Post
Topic
Board Bitcoin Discussion
Re: Why Bitcoin must surpass gold
by
Gallar
on 13/06/2023, 13:28:42 UTC
There are two reasons. First, Bitcoin is a non-credit currency ten times stronger than gold. So unless Bitcoin is replaced. Otherwise he must surpass gold. Second, Bitcoin is close to being the ideal non-credit currency, and it is basically impossible to have another non-credit currency beyond Bitcoin. Combine these two points and Bitcoin is bound to surpass gold
If you compare bitcoin with gold, in my opinion, it is not quite right. Because these two assets have very striking differences and different systems. Because bitcoin is one of the most quality and decentralized crypto digital assets and while gold is one of the precious metals that is obtained from the ground. Indeed, both can be used as investment assets, but still, when compared it would be inaccurate. Because in my opinion, if you compare it, gold should be compared to other precious metals. Likewise with bitcoin, it will be more suitable when compared to other crypto assets, so it will be more in sync.
Because in essence the origin and how to get it are also different. Bitcoin is mined by solving blocks or verifying transactions that are used using sophisticated computer devices. Meanwhile, gold is obtained by digging underground where the presence of gold has been marked. And in terms of usability too, gold has more uses than bitcoin. So, in my opinion, gold or bitcoin are indeed superior, but in their respective paths and fields.