Post
Topic
Board Bitcoin Discussion
Re: Bitcoin Will Replace Gold! Here's Why...
by
boris2470
on 14/09/2019, 11:21:56 UTC
Overtime I've researched what has made gold desirable as a store of value.

Additionally I've come to understand the limitations of Gold, and why I believe Gold will be seen as the go to store of value less and less going into the future.

We're living in an increasingly high speed, digital world, where people expect instant access to their funds and their stored value.

Gold cannot and will not be able to offer this to future generations, who will not accept the limitations of Gold.

I believe Bitcoin meets the and surpasses many of the attributes offered by Gold.

For this reason I think Bitcoin will grow to become the primary store of value for people, and will begin taking market cap away from Gold.

I've created a video below where I list the attributes that Bitcoin has, that Gold simply does not have, and why Gold cannot compete with Bitcoin.

I believe proponents of Bitcoin have been too soft on Gold. Gold is severely limited.

Please watch the video and let me know what you think. Thanks

https://youtu.be/UyaNJMxWmSU

Tangible assets like gold, oil, precious metals and valuables will live forever. This is useful; the value can be stored in this. In turn Bitcoin is a digital code that does not have material value, so you do not need to make high-profile statements and make Bitcoin better than gold, just divide these assets