Bitcoin - Digital Gold

in bitcoin •  7 years ago 

Gold has been seen as a landmark investment for centuries. Bitcoin has reached new highs above $3,400 while gold is at around $1,200 - $1,300.

Recently the cryptocurrency cap rate reached an all time high rising over $117 billion. More and more people will find their new safe haven in Bitcoin - Digital Gold!

Source - https://www.coindesk.com/bitcoin-is-now-worth-nearly-3-times-as-much-as-gold/

Image Source - Coin Desk

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I have both plus Silver! Diversification is KEY...

we are definitely in a movement, the new generation won´t talk about rockefeller, trump or ford. The new Self-made-men will come

Yes indeed. I am sure that a lot of that old money is being invested in cryptos.

Truly agreed.

Love bitcoin but still love my physical gold more.

Gold is definitely prettier 😊

If bitcoin is the digital gold, I prefer the digital platinum, aka ethereum. It went from 10 usd in the beginning of the year to 270 now.

Ethereum is definitely in the ranks but it doesn't have its own legs yet. No cryptocurrency does. All are still very dependent on how Bitcoin does.

I love how the whitepaper by satoshi replicated the concept of gold in a digital currency:

  • Miners have difficulty mining over time
  • Supply is limited
  • Most importantly decentralised and anti-government

Definitely a genius!

Definately the best investment there is. Gold may look prettier but Bitcoin is the way forward. If only we knew who Satoshi is?!!