In this video, I'll be discussing whether digital money (cryptocurrencies like Bitcoin and Litecoin) is as valuable as physical money like gold and silver.
DISCLAIMER: This is NOT financial advice. I am just offering my opinions. I am not responsible for any investment decisions that you choose to make.
***I am in the process of adding many of my videos from YouTube on to DTube. Apologies for any posts that you've already seen before!
Original date of upload: September 6th, 2017
▶️ DTube
▶️ IPFS
nice!
If anything its more valuable lol. With cryptocurrency, digital assets or money can be decentralized. Can gold or silver be decentralized? No. I agree with you that posting on dtube and making an income is not "fake" and is very real. Your doing a service in exchange for money, just like the majority of businesses in the world.
Agree with you there Marco. Thanks for sharing your perspective :)
No such thing as more real. It is real or it's not. In our case both are real. Just some people think crypto is bullshit
Year 2020: Term golddiger will be replaced with the term cryptodigger, true story :D
Worrying about cryptodiggers would be a nice problem to have!
Ohh yeah!
But I think there are handful of them even now hahah
everything that is created in the blockchain and has an application in Cotiniano will probably have a value close to gold or higher for the guarantees offered
So real.
Apparently, Crypto is still at an infant stage despite been around for some time.
The global community has witnessed the value and benefits of digital money and thus, no going back
Agreed. Pandora's box has been opened. There's no going back from here.
Yup, progress never goes backwards. Cryptocurrencies are here to stay, and it won't be long until they overtake "real" money.
Anything that holds or has value, is valuable.
Tickle-Me-Elmo dolls, had you been able to buy a truck load or 2 of them, could have made you rich as you could have sold or traded them for anything you wanted several years ago. They did not retain their value, though. Gold and silver have.
Crypto is different. Right now it is more of an expectation to have and hold value, in the future. A speculative store of value (other than the ones that are already being used like BTC, LTC, ETH, etc.)
So yes, crypto is valueable. Anyone that says otherwise is kidding themselves, and probably anti-crypto.
good video! For me digital Money = I tend to invest more overall money vs physical money every 100$ can be pain to spend/invest. In next 5-10 years digital money will lead vs physical
crypto and gold is real fiat is an ilusion
Money is only worth what the people our the government says it is worth, anything can technically be money, someone just has to be willing to accept it
I totally agree with where you're coming from. At the end of the day the only reason physical money has value is because the people have decided it's valuable, it's all subjective.