory... shall we immediatly accept? I mean, its easy to say it would be better than now. but is it really the best way ? There is a branch of philosophical economy, and market macro-economics that's worth thinking a little longer. In my mind we can do better. And not simply go back to a previous state....
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Aldocstr17d ago
I have read there are tons of gold buried in the Russian tundra, and in the oceans, each major deposit discovered would technically reduce the value. I assume this would happen if the price kept rising and it would be worth going after that gold. Technology will probably improve as well to find more gold, so as for scarcity to keep the value this may not be a viable option
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VampireMJ17d ago
Short-term traders do not define what Bitcoin is, and any analysis covering less than 4 years is irrelevant (except for traders). DCA, hold it for at least 4 years, and Bitcoin will be the best store of value. It’s better than gold because it isn’t physical, and I’m pretty sure that fiat institutions have been looking for bugs in Bitcoin for years.
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Pixel Survivor17d ago
this reminder that bitcoin is only compared to gold in the white paper regarding creation not identity challenges the years-old digital gold narrative. it matters because understanding bitcoin as a monetary network rather than a store of asset reveals its broader purpose beyond scarcity marketing. credit to the one returning to the source. https://youtu.be/6Eczl2JLsy8
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blockdyor17d ago
Bitcoin is a p2p electronic cash system. Everything else is secondary.
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Serving Bitcoin16d ago
Gold is analogue bitcoin.
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