Post
Topic
Board Bitcoin Discussion
Re: Will bitcoin replace gold?
by
doraegun
on 31/03/2018, 02:44:57 UTC
Gold in general is no better. The value of gold is nothing more than a result of a global consensus - at the moment everyone agrees to consider gold a measure of value, simply because this measure is in some form or another necessary. If we assume a utopian situation, that tomorrow everyone agrees that gold is not such a measure, then it will be good only for the production of quality wires and trinkets.
The btc is gaining momentum for exactly the same reason - the global consensus towards the btc is constantly being strengthened. In this case, unlike gold, the cue-ball is not only a measure of value, but also a settlement system, and gold is not a competitor for this parameter.


There's a lot of things than can be use for payment like card, Cheque, paper money, digital currency money transfer and other token to pay for any kind, but the gold is still remain brilliant this is a  kind of things that can not compare to other. however Bitcoin is probably also remain dominated if there is no organization that released  negative news that makes bitcoin down until it will closed eventually.