Quote from: Irvinn on March 15, 2019, 04:45:15 AM

Quote from: South Park on February 14, 2019, 09:05:43 PM

Quote from: gaston castano on February 13, 2019, 10:27:01 AM

Quote from: nur rochid on February 13, 2019, 06:35:08 AM

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.

Gold has no intrinsic value and the same is true for everything else including bitcoin, people have the illusion that gold has intrinsic value because it has been valuable for thousands of years, but the value of gold comes from its use as money and its scarcity, but if something better than gold was created then gold could begin to lose some of that value, which is why some speculate that the market cap of bitcoin will grow because it will take money away from the gold market.

Doesn't gold have an inherent value? You what. are you laughing? Gold is very much appreciated as ordinary metal. It has a very high durability, because it does not give in to corrosion, is soft, it has a relatively low melting point. As a metal, gold is used in many areas of industry, and especially in electronics. This is a beautiful metal that is also used in jewelry for jewelry. Didn't you know that? And to say after this that gold has no intrinsic value? This cryptocurrency has a dubious intrinsic value, but not gold.

From your explanation, it has been proven that gold is undoubtedly a precious metal that has high value, and until now, even though gold mining continues to be carried out but the price continues to rise as demand, so does crypto, if more and more believe the price will rise anyway