Bitcoin is still king followed by ethereum apple alphabet microsoft saudi aramco shell and tesla. Know speculate that the hack is just a scape goat propagated by central banks and governments to hide the failure of fiat currencies. 5 ways to compare two of earth s scarcest assets.
In fact many have called bitcoin digital gold in the past. Bitcoin is a blockchain based cryptocurrency that shares some properties with its gold counterpart. Bitcoin bursts onto the scene.
If we go back into the not too distant past the us dollar was on the gold standard meaning fiat currency was redeemable for actual gold. Bitcoin vs fiat currency and what comes next. In this video we compare the traits of money between bitcoin gold and fiat n nif you watched my previous video talking about what is money and how does it work then you.
De acordo com o que foi publicado pelo marko whiteboard finance. Bitcoin vs gold vs fiat. Poucos minutos atrás foi veiculado pelo canal marko whiteboard finance o vídeo the best form of money.
So if you had to make plans quickly as a lot of people in asia i m sure are worried about being kettled in their cities not just in china you d want to have the ability to take 100 000 200 000 a. Bitcoin is now proven to be of use because you can buy it and turn it into fiat very very quickly and very very easily international. The total supply of bitcoin is capped at 21 million and its inflation rate is set in stone as well.
Bitcoin is a better form of money than fiat currencies and potentially gold as well. Dollar index which measures the strength of the dollar relative to a basket of currencies. As expected bitcoin has the highest volatility followed by the s p 500 gold and then the dxy u s.
Bitcoin vs gold vs fiat vs equity first a general comparison between the four asset types is shown in figure 1.
Bitcoin vs gold vs fiat. Btc is superior to both fiat and gold when it comes to scarcity since it has an artificially set supply limit of 21 million coins with a fixed and predefined inflation schedule. If you wish to delve deeper on the topic of cryptocurrency inflation you can read more about it here. Bitcoin is highly divisible in comparison to gold which is not super easy to divide on the spot however fiat can be. Merchant adoption is although very less for bitcoin but it is improving day by day.
Overall bitcoin remains above gold as well as fiat currency considering all the above mentioned points. What are your thoughts on the same.
What are your thoughts on the same. Overall bitcoin remains above gold as well as fiat currency considering all the above mentioned points. Merchant adoption is although very less for bitcoin but it is improving day by day.
Bitcoin is highly divisible in comparison to gold which is not super easy to divide on the spot however fiat can be. If you wish to delve deeper on the topic of cryptocurrency inflation you can read more about it here. Btc is superior to both fiat and gold when it comes to scarcity since it has an artificially set supply limit of 21 million coins with a fixed and predefined inflation schedule.
