Post
Topic
Board Bitcoin Discussion
Re: Will bitcoin replace gold?
by
CryptoSmile
on 20/03/2018, 00:45:49 UTC
I dont think so. In the end game Gold is still a precious metal and a beautiful thing in the eyes of a person. Bitcoin is a different story as it is a very good way to make transactions so as for the better currency the bitcoin would be best of two as for my opinion.
Yes, I agree to this opinion. It may be impossible for btc to replace totally gold. Gold is still a valued asset,   precious metal , can be traded and used as investment instrument. While bitcoin is a digital asset. It can take the same functions as gold but it is complimentary and supporting each other.Laws and regulations are still needed to manage and control the operation of bitcoin all over the world.