Quote from: Despairo on Today at 05:31:22 AM

Quote from: Vincom on February 13, 2024, 06:46:54 PM

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

1. I don't see any valid reason why Bitcoin can't surpass Gold?

2. No one can know about that, but it will takes a lot time, at least a decade.

3. Nope, even though Bitcoin isn't yet become the best investment for Average Joe, but government already try to regulate Bitcoin and tightening the laws about Bitcoin. There was a proposal issued by FinCEN to declare any form of privacy methods are illegal, this will force people to lose their privacy.

Some people invest in Bitcoin because the value keep increasing and they can protect their privacy, this could make people to convert their Bitcoin to Monero.

And I don't know why we really need to surpassed gold by the way? It is for bragging rights? What significant it can bring to the market anyways? Both are different, only comparison is that both assets are scarce, but after that? I don't know. I don't think that it will be beneficial to surpassed big companies. For sure, we have broken already in the top 10 as we are in bullish momentum specially in the next 2 years.

https://coinmarketcap.com/largest-companies/

But after that when we go back to bear market, market capitalization will obviously go down. So for me, let the market go on it's own course, and no need to compare it to other assets of market value. It will be different as our market is very volatile.