Quote from: concept2 on December 01, 2020, 11:15:49 PM

it has been raised and adopted by human as one of the most valuable asset on the world

Same thing is happening to bitcoin. We use digital gold to name bitcoin which makes it becomes even more valuable.

Gold is not valuable only because humans think it's valuable. Gold is rare than other substances like Iron and steel. It's hard to find than other metals and it's shiny and easy to use. Similar things can be applied to Bitcoin as well. It's not very easy to get BTC If you do not have a lot of money and BTC is very easy to use.

Quote from: hatshepsut93 on December 01, 2020, 08:38:03 PM

Quote from: laredo7mm on December 01, 2020, 04:15:11 PM

This term is true for Bitcoin as well. Both can be exchangeable with essential goods and they are acceptable in our society.

Do you know a lot of stores that sell eggs or flour for gold or Bitcoin?

Maybe it's not possible right now but our financial sector and e-commerce are heading towards that way and we can buy and sell other products like watches, cars, phones, etc which is also necessary for human life.