Post
Topic
Board Economics
Re: Bitcoin has defeated gold
by
Fireblade
on 26/10/2017, 19:17:17 UTC
maybe in term of price, system, technology, gold defeated by bitcoin.
but, gold have other side that not owned by bitcoin. gold is pure treasure, cant decrease and useful.
and i think much people know gold than bitcoin, it mean gold's popularity is more than bitcoin
How can you said that gold defeated bitcoin by being a useful thing? Bitcoin is more useful than gold because if you will use bitcoin then you can transact to the other part of the world which is faster than the other way of transferring money and the potential return in bitcoin is bigger than the gold. So based on my comparisons i thin that gold has no chance compare to bitcoin.
I do not know why gold must have that terms to defeat Bitcoin, even they have that terms Bitcoin still unbeatable. I'm very agree with you Bitcoin is useful than gold, this currency can be mined and can be used some things such as payment also transfer bitcoin or money with low fee.
It's true, no one can beat the bitcoin now or in the future, because already so many investors who choose bitcoin for investment because the benefits are bitcoin same as gold is much different.
Yes that is right that bitcoin is the strongest crypto currency in present time, and  think that it can only be because of the increasing number of bitcoin users. In fact bitcoin is the best crypto currency in present time, but i think that we do not need to compare bitcoin with gold as both are too much different from each other and there is no relation between them.