I know very little about cryptocurrency, but from my understanding this thread is mostly on point. Would be interested in views from experts in the areahttps://twitter.com/justinlabel/status/1433630073974894594 …
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Intrinsically BTC is a technology, like money, that functions as a store of value. Just like Gold has value beyond intrinsic metal, properties. But
#BTC
is much better- more portable, verifiable, divisible and scarce.https://www.youtube.com/watch?v=YHjYt6Jm5j8 … -
I understand the basics of the currency, but gold also has its limitations as a store of value. BTC is in theory both a currency and an asset, but in practice using it as a currency is limited and as an asset the value largely comes from speculation
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