So, what is Bitcoin? Is it like Gold, or a Currency, or a Stock?
IS BITCOIN LIKE GOLD?
I am told that bitcoin is like one of those rare objects, like diamonds or gold, and therefore humans crave for it. Rarity, or limited supply, is what makes humans covet them. Bitcoin is rare, therefore humans covet it, is how they reason.
I personally do not think that is the case. Take Astatine, which is one of the rarest element on the planet Earth. It is rare, and yet, humans have no…