SBM st barbara limited
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Bitcoin Vs Gold (Analog Vs Digital)

  1. Koeln
    218 Posts.
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    22/02/21
    14:59
    Post #: 51217580
    Gold's high malleability, ductility, resistance to corrosion and most other chemical reactions, and conductivity of electricity have led to its continued use in corrosion resistant electrical connectors in all types of computerized devices (its chief industrial use). Gold is also used in infrared shielding, colored-glass production, gold leafing, and tooth restoration. Certain gold salts are still used as anti-inflammatories in medicine.
    (Source:https://en.wikipedia.org/wiki/Gold)

    So you think Bitcoin can replace above uses ? ( You question was: "Is gold being replaced by Bitcoin?")
    - Can you make Jewelry out of bitcoin ?



    SBM Price at posting: $2.08 Sentiment: Hold Disclosure: Held
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  3. Kohnra
    235 Posts.
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    22/02/21
    15:57
    Post #: 51219974

    When SBM can mine 100,000 ounces of BTC from the earth will you have any plausible argument. BTC is not finite as people believe, alt coins can easily replace it's value/ application in the market. Gold is Gold. You either have it or you don't.
    SBM Price at posting: $2.09 Sentiment: Hold Disclosure: Held
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32.0¢ 		Change
0.010(3.23%) 		Mkt cap ! $346.5M
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