BTC is Gold 2.0 – What humanity has been waiting for centuries - page 4.

just_Alice

hero member

Activity: 1274

Merit: 622

Quote from: savioroshan on January 27, 2017, 07:50:29 AM

Bitcoin cannot be compared with gold. Gold is a precious metal. It can be used for many purpose. Bitcoin is also expensive. It can be considered as a saving if you are ready to take risk. We dont know the future of bitcoin. Because its price is volatile. Who knows if its price will crash tomorrow.Whatever we tell about bitcoin, its right, but after all its a man made software token. Nothing else. If someone hack any top bitcoin exchange or any firm ,thats it. Its price will crash. Imagine If its price crashs and becomes fews cents then there wont be any use with this bitcoin.

The price of gold might crash too. Let's think about it. There are 165,000 metric tons of gold on Earth and there are approximately 7 Billion people. That means every person on planet earth could own about 5 rings of pure gold. I don't need 5 golden rings, actually I don't need even one. What I'm trying to say is that there are a lot of gold on Earth, more than people really need, and that the price of it is highly exaggerated.

ABCbits

legendary

Activity: 2870

Merit: 7490

Crypto Swap Exchange

I would agree if OP said "Bitcoin is next-gen currency" or "Bitcoin is the real Money 3.0". People should remember that Satoshi created bitcoin as A Peer-to-Peer Electronic Cash System that we usually call as cryptocurrency or decentralized currency Roll Eyes

If we really want to work together, we should start from introducing people about bitcoin, encourage services to accept bitcoin and try to use bitcoin as payment method Roll Eyes

Tanic

sr. member

Activity: 294

Merit: 250

Bitcoin and gold really looks alike. I can say that the portability is the biggest advantage of gold. You can move a large amount of wealth, which consists in relatively small amount of gold. And gold is easy to store, and relatively easy to hide. Bitcoin has the same properties. So it's really possible to call bitcoin as Gold 2.0.

savioroshan

hero member

Activity: 770

Merit: 500

Bitcoin cannot be compared with gold. Gold is a precious metal. It can be used for many purpose. Bitcoin is also expensive. It can be considered as a saving if you are ready to take risk. We dont know the future of bitcoin. Because its price is volatile. Who knows if its price will crash tomorrow.Whatever we tell about bitcoin, its right, but after all its a man made software token. Nothing else. If someone hack any top bitcoin exchange or any firm ,thats it. Its price will crash. Imagine If its price crashs and becomes fews cents then there wont be any use with this bitcoin.

xuan87

legendary

Activity: 1666

Merit: 1001

Bitcoin is really an answer for people who wants to do transaction without being known by other people, and the plus side of bitcoin is the price is keep on rising and it become a good investment tool, but unfortunately bitcoin amount is not enough to be used by whole people in this planet but we still have alt coins, so the crypto currencies future is still very potential to grow

SuperVillain

newbie

Activity: 28

Merit: 0

When most humans realise Bitcoin it will cost $1mln

andrei56

sr. member

Activity: 840

Merit: 254

Quote from: Sundark on January 26, 2017, 10:17:23 PM

You are absolutely right. Bitcoin is Gold 2.0 so tell me why people fail to realize that and are trying everything to destroy this invention?
If we would focus on one goal, unite every cryptocurrency enthusiasts under one roof, bitcoin would be number 1 world's currency by now.

Banks understand very well what bitcoin is about and that is why you see big efforts so they can destroy it, using governments of the world and the media to try to scare people away from bitcoin.

Xester

hero member

Activity: 994

Merit: 544

I cannot disagree with that concept that bitcoin truly is like gold. Saying its like gold 2.0 or a replacement for gold is a nice comparison. Like gold bitcoin will be in demand. During my research bitcoin is already accepted everywhere from restaurant. to hotels , to taxi and even buying cars. Bitcoin will have a bright future ahead of us.

Rw13enlib88

legendary

Activity: 2142

Merit: 1025

Quote from: Sundark on January 26, 2017, 10:17:23 PM

You are absolutely right. Bitcoin is Gold 2.0 so tell me why people fail to realize that and are trying everything to destroy this invention?
If we would focus on one goal, unite every cryptocurrency enthusiasts under one roof, bitcoin would be number 1 world's currency by now.

Bitcoin wont be the world's number currency until it's ready to be used by the whole population. Lacks development and it will take time.
But we all need to work together in this direction. No internal fights

Quote from: Wind_FURY on January 26, 2017, 10:24:52 PM

Why do most of the people in this forum, even the Legendary ones think Bitcoin is synonymous to gold? Whenever Bitcoin is mentioned the first thing that comes in their minds are "wealth" and "earnings". Let those people out of here and bring back what it is all about. A censorship resistant, decentralized currency. Do you know what that means OP?

