Final consumer products are not the same as money, while a widget benefits from being cheap, money benefits from being expensive. Gold and bitcoin take energy to mine and that's reflected in the price. Fiat money on the other hand has no constraints, it's too easy to print and that's why is so cheap and loses value every year.

Real assets need constraints like time, energy and scarcity to make them valuable. This is why 1BTC = $50,000 and $1 is worth almost zero

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Author of ´Bitcoin For Mere Mortals´ available @Amazon. Subscribe and drop me a line and I’ll send you a copy for free, no strings attached.

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Alberto Guerrero

Alberto Guerrero

Author of ´Bitcoin For Mere Mortals´ available @Amazon. Subscribe and drop me a line and I’ll send you a copy for free, no strings attached.

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