I have a read a few people comparing Bitcoin's store of value to that of Gold's. That analogy does make sense but they started off by calling Bitcoin a new form of currency, have we given up on that use-case?
Also, Gold fluctuates a lot less and the exchange of Gold is often not anonymous. If I am looking for a place to put my savings why would I choose an anonymous market that is highly volatile?
I understand that this logic is negated by Bitcoin's current
value.
Also, Gold fluctuates a lot less and the exchange of Gold is often not anonymous. If I am looking for a place to put my savings why would I choose an anonymous market that is highly volatile?
I understand that this logic is negated by Bitcoin's current value.