You forget to mention that is the first digital scarce good created by humanity.
That makes it very similar to gold in terms of scarcity. Therefore as a store of value.

Quote from: sartorpc on January 26, 2017, 10:25:47 PM

I agree, But it is still early for the human kind to accept it, needs a lot more advertising from everywhere, right now it is in a very closed environment, bitcoin needs worldwide tv commercials like coca cola, easy explanations, easy apps for smartphones..

You're absolutely right

Quote from: Huge Black Woman on January 26, 2017, 10:37:33 PM

Bitcoin sho is lightweight, I give it that. But it don't have no advantage ova tha gold thieves. Hail, you got the damn exchanges runnin' away wit people's dough! This ain't no binary dilemma we got here. Gol' can exist side by side wit bitcoin, jist like we coext wit the squirrels up inna treetops. Its a big ol' world an' they's lotsa room in it fo' evverthang.

it will coexist with gold, atleast for some generations

ASHLIUSZ

hero member

Activity: 994

Merit: 502

Bitcoin can be considered as gold 2.0, already its been discussed several times. When something is mentioned as a digital asset we can give similar preference to it as a commodity. Several countries have imposed taxes upon bitcoin, so sure it is gold 2.0, with its potential the version 2.0 might get change to 1.0

Sundark

hero member

Activity: 560

Merit: 502

Quote from: Wind_FURY on January 26, 2017, 10:24:52 PM

Why do most of the people in this forum, even the Legendary ones think Bitcoin is synonymous to gold? Whenever Bitcoin is mentioned the first thing that comes in their minds are "wealth" and "earnings". Let those people out of here and bring back what it is all about. A censorship resistant, decentralized currency. Do you know what that means OP?

So according to you decentralized, censorship resistant, peerless network and currency system called Bitcoin, can't be compared to gold at all?
It may not be the most accurate representation what bitcoin really is but it is still good and solid parallel, especially for not bitcoin users.

Huge Black Woman

sr. member

Activity: 322

Merit: 251

Bitcoin sho is lightweight, I give it that. But it don't have no advantage ova tha gold thieves. Hail, you got the damn exchanges runnin' away wit people's dough! This ain't no binary dilemma we got here. Gol' can exist side by side wit bitcoin, jist like we coext wit the squirrels up inna treetops. Its a big ol' world an' they's lotsa room in it fo' evverthang.

sartorpc

sr. member

Activity: 300

Merit: 250

I agree, But it is still early for the human kind to accept it, needs a lot more advertising from everywhere, right now it is in a very closed environment, bitcoin needs worldwide tv commercials like coca cola, easy explanations, easy apps for smartphones..

Wind_FURY

legendary

Activity: 2898

Merit: 1823

Why do most of the people in this forum, even the Legendary ones think Bitcoin is synonymous to gold? Whenever Bitcoin is mentioned the first thing that comes in their minds are "wealth" and "earnings". Let those people out of here and bring back what it is all about. A censorship resistant, decentralized currency. Do you know what that means OP?

Sundark

hero member

Activity: 560

Merit: 502

You are absolutely right. Bitcoin is Gold 2.0 so tell me why people fail to realize that and are trying everything to destroy this invention?
If we would focus on one goal, unite every cryptocurrency enthusiasts under one roof, bitcoin would be number 1 world's currency by now.

Rw13enlib88

legendary

Activity: 2142

Merit: 1025

Humanity has been waiting for a place to save his earnings and be able transfer it between generations without loosing it’s value. We already had gold, but it’s been difficult to hide it from thiefs, both the goverment as other kind of thiefs.

Now we have the opportunity to change it. Now we have the opportunity to conserve wealth without giving any explanation to anyone.

The only way to do this is by all agreeing that BTC is Gold 2.0

We dont need a new technology to pay the coffee.

We’ve gone throught times when the goverment decided to confiscate every single grame of gold of the citizens. We're going throught times where printing new money is devaluating our savings. This wont happen again if we all work together making Bitcoin better.

If we do not agree on which coin is the Gold 2.0, a new “war” for being it will start and this will not let the humanity move to the Golden 2.0 Era.

Bitcoin is Gold 2.0

Let’s all work together

Topic: BTC is Gold 2.0 – What humanity has been waiting for centuries - page 4. (Read 3547 times)