Post
Topic
Board Bitcoin Discussion
Re: Bitcoin as a currency or Reserve as a gold
by
mindrust
on 01/06/2022, 08:58:29 UTC
Will Bitcoin replace the global currency, or will it replace gold (as a reserve )?

Bitcoin don’t necessarily need to replace anything. Bitcoin can’t replace gold because it is not a physical commodity in the first place. Bitcoin can’t replace FIAT because it has limited supply unlike FIAT. Bitcoin is good as is. It is a unique product which don’t need to destroy another asset class to survive. Gold and FIAT will too exist in the future.