Post
Topic
Board Speculation
Re: I do believe that Bitcoin will be more scarce than gold
by
Piesel
on 10/08/2022, 10:11:32 UTC
BTC doesn't have to fight gold, does it?
In fact, BTC is made to defeat fiat. Gold is something different. You can have both BTC and gold. why force yourself to choose one over another?
Gold is good. It made stunning jewelry.
BTC is good. It pays for my coffee.

Exactly and very simple explanation of the two assets, the analogy is simple.
Gold= jewelries
Bitcoin= currency+asset
And that is why just with the few years of Bitcoin existence, bitcoin have surpassed gold in market volume and price and Gold who have being around for several decades may have not made so much market impact like Bitcoin and that is because Bitcoin have a dual purpose.
1 bitcoin is an asset
2 Bitcoin is a currency
So this factors made Bitcoin totally different from gold.