Can Bitcoin be compared to gold? What are the similarities between the two?

Bitcoin and ** cannot be compared, because one is physical and the other is not. Both of them can measure the value of an item, but neither of them is currency and cannot be traded directly.

No, the similarity is that both have a high value and can also be circulated on world trading venues.

It can't be compared, but the similarity is that it can be exchanged for cash, and there is some room for appreciation.

No, because Bitcoin is a virtual currency, there are a lot of uncertainties. Both have their own unique markets, as both Bitcoin and ** have their own trading markets. There is a supply and demand relationship, because both Bitcoin and ** have a very large number of buyers and sellers.

Of course, it can't be compared, Bitcoin is a virtual currency, and ** is a real thing, but both have a certain social value, and can even be used for circulation.

There is no relationship between the two, the only relationship is that they are tools that can be invested, can make money, and make money.

Bitcoin has been frequently linked with "**" recently, and the trend has reached an astonishing 70% similarity. Cousin takes you to the truth. Cutting leeks is still the same, taking advantage of the east wind to wash dishes.

The relationship between Bitcoin and **.

Bitcoin, a blockchain-based digital currency, is often considered to be able to become a global safe-haven asset like **. In this era of global turmoil, even ** has become unreliable and could be confiscated like India. Some people have begun to think that Bitcoin can replace Bitcoin, because in addition to having the reserve capacity, Bitcoin has some capabilities that it does not have, such as low fees, fast transfer capabilities, decentralized nature, etc.

As the use of Bitcoin continues to grow in popularity and volatility continues to decrease, the position of ** has begun to be threatened.

Will Bitcoin shake the status of **?

It has a long history, almost as long as the history of human civilization, and has withstood countless tests in history. Bitcoin, on the other hand, is less than a decade old, but its value has been substantially larger. There is no support behind Bitcoin, and of course, since the end of the gold standard, no other currencies have either, but there is not even a central bank behind Bitcoin.

It's hard to predict that Bitcoin will not exist in the next decade, a hundred years, or even a thousand years.

There is no direct connection to Bitcoin.

Neither is money: money is a circulating currency that is widely accepted as a medium of exchange, and its classification as money dates back to the early days of capitalism, when it could be exchanged for any item, as a tradable instrument and asset currency, which could be exchanged for a certain amount of dollars.

Bitcoin is now a means of being paid for online and offline, and many countries have accepted it, but it has not yet been accepted by the whole world.

In fact, it is the world's hard currency, and it is also a benchmark for hedging its value, so if you invest, you will not have a big loss under normal circumstances, but Bitcoin, after all, it belongs to digital currency, and one of his virtual currencies is not real, so one of its impact changes cannot be said to have a great relationship, but the actual currency currency will affect the virtual currency.

**Nothing to do with Bitcoin.

vs Bitcoin

It has always been a value asset that is suitable for long-term holding, used as a hedge against market downturns. Investors usually hold in part of their portfolio, etc., which can hedge against losses that may be incurred during an economic downtrend. Bitcoin as an investment is still very young and has not yet been precipitated and proven over time, but there are crypto investors who are using it to store value and hedge risks.

Under the current norms, a transaction, weighing and tracking system is in place that is difficult to steal or counterfeit, and it is also highly regulated. Bitcoin is not a commodity currency and lacks national sovereignty. This is reflected in Bitcoin's extreme volatility, which comes from speculation rather than fighting inflation.

In terms of utility, ** has historically been used in many applications, can be used as currency, luxury, etc. This cross-functional utility gives **the ability to maintain value when other assets are valuable**. Bitcoin has limited utility.

It is currently only used as a digital currency investment. However, the advent of decentralized finance has made it possible to use cryptocurrencies for financial transactions.

In terms of liquidity, cryptocurrencies are generally highly liquid assets; However, this may not always be the case. If the market fluctuates wildly and many investors start their Bitcoin, it will be correspondingly substantial. At the same time, Bitcoin is also affected by the ** effect, investor sentiment, regulatory actions and speculation, **there is a skyrocket**, but ** does not.

As a safe-haven asset, ** has always played an important role in a portfolio. Global recession risks, stagflation set the stage for a positive performance in 2023**. Juxiang Bullion is a member of Class AA No. 117 of the Hong Kong Gold and Silver Industry ** Market, providing investors with ** and ** electronic trading services, and investors can enjoy five-star professional services and extremely low transaction costs in the industry.

The platform has one-to-one exclusive investment customer service to answer questions for investors to the greatest extent.

Any investment method has a certain degree of risk, and investors should choose financial products that are suitable for their own risk assessment level. The above views and suggestions are for reference only and do not constitute any investment advice.

Definitely not. Because Bitcoin is a virtual good, and ** is a private item. So Bitcoin is simply not a substitute**.

No. After all, Bitcoin is a virtual coin, and ** is a real fund, not a concept.

I think at least not in the short term, after all, because of its stability and scarcity has always been favored by the major investment bigwigs, and Bitcoin, although the return is relatively higher, but the associated risks are also relatively large, some people get rich overnight because of Bitcoin, and some people fall into a crisis of life because of Bitcoin, so if in the future, when digital currency has become a standard, when the development of society has no need for valuables such as ** to transition, I think Bitcoin may surpass it at that time, because at that time it was just a number for us, and at that time it was just a metal that could be mined on other planets at will, so I think Bitcoin has a trend, but it's not time yet.

