Topic: Bitcoin Will Replace Gold! Here's Why... - page 9. (Read 4166 times)
Well, I don't have any perception about bitcoin will replace gold. I would prefer to see bitcoin and gold work by their way as the investment for people. And now, with bitcoin and gold, we have the opportunity to make a lot of money from both and bitcoin is not yet reach the very highest price because it is too volatile from time to time. But we cannot compare bitcoin and gold because it is different but in the same purposes to give a chance to people to make money.
It is not possible, gold is very different from bitcoin, gold is not same as fiat, it might be equivalent but it is not same so gold, fiat and bitcoin cannot be categorized together and replaced with each other. Gold has had a value of hundreds of years and it cannot be replaced by anything, more technology develops, gold will still be there because its needs increase with technology. They will coexist, maybe it will be replaced but it is still very long and it takes thousands or tens of thousands of years to replace this existing system.
any statement stating bitcoin will replace gold I don't think it will be possible because gold and bitcoin already have physical differences that are certain people have chosen something that has a physical and high selling value because it is difficult to obtain.
We have to understand we are in a middle of something, in a transiction between old habits and new technologies and this is very hard to accept and understand fully
Gold probably will be replaced, with time. And even BTC will be replaced for something new and better, maybe we will be talking about something new to replace BTC in a few years...
It's crazy, but everything changes, and gold will change to
No, gold was, is and will be gold, an indispensable means of storing value, a measure of value and a means of payment. New technologies will only push him out of the market a little, but he will save his main positions. Bitcoin has many advantages, but it also has disadvantages, and above all, its high price volatility. New technologies also depend on the availability of the Internet, a power source, the need to interact with other technical means and the availability of these technical means as a means of ensuring payment. Especially these shortcomings will manifest themselves during various disasters and then people will again be drawn to gold. Gold probably will be replaced, with time. And even BTC will be replaced for something new and better, maybe we will be talking about something new to replace BTC in a few years...
It's crazy, but everything changes, and gold will change to
you shouldn't even be comparing bitcoin and gold because they have nothing in common and not in the same category for one to replace the other. bitcoin is a currency and gold is many things but not a currency. gold will remain as it is as long as it keeps its use cases which it will. and bitcoin, as a separate and entirely different thing will grow only as long as it is offering what it is suppose to, meaning a decentralized secure payment system that is censorship resistant.
Overtime I've researched what has made gold desirable as a store of value.
Additionally I've come to understand the limitations of Gold, and why I believe Gold will be seen as the go to store of value less and less going into the future.
We're living in an increasingly high speed, digital world, where people expect instant access to their funds and their stored value.
Gold cannot and will not be able to offer this to future generations, who will not accept the limitations of Gold.
I believe Bitcoin meets the and surpasses many of the attributes offered by Gold.
For this reason I think Bitcoin will grow to become the primary store of value for people, and will begin taking market cap away from Gold.
I've created a video below where I list the attributes that Bitcoin has, that Gold simply does not have, and why Gold cannot compete with Bitcoin.
I believe proponents of Bitcoin have been too soft on Gold. Gold is severely limited.
Please watch the video and let me know what you think. Thanks
https://youtu.be/UyaNJMxWmSU
Additionally I've come to understand the limitations of Gold, and why I believe Gold will be seen as the go to store of value less and less going into the future.
We're living in an increasingly high speed, digital world, where people expect instant access to their funds and their stored value.
Gold cannot and will not be able to offer this to future generations, who will not accept the limitations of Gold.
I believe Bitcoin meets the and surpasses many of the attributes offered by Gold.
For this reason I think Bitcoin will grow to become the primary store of value for people, and will begin taking market cap away from Gold.
I've created a video below where I list the attributes that Bitcoin has, that Gold simply does not have, and why Gold cannot compete with Bitcoin.
I believe proponents of Bitcoin have been too soft on Gold. Gold is severely limited.
Please watch the video and let me know what you think. Thanks
https://youtu.be/UyaNJMxWmSU
I don't think bitcoin will send gold to oblivion. Both bitcoin and gold will co-exists together. There will be a market for both of them.
We have to understand we are in a middle of something, in a transiction between old habits and new technologies and this is very hard to accept and understand fully
Gold probably will be replaced, with time. And even BTC will be replaced for something new and better, maybe we will be talking about something new to replace BTC in a few years...
It's crazy, but everything changes, and gold will change to
Gold probably will be replaced, with time. And even BTC will be replaced for something new and better, maybe we will be talking about something new to replace BTC in a few years...
