Quote from: jtipt on December 18, 2020, 05:55:19 PM

Quote from: MUG1WARA on December 18, 2020, 04:09:41 PM

both are different and in my opinion it is not debatable

True, but for different reason. I don't know why but everyone always seems to forget that gold is just a piece of metal, whereas bitcoin has much more use case than being a store of value. The only similarity bitcoin and gold share, in my opinion, is thier rarity. Everyone always say bitcoin is digital gold but in reality bitcoin is much more than just a "rare thing" with value.

Gold has been around for millennia and people are likely to always use it as a means of payment and storage of value. I do not yet see the possibility of replacing it with other financial instruments. It will take cryptocurrency a long time to try to change the existing foundations of society. Ten years in comparison with the thousand-year practice of mankind, of course, is still very little. However, its success is already evident as it provides people with new opportunities and conveniences.