Market value of btccom mine
bitcoin is tamper proof
last weekend, when CNBC's Deirdre Bosa was interviewed at the "money 20 / 20" event in Las Vegas, apple co-founder Steve Wozniak said he thought bitcoin was a better value standard than gold and the US dollar. He explained that the difference between the two is that the supply of bitcoin is limited, because it is estimated that only 21 million bitcoins can be mined. Unlike the dollar or any other legal tender, bitcoin is unlikely to be affected by the whims of influential bankers. On the other hand, no one knows how much gold there is in the world that can be mined at any time. In this sense, Wozniak said, gold is "a bit fake," while bitcoin is more "real and real."
before that, the price of bitcoin soared for several consecutive months, breaking the $6000 mark for the first time a few days ago. At present, the price of bitcoin has stabilized at about $5500, but we can expect that bitcoin will continue to show its real potential. That's why experts like Wozniak predict that this cryptocurrency may eventually replace gold as the standard of financial value - a view he thinks is quite attractive
The number of bitcoins is limited. Gold mining, mining and mining. Maybe the amount of gold in the world is limited, but the mathematics and regulation of cryptocurrency are stricter, and no one can change the mathematics. " Wozniak explained. In short, bitcoin, as a standard, is difficult to change global pricesmore stable than gold
but is cryptocurrency number one really more stable? Yes, and No. Critics will say that it is prone to value volatility, making it quite unstable. However, as Tom Lee, co-founder of fundstrat global consultants, told business insider earlier, this volatility is predictable, and it is not unique to this cryptocurrency“ When people talk about the fluctuation of bitcoin today, they forget that when we leave the US dollar, the gold standard of the US dollar, the fluctuation of gold price in the past four years is similar to that of bitcoin today. "
crucially, Wozniak commented that bitcoin is easier to regulate than gold. He then compared the stability of bitcoin to owning a house“ Your house is valuable. " If it's a house now, 40 years from now, even if the price rises, the government will charge more taxes from it, and it's still a valuable house, "said the former Apple senior engineer, whose interest in cryptocurrency started just for fun
given all the volatility, the government and regulators continue to "test" the growing cryptocurrency market. Some have taken tougher measures to ban the cryptocurrency altogether. However, bitcoin still exists, and experts predict that the value of bitcoin will rise sharply in the next few months