It's crazy, but everything changes, and gold will change to
Additionally I've come to understand the limitations of Gold, and why I believe Gold will be seen as the go to store of value less and less going into the future.
As it is limited, it will have increasing value in the future. Many said that gold is the best investment as its value will not probably decrease because this is not volatile. Limitation of the gold doesn't mean that it will have less value, it is the opposite, they will have a higher value.
I believe Bitcoin meets the and surpasses many of the attributes offered by Gold.
Well, I also believe that Bitcoin has great value and it will have increasing value in the future, BTC has many benefits and advantages. But, I still wonder in that case it will surpass the gold? I think that both BTC and gold are something very worthy to invest both.
In case, both gold and BTC have their own upsides. But, they also have their own value based on their own characteristics. For me personally, I love investing in both BTC and gold.
The volatile nature of bitcoin value is a major factor that will affect its adoption and if that still remain unchanged then the so call market cap increase will not be attainable because many will have the fears of loosing there money in an investment platform that is too volatile and will not allowed the market cap to grow to the level where bitcoin will replace Gold.
Nope even bitcoin is become to expensive I believe gold still valuable as investment in short keeping gold like bitcoin is profitable way how to get earn. But we know bitcoin and gold have an different rules as investment and asset bitcoin is a new form of money gold is isn't a money is pure investment.
Gold is not just a store of value, some also consider it an investment opportunity. I'll explain how I find these two different. A store of value is something you can have something valuable in and then expect it to be more or less of the same value after some time passes. When investing money, however, you don't expect to have the same amount in the future, you want to have more, to make a profit. And I think that gold is a great store of value because it's fairly stable and low-risk. Bitcoin, on the other hand, seems like a way better investment, but it involves higher risks. So my point is that if you have $15k, and you want to save this money for your future adult children, gold might be a good option. If you want $15k, and you are willing to risk for the chance of having $150k in the future, then Bitcoin seems more suitable.
I agree, gold is currently less volatile and more stable that BTC. This is partly because it has a much higher market cap.
Bitcoin is still very early, but I believe in the future when Bitcoin's market cap is much higher, the volatility will be reduced.
Once this happens, the only advantage that Gold has, is its application and tangibility. Bitcoin is superior in almost every other aspect.
Gold is not just a store of value, some also consider it an investment opportunity. I'll explain how I find these two different. A store of value is something you can have something valuable in and then expect it to be more or less of the same value after some time passes. When investing money, however, you don't expect to have the same amount in the future, you want to have more, to make a profit. And I think that gold is a great store of value because it's fairly stable and low-risk. Bitcoin, on the other hand, seems like a way better investment, but it involves higher risks. So my point is that if you have $15k, and you want to save this money for your future adult children, gold might be a good option. If you want $15k, and you are willing to risk for the chance of having $150k in the future, then Bitcoin seems more suitable.
Overtime I've researched what has made gold desirable as a store of value.
Additionally I've come to understand the limitations of Gold, and why I believe Gold will be seen as the go to store of value less and less going into the future.
We're living in an increasingly high speed, digital world, where people expect instant access to their funds and their stored value.
Gold cannot and will not be able to offer this to future generations, who will not accept the limitations of Gold.
I believe Bitcoin meets the and surpasses many of the attributes offered by Gold.
For this reason I think Bitcoin will grow to become the primary store of value for people, and will begin taking market cap away from Gold.
I've created a video below where I list the attributes that Bitcoin has, that Gold simply does not have, and why Gold cannot compete with Bitcoin.
I believe proponents of Bitcoin have been too soft on Gold. Gold is severely limited.
Please watch the video and let me know what you think. Thanks
https://youtu.be/UyaNJMxWmSU
Additionally I've come to understand the limitations of Gold, and why I believe Gold will be seen as the go to store of value less and less going into the future.
We're living in an increasingly high speed, digital world, where people expect instant access to their funds and their stored value.
Gold cannot and will not be able to offer this to future generations, who will not accept the limitations of Gold.
I believe Bitcoin meets the and surpasses many of the attributes offered by Gold.
For this reason I think Bitcoin will grow to become the primary store of value for people, and will begin taking market cap away from Gold.
I've created a video below where I list the attributes that Bitcoin has, that Gold simply does not have, and why Gold cannot compete with Bitcoin.
I believe proponents of Bitcoin have been too soft on Gold. Gold is severely limited.
Please watch the video and let me know what you think. Thanks
https://youtu.be/UyaNJMxWmSU
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