Bitcoin can be new gold

The big question for Bitcoin: is Bitcoin a commodity or capital? It's a big question because goods bubble and when you happen they go through some mini-boom and explosions that fall after a period of time.

It would be a disaster if Bitcoin were like goods. But even capitals and technological stocks fly at different periods of time. But their booms grow in the economy and become bigger and bigger every day.

The last two technological bubbles have displayed the same names: Amazon, Apple and Microsoft and it's a model that people who believe in Bitcoin want to see from their cryptographic assets.

Currently Bitcoin looks more like a commodity because after the first bubble, it suffered a drop in interest and as a result of value. This process looks like a “extension” of a bubble commodity. But goods go towards collapses because companies invest in one thing and then pull it out of the market, causing a price collapse. The decline of the price moves others to flee, resulting in a massive decline and repeat cycles of decline.

Bitcoin may be new gold, but gold isn't like Bitcoin. Last year 14 million ounces of gold were dug and 2.5 million Bitcoin. Even in the coming years, as much gold will probably be mined.

Bitcoin's supply control mechanism is one of the strongest technology points and they share Bitcoin's roads with one of the goods. In fact, the daily bitumen supply will fall until it is completely banned.

But Bitcoin is neither capital but a unique asset hard to understand. It's an extremely rare asset with a strong inside, huge instability and it's applied technology. Saltomonement is growing and does much that does both gold and even better.

Gold, on the other hand, is a commodity for practical use, and it is exploited by governments for as simple as important.

Gold is the only acceptable currency in war, and while the letter is working in peacetime, gold is the only money in the face of conflict. Governments are therefore seeking gold today.

While gold remains the only currency in wartime, Bitcoin is rapidly becoming an asset that will avoid wars. In a world where much of the world's population is under totalitarianism or wild regimes with high barriers to prevent capital growth, the need for Bitcoi as a way to overcome these barriers will only increase. As the gold remains the main, bitumen will gradually receive pieces from it.