Quote from: BALIK on Today at 08:09:57 AM

Quote from: GigaBit on December 15, 2024, 10:19:41 PM

With time, everything in human beings changes. Since ancient times, people have been very attracted to gold. It was valuable and still existed, but if we consider advantages in the current world, then we will put Bitcoin ahead of gold. The price of gold increases very slowly, whereas Bitcoin has the ability to increase much more than it in a short period of time. Moreover, there is no limitation in the price of gold, where if new minerals are found, the amount of gold will increase.

But the amount of Bitcoin will remain the same. That is why the demand for Bitcoin is very high. Moreover, the benefits that people get by using Bitcoin are not possible by using gold. Bitcoin is very easy to carry, which is not possible in the case of gold. We can definitely say that Bitcoin is a digital gold which is more expensive and attractive than gold.

Gold prices are rising slowly because it has become so big, gold has a market capitalization of $18 trillion and is the world's largest asset. Meanwhile, Bitcoin is still quite small compared to gold so there will be more volatility but as Bitcoin gets bigger, volatility will also decrease.

Gold has no fixed supply, but its demand and utility are many times higher and more diverse than bitcoin. It is used in many industrial fields, not just for investment or jewelry making. Meanwhile, digital assets like bitcoin are currently only used as a form of investment or speculation. So the demand for gold will clearly always outstrip bitcoin. So, expecting bitcoin to surpass gold is possible but not as easy as many people think.

We can also say about defi, but of course - BTC is the coin not used in that field due to the fact it's - the - coin, and giving somebody the privilege of keeping your BTC without you being at the helm is considered poor decision-making.
It will not be easy - but digital always beats traditional.