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Bitcoin is NOT 'Digital Gold' (3 Reasons Why)

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First published at 06:06 UTC on August 11th, 2020.

#bitcoin
#gold
#cryptocurrency

Tucson Taylor

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I see it everywhere, "Bitcoin is the new 'Digital Gold' everybody, get it while you still can!" Sure, there is a limited supply, bu…

Get $10 in Free Bitcoin from Coinbase using this link - https://www.coinbase.com/join/hendri_ray

I see it everywhere, "Bitcoin is the new 'Digital Gold' everybody, get it while you still can!" Sure, there is a limited supply, but Gold and Bitcoin are two VERY different things. In this video I explain why.

This video is for entertainment purposes only. I am not a financial advisor and I do not give financial advice. However, full disclosure, I am a believer in Bitcoin. Despite me bashing Bitcoin, I am currently holding it. Although I am much more bullish on precious metals do to the general population being able to understand how they work and why they have value. It is very hard to go up to someone on the street and try to tell them why Bitcoin is valuable. However, show your average person a shiny gold or silver coin and they will most likely want one for themselves.

Thanks for watching, and as always have a great day!

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