Post
Topic
Board Bitcoin Discussion
Re: Can Bitcoin surpass Gold?
by
CryptoBuds
on 30/04/2025, 18:40:46 UTC
On the other hand, gold has pumped only 33% in the last 10 years.


The price of gold in 2015 was $1,061/ounce and as of April 29, 2025, gold is trading at $3,330/ounce. That means the price of gold has tripled over the past 10 years, equating to an increase of nearly 10% per year. Not to mention, those who invested in gold in 2023 at around $1.8k and have so far made a decent return, over 82%. All of which is not a bad return for an asset that is considered the world's safest and has a market capitalization in the trillions of dollars.

Gold could double its market cap from $10 trillion to $22 trillion in just a few years, something I doubt bitcoin can do. So I am skeptical when people claim that bitcoin will surpass gold in the near future.


I don't quite agree with you. Yes gold is a “protective asset” but mostly in times of crisis and geopolitical uncertainty. In the last few years we have often seen this picture of the world. If there is any certainty in the world, gold will lose its investment appeal and its growth will slow down. I would not advise to keep most of your investments in gold in such times. In my opinion, investing in Bitcoin seems more reasonable, although it involves higher risks.

During times of economic stability, gold loses its appeal to investors as people tend to look for risky investments for better returns. But gold will always be the top choice of central banks, they will not stop buying gold regardless of the price because they need a safe haven to protect the economy. That is why the demand for gold never stops no matter what the economy is like.

I don't deny, bitcoin is always superior in terms of profit because bitcoin is younger, smaller capitalization, more volatile and I also choose to invest in bitcoin. But I mean, bitcoin is unlikely to surpass gold in terms of capitalization. I don't think bitcoin can overtake gold as easily as many other bitcoin investors imagine.