Bitcoin Mining Is Costly, Just Like Gold Mining

There is a reason that Bitcoin is being called Digital Gold. It was structured to operate the same way as the classical gold standard minus the sponsorship of government. It requires no centralized management. You have to expend resources to become the first owner of the initial resource. There is a finite supply of the specie payment. Payments are finally settled when made. Bitcoin is the gold standard ported over to the digital age.

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