Quote from: crossabdd on April 22, 2018, 12:04:38 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?

money, gold, and bitcoin have differences and similarities, I do not think that would be possible. money has a fixed value, and can price an item accurately. but bitcoin can not, bitcoin has a fluctuating value so it does not remain its value, it's the same as gold. and bitcoin can't replace gold, because it has different uses. the equation is all can be used for payment. but bitcoin and gold more on investment instruments.

both uses are indeed true bitcoin and gold is a very different thing. investment gains are certainly also very much different things where gold is indeed safe but the result was not as much as his fluctuating risk however bitcoin is very high.