Bitcoin is like digital gold ........ is it correct? It is a transferable asset but not duplicable ..... do you agree? What are the points in favor and those against this statement? I would like a very analytical and specific arisposal.
Its not duplicate? But it can be copied and other copies can be made for this coin mate and thats what we call as forked coins. To be honest BTC is not gold or anything like that and its not comparable to that at all. Gold's characteristic are far better than BTC where it does have physical form, it is used in the jewellery and liked by billions of people. What about the BTC, where does it stand as digital gold also? I think no where! It is currency and we should look at this coin in that particular way only.
But those forked coins are not bitcoin, if you're going to choose that criteria to say that those coins are like bitcoin then anything that looks like gold needs to be counted as gold as well, but we know that logic is never going to fly because it doesn't make sense, so it doesn't make sense either to consider all of those forked coins and all the altcoins to be considered as bitcoin.