April 19, 2024

Bitcoin – new gold or “pyramid”

Today, many claim that bitcoin is the new gold, which has identical properties for storing capital in the world.compared to gold, and also more convenient instorage. This would all be so if it were not for the strategy of most large and small investors. Buy and sell. Speculative strategy. For the same reason, not a single central bank in the world purchases bitcoin for its gold and foreign exchange reserves. In just one theory, a transition from gold to Bitcoin is possible, when people understand that Bitcoin’s profitability is 0%, this will devalue other fiat currencies to it, due to the money supply (not to be confused with consumer inflation). Over the entire industry, such well-known cryptocurrencies have not returned to the price of 2017-2018, now depreciating at 0. Today, many do not imagine that Bitcoin may also not grow in the future to today’s levels.

DASH
Bitcoin – new gold or "pyramid"

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Bitcoin Gold
Bitcoin – new gold or "pyramid"

Bitcoin cash
Bitcoin – new gold or "pyramid"

Stellar
Bitcoin – new gold or "pyramid"

Ethereum Classic
Bitcoin – new gold or "pyramid"