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Author Topic: Is Bitcoin a Digital Gold??  (Read 676 times)

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Offline emma.lee1890Topic starter

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Is Bitcoin a Digital Gold??
« on: October 19, 2018, 04:02:48 PM »
After reading a lot of posts made by people, 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.


 

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