{"id":1296,"date":"2019-11-02T10:01:52","date_gmt":"2019-11-02T07:01:52","guid":{"rendered":"https:\/\/www.paribu.com\/blog\/?p=1296"},"modified":"2022-10-26T11:30:13","modified_gmt":"2022-10-26T08:30:13","slug":"yasin-oral-bitcoin-has-certain-significant-advantages-over-gold","status":"publish","type":"post","link":"https:\/\/www.paribu.com\/blog\/en\/news\/yasin-oral-bitcoin-has-certain-significant-advantages-over-gold\/","title":{"rendered":"Yasin Oral: \u201cBitcoin has certain significant advantages over gold.\u201d"},"content":{"rendered":"<p><strong>In a statement provided by Yasin Oral, the CEO of Paribu, to the journal called Platin, Oral stated that Bitcoin had certain significant advantages over gold.<\/strong><\/p>\n<p>Providing his insights in September 2019 issue of the journal, Yasin Oral stated, &ldquo;A large number of people around the world use Bitcoin and other cryptocurrencies for such purposes as storing value, making a payment, and making an investment. Compared to gold, Bitcoin offers certain significant advantages in terms of ease of transfer, transfer speed, transfer cost, demand control, and decentralization&rdquo;.<\/p>\n<p>Emphasizing that the most significant aspect of Bitcoin was its indication that the global financial system would face significant changes with the advancing technology, Oral stated, &ldquo;Bitcoin has a prominent role as the first concept to open the door to transformation and make us think about it&rdquo;.<\/p>\n<p>Indicating that such questions as whether Bitcoin was a currency, a commodity, or a security had been discussed for many years on an ongoing basis, Oral said, &ldquo;Although it has similar characteristics to many of those definitions in general, it appears that Bitcoin does not fall under any of those categories. Defined as &ldquo;a peer-to-peer electronic cash system&rdquo; by its creator, Satoshi Nakamoto, Bitcoin appears in various functions based on the usage habits of the populations&rdquo;.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In a statement provided by Yasin Oral, the CEO of Paribu, to the journal called Platin, Oral stated that Bitcoin had certain significant advantages over gold.<\/p>\n","protected":false},"author":1,"featured_media":1935,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[211],"tags":[],"class_list":["post-1296","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/www.paribu.com\/blog\/en\/wp-json\/wp\/v2\/posts\/1296","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.paribu.com\/blog\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.paribu.com\/blog\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.paribu.com\/blog\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.paribu.com\/blog\/en\/wp-json\/wp\/v2\/comments?post=1296"}],"version-history":[{"count":0,"href":"https:\/\/www.paribu.com\/blog\/en\/wp-json\/wp\/v2\/posts\/1296\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.paribu.com\/blog\/en\/wp-json\/wp\/v2\/media\/1935"}],"wp:attachment":[{"href":"https:\/\/www.paribu.com\/blog\/en\/wp-json\/wp\/v2\/media?parent=1296"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.paribu.com\/blog\/en\/wp-json\/wp\/v2\/categories?post=1296"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.paribu.com\/blog\/en\/wp-json\/wp\/v2\/tags?post=1296"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}