Re: Bitcoin will replace oil and Gold

Quote from: AndySt on February 03, 2021, 11:52:39 PM

Quote from: Mahanton on February 03, 2021, 06:59:29 PM

Was supposed to say the same thing and this had been an argument or discussion ever since about replacing this, replacing that without even trying to check or look
on what are their true usage or benefits in the first place.Why would really be needing that on replacing each other? They do have indeed their own purpose
and just literally trying to differentiate when it comes to form and characteristics then its just too obvious that there no point on making out some comparison
or some sort of competition.

All these conversations take place only within the framework of discussions on the topic, and what would happen if something happened and has not even close to any relation to the harsh reality Wink

Gold has a multi-thousand-year history of circulation in the financial sphere and it is extremely naive to assume that some other object or concept will replace it in the near future. You can still somehow talk about parallel use, but it is about replacing gold with something that is out of the question.

Indeed, this discussion carries too many impractical and unnecessary points when bitcoin has its own characteristics, thereby creating its value, gold and oil are not an exception, usefulness in life has helped both objects maintain and exist with a very long history, the more important thing is that gold and oil are a real product, bitcoin is a virtual product, the substitution and association between these two objects is almost zero. So the two will be used from now on, even in the distant future and without the harsh relationship and competition between each other.