Post
Topic
Board Bitcoin Discussion
Re: Bitcoin is gold?
by
boty
on 21/04/2018, 17:23:18 UTC
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?

of course not, bitcoins are digital currencies, digital ones can only exist in computers alone, while gold has a real shape and gold can not be on the computer, not only that, the total supply of bitcoin and gold is also very different. in my opinion bitcoin will never be gold.