There is no similarity. Bitcoin is an open source computer algorithm (20K plus crypto "currencies") where you are buying the result of a calculation. Gold is an element that has broad use in many industries from computer chips, medicine, aerospace. Bitcoin is 100% tracked and traced once you have gold it's harder for government to track exactly where it is. If you like crypto speculate on a technology that can solve real life use cases e.g. HBAR.
Well said, I love my physical shiny including platinum since 1984. Tracked just cross the IRS and the Bitcoin holder will find out that that item is yours. I was shocked when I say my first Bitcoin IRS secure in the news. Lance.
Bitcoin has other major use cases now and more coming like decentralised finance. Currently many companies like Microsoft to secure and record data on its blockchain.
There is no similarity. Bitcoin is an open source computer algorithm (20K plus crypto "currencies") where you are buying the result of a calculation. Gold is an element that has broad use in many industries from computer chips, medicine, aerospace. Bitcoin is 100% tracked and traced once you have gold it's harder for government to track exactly where it is.
If you like crypto speculate on a technology that can solve real life use cases e.g. HBAR.
Well said, I love my physical shiny including platinum since 1984. Tracked just cross the IRS and the Bitcoin holder will find out that that item is yours. I was shocked when I say my first Bitcoin IRS secure in the news. Lance.
One key difference between gold and BTC: gold is a physical asset but BTC is digital.
Bitcoin has other major use cases now and more coming like decentralised finance. Currently many companies like Microsoft to secure and record data on its blockchain.
Crypto is not a store of value, its storing nothing 😂
Both are shite, stocks all day.
Ethereum!
Cardano ADA