I am not sure why bitcoin should not be viewed similarly to gold. Gold only has value because there is a finite amount and people have generally decided it is valuable. There are only a finite amount of bitcoins that can be created and people have generally decided it is valuable.
I am not sure why bitcoin should not be viewed similarly to gold. Gold only has value because there is a finite amount and people have generally decided it is valuable. There are only a finite amount of bitcoins that can be created and people have generally decided it is valuable.
In general, these two pieces by Jill Carlson sum up my views about bitcoin pretty well. https://www.coindesk.com/what-goldman-gets-wrong-about-bitcoin-from-someone-who-used-to-work-there
https://www.coindesk.com/cryptocurrency-is-most-useful-for-breaking-laws-and-social-constructs