Post
Topic
Board Economics
Re: Gold vs. U.S. dollar
by
Vanessamix
on 11/02/2020, 07:08:43 UTC
No, cause gold is limited , anyway the dollar can't have so much value cause this will means that coin will denominate, and value way to much more than it should and again will need banks to issue new coins and denominate it.
First of all, Bitcoin is limited and it will be totally mined quite soon (in couple years I believe).
Second of all, Bitcoin has real ways to use and spend it which can't be applied to gold.
I think it is a matter of time when Bitcoin will overcome gold