Post
Topic
Board Bitcoin Discussion
Re: Bitcoin Will Replace Gold! Here's Why...
by
Blackdeath
on 03/10/2019, 23:16:51 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

For me, in terms of the value or the market price, yes, bitcoin will replace the gold but I think when it comes to investing, I think it will be the same because in both gold and bitcoin, they have different opportunities in their different ways. Bitcoin market price can also be dump same as the gold but also their price can be increase also.