Post
Topic
Board Bitcoin Discussion
Re: Why Bitcoin must surpass gold
by
abaeze
on 14/06/2023, 10:01:04 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

Bitcoin is already more expensive than gold.So the discussion that Bitcoin goes beyond gold is called worthless.Bitcoin is non-credit so BTC will be ten times stronger then gold this thoughts is not true.To replace Bitcoin instead of gold needs to be strong in many aspects such as: Gold does not depend on software, it has its own value that will last a lifetime, in this case, Bitcoin has no existence of its own, which is completely dependent on computer networks and software.BTC can be stolen by malware but in gold propose it is quite impossible.Gold is legal everywhere in the world but Bitcoin is not legal everywhere in the world. Anything can be exchanged with gold but not yet possible with Bitcoin.The worst thing is that there is a possibility that bitcoin will be worthless during blackout but gold won't be worthless in blackout.There are some things that bitcoin is better than gold definitely.That is, at a certain time the profit made by investing in bitcoin will more then by investing in gold.Investing in BTC profit can be double or triple or even more but investment in gold is not same profit as in BTC.So risk with investment in BTC is always better option then gold.