Post
Topic
Board Bitcoin Discussion
Re: When will Bitcoin catch up with Gold in capitalization?
by
Poker Player
on 14/02/2024, 04:41:48 UTC
  • Do you think Bitcoin has any chance of catching up and then surpassing Gold in capitalization?
  • If so, when in the future might that event take place?

Yes, but that's like when people wonder if the price will get to $1M, it will get there, but it will take time. On the specific case of overtaking gold I estimate it will take about 3 cycles.

  • If this happens, will it be a good thing for Bitcoin?

I find the question too simple to be honest. "Good" or "bad" are words that children use because they are not capable of using more complex expressions. If I have to choose between those two so simple, well obviously it will be good, especially for those of us who have Bitcoin, because the purchasing power will have increased a lot.