Topic: GOLD and BITCOIN: What is their similarities? - page 3. (Read 363 times)
Probably the most common thing that has always been mentioned is the scarcity. Gold and bitcoin has a limited supply and both are used for something in the life, there is always a requirement for it. Gold could look like a thing you buy for investment or even a present and whatever but in reality there are products that use gold in it so gold is basically used and gone from the market all the time (except some recycling situations) same goes for bitcoin, there are lot of reasons why people use bitcoin and even tho it is not totally gone there is always some people who forget their wallet addresses and all. So they are both things that have limited supply that gets even more limited with time which makes them super valuable because they are also in demand as well.
I always see what is the difference but I want to know what is their similarities. Show me what you know.
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