Post
Topic
Board Bitcoin Discussion
Re: Will bitcoin replace gold?
by
MMostaza
on 28/03/2018, 11:08:22 UTC
Here I bring you a news to think about it: https://www.bloomberg.com/news/articles/2018-03-26/solid-gold-casts-of-nelson-mandela-s-hands-sell-for-bitcoin

Solid gold casts of Nelson Mandela’s Hands has been selled for $10 Million in Bitcoin. I suppose that means that for the Seller Bitcoin is going to replace Gold. And for the Buyer it is better to hold Gold than Bitcoin…

I think that what is going to happen is that both Gold and Bitcoin will have long life in parallel and some people will trust more the traditional “safety” of store Gold and other will trust on the potential of Bitcoin.