As we all know, oil was the most important economical factor for governments and countries in the past century. Well, the game is about to change now!
At the beginning of 2010, you could buy more than a thousand bitcoins with a barrel of oil.
Today, one bitcoin is worth more than 55 barrels of oil!
The price of one barrel of crude oil have decreased since 2010
However, the price of bitcoin keeps rising
THE QUESTION IS: WHICH ONE HOLDS THE KEY TO THE FUTURE?
According to some research, the world will run out of oil in the next 50 years. But mining bitcoins can last until the next century. So we will actually run out of oil before we run out of bitcoins to mine.
-Will the governments switch to mining cryptocurrencies in the future?
-Do we know for sure which one will lead the market in the future?
-What happens when we run out of oil or mining?
Tell me what you think in the comments!