And now that Bitcoin seems at risk of dying, I'm wondering about its value in relation to its characteristics.
So I decided to compare Bitcoin against Gold . I generated the above based only on my knowledge.
I can't say that everything on this is 100% correct, or that my choice of words is lends to perfect accuracy.
Most of the parameters and qualities of each are broadly correct, and for sure there will be pockets of exceptions.
I'd be delighted to hear what others think about all this. Add any parameters I may have missed, in comments section.
For the avoidance of doubt, I have not drawn any conclusions on which one is better. No conclusions are implied. This is not an encouragement to buy or sell cryptocurrencies of any kind.
For the latest in New & Education https://uk.tradingview.com/chat/pm_kLBUYN2yGAnXH2tj/
Now we have an 'electronic gold' that is rather troublesome but finding its feet in utility. So evaluating the utility of cryptos for the future at a 'conscious' level. I also do a thing called 'unconscious processing' - not yet heard of in 'trading circles'. LOL. For those familiar with brain anatomy, I've put it in the thalamus. :)) May take some time, cuz I don't have control over my CPU. OMG. Have I kerfuffled 'everybody'? :))