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.
You're right. Bitcoin can be compared to gold, but I think that it will not be able to oust gold from the investment market. People will continue to invest in gold, as this investment confirms many years of successful experience. Conversely, many are afraid to invest in Bitcoin, because they still do not know exactly what it is