Quote from: landheer on Today at 06:08:59 AM

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

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.

It is very difficult to predict this because the ups and downs of the economy that are happening now are difficult to predict, whether gold can replace bitcoin in the future, of course that is a difficult question to answer but looking at the current value of bitcoin does not rule out the possibility that in the future it can replace gold because its value is high even though there is a decline but very little is considered not worrying.

I don't think the debate about whether gold will be ever replaced by Bitcoin is relevant. They are different assets and have very different characteristics, which we've discussed about thousands of times before in these pages.

As we're talking about short term fluctuations in price in this thread (inflation, tariffs, economic instability of the last months), I would like to remind you of one of the biggest distinctions between both assets: chances of gold doubling it's price in the next months is practically zero, while that's not what many people think about Bitcoin. And the same would happen the other way around: it would be a really exceptional event if gold lost 50% of his value in a few months, while we've seen it happening to Bitcoin plenty of times.