Post
Topic
Board Bitcoin Discussion
Re: What Will Define Bitcoin’s Future Role?
by
pancelot
on 31/08/2025, 08:52:37 UTC
When we talk about Bitcoin, two major perspectives usually come up:

1. Bitcoin as Digital Gold:
Many people see Bitcoin as a long-term store of value, similar to gold. Its limited supply of 21 million coins makes it scarce, and that scarcity could strengthen its role as “digital gold” in the financial world.


2. Bitcoin as a Payment Network:
Others believe that Bitcoin’s true potential lies in being a decentralized payment system. It enables borderless, censorship-resistant transactions that traditional banks cannot offer.



Now the real question is:
👉 In the long run, will Bitcoin be known more as a “store of value” like gold, or as a “global payment system”?
👉 Or can it successfully serve both roles at the same time?

I would love to hear everyone’s opinion on this.

In my opinion, if we look closely at Bitcoin's journey to date, its strength lies in its ability to embrace both roles simultaneously. On the one hand, its scarcity, with only 21 million coins available, makes it highly suitable for viewing as "digital gold," an asset that can significantly protect value over the long term, especially during times of inflation and uncertainty in the traditional financial system. I believe many institutional investors are now starting to embrace this perspective. On the other hand, the Bitcoin network continues to develop rapidly as an open, censorship-free global payment system. Layer-2 solutions like the Lightning Network, for example, demonstrate how Bitcoin can be used for relatively cheap and instant cross-border transactions, something that conventional banking has difficulty or even cannot offer. So, in my opinion, there is no need for a dichotomy between the two. In fact, Bitcoin's future will be even brighter because it can function dually, becoming a solid store of value and also an inclusive payment infrastructure. Perhaps the world will know it not only as "digital gold" or as a "global payment system," but will be seen as a new financial foundation that combines both.