Bitcoin is more like gold than currency
This virtual currency is unstable, expensive, difficult to use and tends to deflate, said Noah Smith, a Bloomberg commentator
- Bitcoin wins: Bitcoin replaces the dollar (and potentially other convertible currencies) into the main exchange in the economy. People buy pizza, pay for the house, pay Bitcoin rent.
- Bitcoin as a Gold: Constituent currencies are still the main exchange unit in all but the most turbulent markets such as Venezuela. Bitcoin's market capitalization is still plentiful, and it will continue to rise over time, but bubbles and crashes will continue to occur.
- Bitcoin Failure: Bitcoin is abandoned, depreciated against the dollar and never useful as a method of payment for daily needs.
Great comparison :D! Its also weird to use Bitcoin as payment method when there is a limit to it. The economy is drivin by debt and lending. Bitcoin wouldn't be able to make that possible.
That's my personal opinion :)
i invested $3000 almost 6 month before now i have $500. gold ever behaved like this.
woa. congratulation !
bitcoin is just like lottery anything can happen
I think so :)
With me it's not virtrual currency ^^
I don't think so
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STOPThanks Steem :)