I recently read an article published by CNN Spanish, where he talked about the fund that touched the price of a barrel of oil, between 35 $ - 40 $. During the last decade, the price of a barrel of oil has declined substantially, going from being above $ 100 to being below $ 50.
This has had a negative impact on the world economy, especially in oil-dependent rentier countries such as Venezuela. The causes attributed to the fall in prices, is the world over-production, which exceeds demand.
Bitcoin for its part is (and will continue to be) a whole digital revolution. From its beginning, from being below $ 0.001 / BTC to reaching a ceiling of approximately $ 3000 / BTC in almost a decade, it is inevitable to make the comparison between these two assets, one physical and backed, and one digital and without any Support entity, rather than the mining community and users of the BITCOIN network.
This points to a changing future, where digital, intangible, perhaps (or otherwise) have a much more stable value, and with a relatively controlled growth rate, are the world's most widely used and traded financial assets.
From your point of view, do you think that the digital assets, specifically the crypto-coins, will prevail over the years, maintaining a stable value?
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