In the twentieth century, oil was the king of the world, known as black gold, and those who owned it held power.
But today… there is a rising competitor named Bitcoin. Are we living in a historical moment where oil is retreating and Bitcoin is taking the crown as the "new gold"?
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Oil: the old gold
Gave countries power and influence.
Fueled the global economy for decades.
It was a political card in the hands of the powerful.
But… the world is changing: clean energy is rising, and oil consumption may enter a phase of decline.
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Bitcoin: digital gold
Rarer than oil: It will never exceed 21 million units.
Easier to transfer: Billions can be moved in minutes.
Not subject to control: No state, no bank, no borders.
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The intriguing comparison
Oil gave power to nations ⬅️ Bitcoin gives power to individuals.
Oil requires massive infrastructure ⬅️ Bitcoin only requires the Internet.
Oil was an indirect currency in dollars ⬅️ Bitcoin may threaten the dollar itself.
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The summary
The twentieth century was the age of black gold…
And the twenty-first century may be the age of digital gold.
