Post
Topic
Board Bitcoin Discussion
Re: Dinar, Dirham to BITCOIN
by
Casdinyard
on 14/10/2019, 06:06:00 UTC
there are some people consider Bitcoin is digital gold. because of its mining system and limited stock. So do you think the concept of bitcoin refers to Gold? because gold has a stable value throughout the world. if true. then the country that uses the first stable coin is arabic, with its dinar and dirham. and perfected by bitcoin with computer networks and the internet. What's your opinion.?

I don't know it impossible to compare digital currency into the gold because both have an own function and use in the market, like fiat market every country have an own control of their currency circulation.

While gold is tangible and bitcoin is not. These two had discussed over and over again and we can't certainly compare them and the fact that both have really good appreciation.

Is Bitcoin actually made to be digital gold and become a payment instrument like gold in the real world?
or only as a speculation tool?

Initially, bitcoin is really tend to be a digital currency but with it's appreciating value, it's perceive more than an investment and less than a currency.