is there any comparison in cryptocurrencies between gold and silver or are they so completely different that they are not in the same world.► Watch on DTube ► Watch Source (IPFS)
The biggest comparison is that gold and silver are based on scarcity and demand. So is a crypto like Bitcoin. But it's hard to compare ALL cryptocurrencies.
Crypto: free of government control, easy to spend, needs electricity, volatile, no intrensic value.
Rare metals: free of government control, hard to spend, can be used for trade with any sentient being, not volatile, has high intrensic value.
The biggest comparison is that gold and silver are based on scarcity and demand. So is a crypto like Bitcoin. But it's hard to compare ALL cryptocurrencies.
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good point !
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Crypto: free of government control, easy to spend, needs electricity, volatile, no intrensic value.
Rare metals: free of government control, hard to spend, can be used for trade with any sentient being, not volatile, has high intrensic value.
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