Quote from: darthmaul on October 16, 2019, 09:51:26 AM

How can bitcoin replace gold?? can you make ornaments out of bitcoin? Can you make biscuits out of bitcoin? gold is a metal and bitcoin is a digital currency. You may say it digital gold but it still is far away from being called digital gold.

You hit it! Nothing possible needs to happen in order for Bitcoin to replace gold. Truth be told, Bitcoin and gold are nothing comparable, except perhaps as stores of value or assets. But even in that respect, Bitcoin cannot replace gold. Gold is never man-made, it comes naturally scarce directly from the earth, and such are reasons enough to say that Bitcoin cannot even rise at par with gold. And I guess no one can say that gold has no value. A lot can say that to Bitcoin, at least for now. Perhaps let's start from changing that.