Quote from: CryptoDamon on October 03, 2018, 06:53:55 AM

As what we have read to some articles that bitcoin is considered as an investment vehicle just like gold. Some may find it ridiculous but as what we can see of bitcoin's performance for the past few years it has increased in a very profitable manner. Many investors' lives that were changed and some even regretted the fact of not investing into bitcoin.

I think there's no need to replace gold when we talk about investments vehicle since gold is tangible and will forever remain on this earth. They will coexist and can both give us profits.

https://zycrypto.com/bitcoin-not-ripe-to-replace-gold-analyst-kristoffer-inton/

Share your thoughts about this.

Gold and bitcoin are two structurally different things. Also bitcoin is just 10 years old, while gold is few centuries old and established as an investment vehicle. Even though a lot of people nowadays consider bitcoin as an investment vehicle, it should ideally be considered as a currency! So replacing gold or bitcoin by one another is not a sensible argument at all!

While gold is considered as wealth among many communities, bitcoin is especially popular among the tech-savy generation. But if we really want to see a sustainable growth for bitcoin, we must consider it as a currency and not as an investment.