I think the rise of Bitcoin is nothing less than amazing, right now it's at $62,887 ! I first heard of it in 2010, that would make it 14 years old, it's come a long way since then... But what is it exactly, does it even exist ? I guess it's like religion, you have to believe in it.
Bitcoin advocates say its not a Ponzi scheme, even though it meets the common definition of one.
Gold is now at $ 2130 per ounce, which seems a trifling amount compared to Bitcoin, but central banks around the world are stacking it like crazy. What do they know ?
I first heard of gold in about 1960, it's had great value for thousands of years, and it actually does exist, I can see it and I can hold it, that gives it credibility.
The point of Bitcoin seems to be to make more digital money, least I think that's why people invest in it.
The point of Gold is wealth preservation, it is not an investment. Disregarding day to day fluctuations it maintains it's value as the value of the dollar collapses.
Gold is real money.
PS, I wanted to post a picture of a bitcoin, but's difficult to post a pic of something that does not exist.
Bitcoin advocates say its not a Ponzi scheme, even though it meets the common definition of one.
Gold is now at $ 2130 per ounce, which seems a trifling amount compared to Bitcoin, but central banks around the world are stacking it like crazy. What do they know ?
I first heard of gold in about 1960, it's had great value for thousands of years, and it actually does exist, I can see it and I can hold it, that gives it credibility.
The point of Bitcoin seems to be to make more digital money, least I think that's why people invest in it.
The point of Gold is wealth preservation, it is not an investment. Disregarding day to day fluctuations it maintains it's value as the value of the dollar collapses.
Gold is real money.
PS, I wanted to post a picture of a bitcoin, but's difficult to post a pic of something that does not exist.
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