Quote from: fuguebtc on Today at 03:02:52 AM

Quote from: Abiky on Today at 12:39:00 AM

At some point, I believe the "yellow metal" will become history. Especially when BTC is touted as its successor. We're in the 21st century, so we should be living in the "intangible era". Tangible (physical) items would not be as valuable as they used to be in the past. Gold will eventually become a metal solely used for industrial purposes, while BTC will become the next store of value.

But the question is when will gold become history, when will that happen, 10 years or 100 years from now? I have been hearing bitcoin investors talk about bitcoin replacing gold for years. But what is happening is that gold continues to dominate, and is the top choice of governments and major investors regardless of the global economic situation.
Although bitcoin has also grown significantly over the past year, it is showing signs of weakness and dumping due to the uncertain economic situation. How can an asset being dumped due to inflation, tariffs...economic instability become a store of value and replace gold?
I am also a bitcoin investor, to be honest, I doubt that bitcoin can replace gold in the next few decades.

I don't think it will happen. Trump may want BTC to be the first and the digital Gold in our time. But its not up to him to declare this for the rest of the world. US may move to digital Gold but the East may not.

The physical Gold will still be what we need the most in reevaluating the currencies we have. Which there are talks about Trump going to revalue Gold for the USD. If back then gold was like $30+ per ounce, it may be more this time. Because there is the need to maintain the USD as the currency reserve and if this doesn't happen, the rest of the world will reevaluate gold without US.