Topic: Can Crypto be more valuable than gold? - page 4. (Read 5086 times)
Bitcoin is already more valuable than gold. Bitcoin price is over $45k now. And in terms of the price, I think that Bitcoin will continue to be much more valuable unless there is a really huge dump and we see very low levels. But when it comes to crypto in general, I think that there are only a few coins which are more valuable or can be like that in the future.
If we look at the price, of course crypto is much more valuable than gold "for now" and by investing in crypto we can store it safely because all our wallet access holds it.
But for the future I really prefer to hold on to gold because digital at any time can disappear from this earth and for gold because there are physical goods and great strength it will certainly be safer in the future when the world no longer has technology.
But for the future I really prefer to hold on to gold because digital at any time can disappear from this earth and for gold because there are physical goods and great strength it will certainly be safer in the future when the world no longer has technology.
Both are totally different, crypto is a digital asset and Gold is a physical asset. Crypto is developing rapidly than gold. But most people still believe in investing in Gold.
If you compare it with profit then I think Crypto is more valuable because it gives good benefits than Gold.
If you compare it with profit then I think Crypto is more valuable because it gives good benefits than Gold.
It’s only a matter of time until the total bitcoin market-cap is higher than gold. Gold has had its time in the sun, bitcoin beats it in all aspects & is the future of finance.
Honestly I really don't know the answer to that. We can give ourselves like 20 more years and we might be able to get a different answer from that time. Gold is physical while Cryptocurrencies are digital in nature. People might still clamor for the physical, tangible object such as gold and that might answer our question to a resounding "No" for the time being. We have to wait until more and more people will be investing in Cryptos than gold for crypto to be more valuable.
I have thought that one key advantage crypto (bitcoin, litecoin, Dash, monero etc.) has over gold is that its supply level is fixed and transparent, but can this or features make crypto more valuable than gold?
Actually, Gold is also limited, otherwise it will not become more expensive within time. Nevertheless, it is quite possible for crypto to become more valuable than gold. It is confirmed by the economic steps of China. They started using Bitcoin as a reserve currency instead of gold last year. Since that, Gold has started decreasing and Bitcoin, vice versa, increasing.
I agree with your opinion. very wise in explaining the difference between gold and digital currency. The point is that gold can be used anywhere and anytime, but digital currency can only be used in certain places
Digital currency does not have tangible properties like Gold so its use is limited to the internet, while Gold can be used in other forms such as buying land for example, and can also be made for jewelry on the things we like. 
on the other hand, gold has an infinite supply, so it is possible that the price of crypto, especially bitcoin, will have a greater price increase than gold, especially if the government legalizes it so that more people adopt it, of course it will be more profitable to invest in crypto
and from this alone we already know that the supply of gold is limited, but even though the supply of gold is limited it has a special property that it can be re-melted so they can re-melt the existing gold so that's why gold will not run out.
Obviously Crypto will be more valuable than gold in near future because it's already gained a huge popularity and price if we campare with it's beginning price.
Hope you caught my point.
Hope you caught my point.
No Bro its not possible, try to get a point that crypto is tech based if something happens where tech removed then what to do. Here is the Gold a true face value which is not possible in Crypto even after a high advancement and crypto is fluctuating nature assets, where gold is pure in stability with its physical worth and demand.
No, Its too simple because We are progressive in technology but a physical trade means be always physical. Crypto is next generation of economy but we can't forget about it that crypto can be devalued in a sec but on other hand we cant remove physical assets like gold which more safe and stable in its Capital. For example if we have to go through any crisis in which we cant survive with technology then there is no digital word existence.
So Simple mean is may be for sometime Crypto(about impossible) can cross over the Gold capital but it can't survive for long.
So Simple mean is may be for sometime Crypto(about impossible) can cross over the Gold capital but it can't survive for long.
Bitcoin is already more valuable and stronger than gold, it's one of the reasons why bitcoin is slowly growing higher recently, it shows that the world have finally understanding what Bitcoin is capable of, the pandemic period have shown that Bitcoin isn't a joke and its more capable than even world stock market, the sky is the limit for Bitcoin from now on
It's hard to say for sure.
Overall, yes, it is possible. Everything will depend on the world in which we will live in the future.
The more digitized it is, the more meaningful digital products will be.
Gold is still a precious metal, it is useful, you can touch it, there is a physical reference. But that doesn't mean too much for the digital world.
Overall, yes, it is possible. Everything will depend on the world in which we will live in the future.
The more digitized it is, the more meaningful digital products will be.
Gold is still a precious metal, it is useful, you can touch it, there is a physical reference. But that doesn't mean too much for the digital world.
I think it is very difficult to draw conclusions when comparing the price of gold and bitcoin, because both are the best commodities but in different spaces, regarding the possibility that the price of bitcoin will exceed the price of gold, it can happen in a limited time but not for the long term, the reason is that bitcoin is very dependent with technology that someday may also become extinct or other worst possibilities occur.
One way to look at this is that there are already many assets that are having a market cap larger than that of gold. Stock market and real estate are examples. Even bond market comes under this category. Even the M1 monetary supply of the US Dollar is expected to edge past the gold market cap ($12 trillion) in the next few years. So theoretically at least, it won't be impossible for BTC to surpass the gold valuation. And more so, given the gloomy predictions regarding inflation rates for the next 4-5 years.
i think gold is not relevant in 2021. We need to invest in blockchain and new technologies
Gold and blockchain can mutually benefit, we have seen several stable coins that support gold from several previous projects, gold has been trusted by many countries and its existence is very rare, almost the same as Bitcoin, but Bitcoin is better than gold because Bitcoin has modern technology such as blockchain and if it is not mined then Bitcoin will not exist. so I think both are good and mutually beneficial
yes, it is because you can see the value of BTC is$(31k) I think crypto is more valuable than gold. The value of a single BTC is more than gold
I have thought that one key advantage crypto (bitcoin, litecoin, Dash, monero etc.) has over gold is that its supply level is fixed and transparent, but can this or features make crypto more valuable than gold?
Gold is a commodity that can be seen and touched and its price is set by the government of a country But crypto is Decentralised and Blockchain based .There is no one to control the price. So of course the price of crypto changes more than gold.
I think yes. Of course, it is not clear for people at the age of 50 and older, many of them consider cryptocurrencies to be Ponzi schemes, on the other hand, gold has been valuable since ancient times.
But I believe that with development of technologies, we will increasingly break away from physical values. This way crypto will become more valuable than any assets that have something physical under them.
But I believe that with development of technologies, we will increasingly break away from physical values. This way crypto will become more valuable than any assets that have something physical under them.
In the future, Bitcoin in cryptocurrency will be more valuable than gold. Bitcoin is limited in number and scarce, and when people's demand for it increases, its value will rise. People recognize the benefits brought by Bitcoin, and many new users have begun to invest in Bitcoin now. People's acceptance and recognition of it has increased the circulation of Bitcoin, and the room for Bitcoin's appreciation in the future will continue to rise.
Agree that bitcoin is more valuable than gold, I believe if bitcoin lasts for at least 10 more years then the value of 1 btc costs at least $500k, and with the limited amount of stock it makes the price of bitcoin continue to skyrocket compared to gold which the amount can increase.
In the future, Bitcoin in cryptocurrency will be more valuable than gold. Bitcoin is limited in number and scarce, and when people's demand for it increases, its value will rise. People recognize the benefits brought by Bitcoin, and many new users have begun to invest in Bitcoin now. People's acceptance and recognition of it has increased the circulation of Bitcoin, and the room for Bitcoin's appreciation in the future will continue to rise.
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