The delta between bitcoin’s fundamental gold-like properties and the market pricing it in relation to gold, and the likelihood that bitcoin will eventually close the gap, is the “digital gold".
“imagine there was a base metal as scarce as gold but with the following properties:
boring grey in colour
not a good conductor of electricity
not particularly strong, but not ductile or easily malleable either
not useful for any practical or ornamental purpose
Many more to follow soon...
The delta between bitcoin’s fundamental gold-like properties and the market pricing it in relation to gold, and the likelihood that bitcoin will eventually close the gap, is the “digital gold".
“imagine there was a base metal as scarce as gold but with the following properties:
and one special, magical property: