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by jayd16 2013 days ago
>Just a question, isn't all criticism against bitcoin applicable to gold?

Gold fluctuates a lot less. Its hard to swallow "ok ok bitcoin is useless but it can still be a stable currency/safe asset" when the price is booming and crashing every year.

2 comments

Fluctuation has to do with volume. (eg, penny stock) In the 1700s the stock market looked a lot like bitcoin.
Bitcoin isn’t useless, it’s useful for storing or transferring Bitcoin in a permissionless way.