Post
Topic
Board Economics
Re: Bitcoin has defeated gold
by
Gotottack
on 05/11/2017, 16:30:07 UTC
I think so too because Bitcoins is READILY converted to cash unlike that of gold that cannot be converted to cash in an instant without having to sell the same to get its equivalent value in fiat. In Bitcoins, it is fiat for itself because it plays as a currency, just that it is a digital currency; hence, its value can be converted at any time.

We have to have the ability to compare and contrast both to determine which among the two is King as of writing.