RE: Bitcoin Vs. Gold

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Bitcoin Vs. Gold

in bitcoin •  7 years ago 

Bitcoin has it's uses, but it will never be as important as gold because it doesn't have intrinsic value. Bitcoin is just a digital fiat currency. It is more advantageous in some ways when compared to other fiat currencies like the US dollar as there is a limited amount of bitcoin that can be mined, while the US dollar can be printed indefinitely. However, gold does have intrinsic value, it has applications in things such as electronics and medicine.

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