Post
Topic
Board Economics
Re: Gold exist 1000+ years. while bitcoins exist 10 years.
by
Oilacris
on 13/02/2019, 11:10:30 UTC
bitcoin and gold units are different, so comparing them is a bit difficult. but indeed with the percentage of developments in both, bitcoin will be superior to gold, because it fits the needs of the mileneal community
the intrinsic value contained in gold has a forever value, while bitcoin is still not in a safe position to be compared as a long-term asset, but the circulation of transactions is faster than gold.

If referring to the millennial era, then bitcoin must at least be the same as fiat in the same regulatory system and this will not be seen in the next 5 years if market capitalization is still an important reference.
There would be still  lots of factors needed for BTC to be passed on before it would really came into that state but as we all know it would really be hardly be achieved since we
do know the properties on which cryptocurrencies do have.No matter how fast it do circulates when it comes to transactions or no matter how fast it is when it comes to appreciation of prices
it wont really be still enough for it to be compared with gold.