Quote from: TheGodFather on August 22, 2018, 08:58:41 AM

Quote from: talkbitcoin on August 22, 2018, 08:43:07 AM

bitcoin and gold should not even be compared to each other because they are two different things, comparing them is comparing apples and oranges. bitcoin is a decentralized and global currency while gold is just a metal that has a high value and despite being used as a currency once it is not a good one at it and it is not global because of its physical form.

The value of the gold nd the bitcoin are only the same in terms of usage. The bitcoin are very important in this induatry because this is the main foundtion of all cryptocurrency all over the world. The gold are need to make an expensive things or sometimes it is used to buy things too. It only depends where it is used.

Another commonly overlooked point. Gold still has industrial value that will never go away. The computer that you type your responses to this forum on is loaded with gold connectors and parts. Jewellery will always play an important role in societies, especially eastern ones, as a sign of wealth. Gold still has utility and symbolic use that will always exist.

Bitcoin is of course more practical in terms of exchange, but only for those who have already accepted it. Those who are unaware of how bitcoin works are not very interested in it because they are slow to trust "invisible" money.