Bitcoin vs Gold

in #value • 6 years ago

Many are looking to determine what the world reserve will be.

Gold is often called a store of value, something that Bitcoin proponents feel will be replaced by Bitcoin. The problem is money can never be a store of value since it is always traded against something else.

Looking one store of value required consensus on what that is which is impossible. People will never agree to one thing. Some believe real estate is the ideal store of value. Basically, it is up to personal preference.

Even central banks use different stores. They have dollars but they buy bonds with them. Even central banks require income.

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#wealth #currency #bitcoin #sharingcontent
6 years ago in #value by
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     6 years ago 

    Thank you for this valuable article. I have already posted an assessment about bitcoin and gold. https://steemit.com/bitcoin/@huseyinunozkan16/bitcoin-follows-gold-bitcoin-blockchain-infographic-xdcfoqac

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     6 years ago 

    About 93.31$ has been spent to promote this content.

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      You got a 32.09% upvote from @brupvoter courtesy of @steemium!

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