World Gold Council CEO David Tait believes Bitcoin will eventually go to Zero.
Let's take this statement seriously.
For Bitcoin to reach Zero, essentially nobody would want to own, use, mine, trade or secure the network anymore.
That means the entire global Bitcoin economy would have to lose its reason to exist.
Could that happen?
Every form of money ultimately depends on HUMAN BELIEF.
The real battle isn't Bitcoin Vs Gold
It's belief vs disbelief.
Let's take this statement seriously.
For Bitcoin to reach Zero, essentially nobody would want to own, use, mine, trade or secure the network anymore.
That means the entire global Bitcoin economy would have to lose its reason to exist.
Could that happen?
Every form of money ultimately depends on HUMAN BELIEF.
The real battle isn't Bitcoin Vs Gold
It's belief vs disbelief.