Quote from: boty on April 21, 2018, 05:23:18 PM

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?

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.

Of course both the gold and the bitcoin are really change as bitcoin has no figure but it use to buy and save by a lot of investors, bitcoin is modern investment which has very bright future and people believe in bitcoin much more than gold, on the other hand gold has physical state but it is an old fashioned investment but now it considers as jewelry only not an investment as everyone knows about slow profit in long time with gold, so I choose bitcoin as an investment, it has no concern with gold,.