2 years ago
What Makes Bitcoin More Valuable Than Gold And Fiat
Since it was created in 2009 by the pseudonymous Satoshi Nakomoto, Bitcoin has become increasingly popular and valuable, garnering worldwide attention. In April 2021, Bitcoin’s market capitalization crossed the $1 trillion mark, making it a more attractive investment option for many when compared to gold. However, there are underlying principles that determine what constitutes money in an economy. Can we use mangoes as currency? No, it lacks some critical elements that are necessary to establish the value of an asset.
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