Is Bitcoin a Digital Gold?

This topic contains 0 replies, has 1 voice, and was last updated by  Sam22 1 month ago.

  • Author
    Posts
  • #3918

    Sam22
    Participant

    After reading a lot of posts made by people on this forum, I realized about 75% of them see Bitcoin as a digital Gold. For me, I don’t think Bitcoin is a digital gold. Cryptocurrency or Bitcoin to be precise, was developed to be a safer option for transaction of goods and services and also the best mode of payment. Bitcoin was introduced to disable all the restrictions that banks and the financial system presented. A lot of people have lost huge sums of money because they saw bitcoin as a digital gold. I know others will argue that bitcoin has also made people rich but for me, I don’t think it is advisable to consider Bitcoin as a digital gold. Bitcoin is a digital currency.

You must be logged in to reply to this topic.

Close