There's no denying it
We may not know when, but Bitcoin will surely surpass Bitcoin
One of the major reasons this will happen is because
Unlike GOLD, people can easily be able to see and track any transactions made with Bitcoin so the government can't lie about it(decentralized)
Although since gold has been in existence for centuries, it won't be an easy task compared to gold, Bitcoin is still very new to the market
We may not know when, but Bitcoin will surely surpass Bitcoin
One of the major reasons this will happen is because
Unlike GOLD, people can easily be able to see and track any transactions made with Bitcoin so the government can't lie about it(decentralized)
Although since gold has been in existence for centuries, it won't be an easy task compared to gold, Bitcoin is still very new to the market
I think you've meant "Bitcoin will surpass Gold". And yes, that is a possibility in the future considering that institutional investors are adopting it at a fast pace. All of the hype is on BTC right now. Not Gold. Although countries are slowly accumulating Gold, they're exploring adding BTC to their reserves. Discoveries of new deposits tells us Gold is not as scarce as we once thought it was. The more Gold is found, the less valuable it will become. At least, that's how I see it. I could be wrong, though.
You're right that Bitcoin is relatively new to the world compared to Gold. However, BTC has gained value at a faster rate than Gold (within just 15 years). Meanwhile, Gold has been around for centuries projecting slow and steady gains. It's relatively stable, but you won't earn much holding it long-term (unlike BTC). You'll be surprised how far Bitcoin will go in the future. This is just the beginning. Once BTC surpasses Gold in market cap, it would've truly gone mainstream. Just keep holding until that time comes. Cheers.
