Quote from: Iranus on May 30, 2025, 03:20:03 PM

I don't know if it will happen or when it will happen, but with what has happened and is happening. I am sure that bitcoin will not be able to surpass gold anytime soon, let alone replace gold and become the world's most trusted store of value.

It is true that many countries around the world have realized the potential of BTC and started adopting it, but that does not mean that they intend or use it to replace gold. All they say about bitcoin is that it has the potential to be like gold, bitcoin is digital gold...no one says it will replace gold in the future. Bitcoin being like gold doesn't mean it can replace gold, we shouldn't mix the two together.

Nothing is set in stone. But in this increasingly-digital world, it's hard to believe physical assets will retain their value in the long run. The future is tokenization of assets (RWAs) whenever we like it or not. Even BlackRock showed interest in this. It won't be long before BTC overcomes Gold in market cap. The "yellow metal" will probably even lose investor appeal as everything will shift to the digital realm.

Of course, this doesn't mean Gold will disappear in the long run. But it will be solely used for decorative/fashion purposes. As a store of value, it will no longer reign supreme. Same as Silver which could eventually be replaced by Litecoin. Only Fiat currencies will survive. Especially when they're backed by governments and central banks. The party is just getting started, so hold on tight as this is going to be a wild ride.