Even Warren Buffett, who is known as the god of stocks, has always disagreed with Bitcoin, he believes that Bitcoin has no investment value, Bitcoin will not generate any returns, and it is just to find the next buyer. So he has already stated his attitude that he will never invest in Bitcoin. And this idea seems to have been shaken recently, because Warren Buffett's latest investment project already has Bitcoin-related company projects, and I think he has also been shaken by the skyrocketing price of Bitcoin.

has said so much about Bitcoin, but ordinary people should not touch Bitcoin, this is not something that ordinary people can play, and only those professional institutions can not lose money in the Bitcoin market, or even make a small profit.

I think for ordinary people, if you are really afraid of inflation, you can buy some** deposit in the bank, although **of** has been changing, but at this stage, ** can play a role in the purpose of maintaining and increasing value, you can also buy some bank wealth management products with less risk, anyway, no matter what you buy, you must pay attention to the risk.

In addition, as ordinary people, we must cherish our time and make good use of every second. Do not let go of no detail, be cautious, meticulous, and be able to do this, what else is impossible? No one in this world can really help you except yourself, and even if you do, it will be temporary.

Because only in this way can we guarantee that our property will not be damagedSo whatever you do, you have to take it seriously

Finally, I hope you still don't touch Bitcoin and other things, because it is because of you that those institutions can make moneyRemember! Remember!

No, because Bitcoin was honestly stirred up by American capitalists, and it can't be compared with **; And Bitcoin doesn't hold its value.

Bitcoin can't be compared with **, I feel that the value of Bitcoin is just speculation, it doesn't actually have much value, ** does have a certain value.

It can't be compared with **, Bitcoin does not have the 5 major attributes of **.

No. Because "Bitcoin" is a virtual currency, it needs to establish a credit system before it has value, and ** is a hard currency, equivalent currency.

Bitcoin can be compared to **, because Bitcoin is also very expensive now, multiplying many times.

Bitcoin is called a "digital" by some, and it can't be compared to it. The development of the Internet and other communication systems has accelerated the process of electronic and virtualization of money, which has led to changes in the way markets are entered, the way markets are traded and the methods of payment. As a new product, Bitcoin is a revolution in the history of money.

Until now, the currency (or equivalent currency) used by humans has changed from salt, shells, and other tangible objects to gold, silver, copper, and paper money, checks, to electronic money and virtual currency. It's a very clear evolutionary process. Judging by the trend of its intrinsic value, it is gradually declining.

However, its convenience as a payment method has increased considerably.

Over the past three decades, the way people deal with complex market systems has changed dramatically due to the rapid development of communication technology. Bitcoin is the product of the integration of cryptographic communication technologies. It is a decentralized peer-to-peer digital currency based on encryption.

It can use cryptography to ensure a fast and secure transfer of funds between the two parties of a transaction without the need for a third-party credit platform。The value of Bitcoin is not determined by any ** or organization and is not endorsed by its credit. It is characterized by complete decentralization.

The current Bitcoin monetary system is also flawed. There is no ** bank to control all financial activities, and the system does not allow lending. **The banking regulator has violated the Bitcoin rules, so it may be necessary to bring in a bank or intermediary to complete the relevant financial services and supervision.

Based on this assumption, banks or intermediaries in the Bitcoin financial system are not allowed to make mistakes: banks or intermediaries will be in danger because there is no institution like ** bank to be their lender of last resort. This requires banks or intermediaries to have a more stringent risk monitoring and risk management environment within the framework of the Bitcoin financial system.

But in reality, the financial management of Bitcoin is vacant and controversial. The current Bitcoin system will not create a stricter regulatory environment for financial risk than banks.

With the development of human society and the development of the international monetary system,** has gone through the twists and turns from commodity to currency back to commodity (non-monetization**), and its historical status and role have also changed. In the age of money, it once played the role of a scale of value, a medium of exchange, a means of payment, a reserve currency, and a world currency.

Therefore, there is a big gap between the function of ** and Bitcoin.

Of course, it can't be compared. Because the Bitcoin market is not stable, and the ** market is particularly stable.

No, because ** is a global hard currency, and Bitcoin has many limitations.

Yes. The value of Bitcoin is much higher than **, and its ups and downs bring more benefits than many products on the market.

I think it's still hard to compare Bitcoin with **. <>First of all, Bitcoin as a virtual asset and **as a physical asset** are inherently more collectible than Bitcoin. Because for the whole world, once a major change occurs or the Internet has a certain failure, then for virtual assets such as bitcoin is likely to be directly wiped out, difficult to preserve, and for such physical assets, it is difficult to evaporate directly due to some changes, for most ordinary people, preservation may be a more real way to hold wealth.

Secondly, **** is relatively stable, and Bitcoin is automatically too violent, making it difficult for ordinary people to invest in Bitcoin. For Bitcoin, it is often because of a news or the introduction of politicians that Bitcoin rises or falls, which is for every ordinary person, such a big drop and increase is unbearable for many people, if Bitcoin rises sharply, it is fine. However, once there is a large-scale sell-off, the sharp fall of bitcoin will lead to the direct bankruptcy of many people.

Finally, ** is common to the vast majority of countries in the world, not only developed countries for some backward countries** can also play a role in preserving wealth. Even if there is a world war in the future, it can still be accepted by the public as hard currency in times of war. But for Bitcoin, many countries have passed laws prohibiting the operation of Bitcoin, and for some backward developing countries, many people simply don't know what kind of thing Bitcoin is, and the Internet does not exist in every country, which is a distant existence for most people, and it is not realistic at all.

In the event of a war or major natural disaster, the liquidity of Bitcoin is also relatively poor, which is very unfavorable for us ordinary people, so holding Bitcoin is really not as real as holding **.