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Re: can bitcoin in the future surpass gold?
by
yvesp110
on 19/10/2018, 18:07:14 UTC
I believe that bitcoin can surpass gold in the future. However, this could take several generations. old will still have a place for people to store value, however, this would be more attractive for the older generation because of the use and acceptance of it, and less attractive for the younger generation.
Yeah I agree with you. Bitcoin is the future currency and it will take over the market in the future although it will take long time. Gold’s features and benefits are different from crypto. You cannot use gold for online shopping while bitcoin is for online use. It brings easy in your life and you can do many things from bitcoin. Definitely it will surpass gold in the future.
Bitcoin has already crossed gold but in terms of price. Gold has its own value and likeliness in the world and no other thing, product or currency can be compared with gold, because gold is actual money. The rests are the shapes of money. Bitcoin will never take place of gold because it is not used as regular money while bitcoin is currency and will be used in markets.
You are saying two things at the same time, but in think you are wrong at some point because according to me bitcoin is kind of currency and money but gold is not the money, we should invest in bitcoin because it gives us good amount of profit but gold is not a profitable investment. It is an old times investment, indeed all of us should invest at the good times all of our saving to bitcoin, it will make our money bigger than double.