Post
Topic
Board Bitcoin Discussion
Re: If you have some BTCs, why not have some Gold too?
by
subSTRATA
on 07/09/2017, 15:41:50 UTC
BTC ultimately aims to replace cash but gold doesn't.
correct. bitcoin ultimately boils down to being an experiment. an experiment that aims to accomplish several things that aren't really mainstream in this day and age: a decentralized currency, not backed by any central government or organization, and a completely digital means of a monetary system, completely separate from a government's legal tender. gold has an established place in today's world as an asset; it's glory days are over.

I have both. Diversification Cool I have much more BTC for reasons stated above--the volatility is what provides me with profit, more so than gold, but I have been accumulating gold in small amounts the past several months for the sole purpose of diversifying.
I am too. Let me hug you well.
I think in the future the Gold will climb onto the 9000USD/ounces.
And Bitcoin at last will flying higher much much more.

when it becomes scarce enough, and if demand for it still exists, it could definitely happen. that all depends though, if gold is still treated as a precious substance in the coming years.