Quote from: Ryu_Ar1 on August 10, 2023, 04:08:23 PM

Quote from: Sayeds56 on August 10, 2023, 06:32:17 AM

Your observation is valid that Bitcoin can potentially replace Gold as a store of value gradually in the long run.. However, it is important to note that Gold has been considered as an important asset and hedge against fiat currencies since the dawn of human civilization. Furthermore, a significant potion of world population is unfamiliar with Bitcoin, but they know the value of Gold. In this context, it will take long time before Bitcoin can effectively replace Gold. Therefore, it is a good suggestion to incorporate Gold in our investment portfolio to certain extent, thereby achieving diversification benefits.

Everyone has their own way and while it may be good for some to be in the gold, it doesn't mean others will agree.
The context of the initial discussion still leads to bitcoin so I think including other options such as shitcoin or other investments in this case gold has deviated from the path that should be the initial discussion because in the end when discussing other investments this will only make the discussion wider and make comparisons that are actually unnecessary.
I think our focus should be on the initial discussion where bitcoin is the main focus in this discussion.

Well that's right, of course everyone has their own way and also they have the freedom to choose about what is best for them and which one they can trust. Knowledge is what will always underpin every decision they make. About Bitcoin and gold, although Bitcoin has become more recognized in the last few years, but I would say that it cannot be denied that not everyone knows about Bitcoin, there are still many who do not have a deep understanding of the concept of Bitcoin and how it can provide benefits in various ways to society so that it can be made the best choice. So far as we know gold is a high-value investment for most people, when someone has a lot of money from selling land then most of them will turn it into gold. In the context of the above discussion, it seems to me that knowledge of something and its understanding can greatly influence some of the choices that a person thinks are best for him or her and make sense. I think this is enough to compare, but in the end over time I am very confident that Bitcoin is the best alternative that most people will choose.