Re:Bitcoin and cryptocurrency prices have fallen sharply ove...
by lawn on Thursday March 12, 2020 @02:26PM
(#22560008)
> What kind of asset is that?
A digital one.
The idea that gold gets its value because it's a tangible asset is wrong. Gold, as a lot of other things, gets most of its value from speculation. The real difference between gold and Bitcoin is the market size, maturity and general trust in gold that people have.
A digital one.
The idea that gold gets its value because it's a tangible asset is wrong. Gold, as a lot of other things, gets most of its value from speculation. The real difference between gold and Bitcoin is the market size, maturity and general trust in gold that people have.