Bitcoin has all the same characteristics as gold

in bitcoin •  7 years ago 

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The amount of Bitcoin is limited, ie there are only 21,000,000 Bitcoins in the world.
Bitcoin can be broken down into smaller units without losing the value of the unit (1 Bitcoin = 100,000,000 Satoshi - the smallest unit of Bitcoin, just like grams in Gold). We can buy less than one Bitcoin.
Bitcoin technology is also stable and will not experience degradation.
Very difficult to make fake Bitcoin, because of the Blockchain system.
You can move Bitcoin anywhere in the world in minutes, regardless of the amount of Bitcoin.
That's why people call Bitcoin a computerized gold, but gold is better advanced. In essence, Bitcoin resembles gold - this is why many people refer to Bitcoin as 'computerized gold' or 'Gold 2.0'.
Characteristic 3: Bitcoin Similar to the Internet
One of the most unique characteristics is that nobody can control Bitcoin. Like the web that anyone can use, as well as Bitcoin characters.
It must be admitted that the web is the greatest advancement in human history and proved to change the way of life and the way people work in the world.
Web present day is designed in an open system so everyone can use it at will. The web system is not owned by anyone play on words (no guard).
What is Bitcoin How It Shapes and What Its Functions 3 - My Finances
The Web is a necessity, so people are beginning to look for ways to save quotas
This leads to "unlicensed innovation" - everyone can try new things without requiring access from the guard. The web is also designed "interoperable" - meaning that the web we use in Indonesia is connected to the web in other countries.
Bitcoin is called "decentralization", because Bitcoin is like a web that is not owned by anyone playing on words (no watchman). Therefore Bitcoin supports the existence of "unlicensed innovation" that allows people to innovate and develop.
Bitcoin is also interoperable - meaning my Bitcoin, your Bitcoin and Bitcoin people abroad are in the same system. Bitcoin is one cash deal worldwide. Bitcoin can be said to be the world's first worldwide currency.
Is Bitcoin Becoming a Digital Currency Revolution?
So, if asked, what is Bitcoin? You can imagine a container (coal) in which there is a charge card (or credit card), gold and the web.
It's all so Bitcoin

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Bit-bit nyo ad?

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