Quote from: ace9989 on April 21, 2018, 03:33:00 PM

Quote from: rejekinomplok99 on April 20, 2018, 06:48:34 AM

Quote from: ahrispool on April 20, 2018, 06:19:53 AM

I watched a video telling that every paper currency in history all collapsed , and USD will collapse too, in future.

The time in which a currency collapses is when people don't believe in its value anymore. And obviously, when thought reversely, something becomes a currency when more and more people believe in its value.
And currency becomes money when they don't lose value between people regardless of time, like gold.

Do you believe btc could be in this position? BTC could become gold?

I think it is a difference thing. perhaps bitcoin is more valuable than gold. bitcoin is digital currency,very fluctuative and the gold is stable.

Bitcoin is surely much like a bubble in price and we cant be so sure to compare bitcoin to gold because gold has physical product and exist since the dawn of time while bitcoin is much like a currency that can be gone anytime when the market crash.

But bitcoin is clearly better than gold. After all, they both cost money just because people are willing to pay for them. Behind bitcoin is technology, it's a convenient payment system. Gold is just a yellow metal.