After reading a lot of posts made by people on this forum, I realized about 75% of them see Bitcoin as a digital Gold. For me, I don't think Bitcoin is a digital gold. Cryptocurrency or Bitcoin to be precise, was developed to be a safer option for transaction of goods and services and also the best mode of payment. Bitcoin was introduced to disable all the restrictions that banks and the financial system presented. A lot of people have lost huge sums of money because they saw bitcoin as a digital gold. I know others will argue that bitcoin has also made people rich but for me, I don't think it is advisable to consider Bitcoin as a digital gold. Bitcoin is a digital currency.
I think bitcoin is like gold because now it's quite expensive, it's different from its function far away from gold, bitcoin can be used as a payment tool that almost says there is no shipping cost different from dollar and so on, with bitcoin can more savings in my opinion 
Topic: Is Bitcoin a Digital Gold?? - page 22. (Read 6311 times)
After reading a lot of posts made by people on this forum, I realized about 75% of them see Bitcoin as a digital Gold. For me, I don't think Bitcoin is a digital gold. Cryptocurrency or Bitcoin to be precise, was developed to be a safer option for transaction of goods and services and also the best mode of payment. Bitcoin was introduced to disable all the restrictions that banks and the financial system presented. A lot of people have lost huge sums of money because they saw bitcoin as a digital gold. I know others will argue that bitcoin has also made people rich but for me, I don't think it is advisable to consider Bitcoin as a digital gold. Bitcoin is a digital currency.
Now bitcoin is a digital currency. But I think that, after a little time, it may well become digital gold. I think that bitcoin is our futureMaybe it will be considered because bitcoin is a digital currency which is having precious value when getting older. Like gold it will gets increasing if this will become old stock no matter what the market trends. But bitcoin for now are in the matter of its volatility which is difficult to analyze the true value of it, but still have good source of benefits in the future.
After reading a lot of posts made by people on this forum, I realized about 75% of them see Bitcoin as a digital Gold. For me, I don't think Bitcoin is a digital gold. Cryptocurrency or Bitcoin to be precise, was developed to be a safer option for transaction of goods and services and also the best mode of payment. Bitcoin was introduced to disable all the restrictions that banks and the financial system presented. A lot of people have lost huge sums of money because they saw bitcoin as a digital gold. I know others will argue that bitcoin has also made people rich but for me, I don't think it is advisable to consider Bitcoin as a digital gold. Bitcoin is a digital currency.
Now bitcoin is a digital currency. But I think that, after a little time, it may well become digital gold. I think that bitcoin is our future 
After reading a lot of posts made by people on this forum, I realized about 75% of them see Bitcoin as a digital Gold. For me, I don't think Bitcoin is a digital gold. Cryptocurrency or Bitcoin to be precise, was developed to be a safer option for transaction of goods and services and also the best mode of payment. Bitcoin was introduced to disable all the restrictions that banks and the financial system presented. A lot of people have lost huge sums of money because they saw bitcoin as a digital gold. I know others will argue that bitcoin has also made people rich but for me, I don't think it is advisable to consider Bitcoin as a digital gold. Bitcoin is a digital currency.
Perhaps we can see cryptocurrency as an asset rather than replacement for gold. Bitcoin is made to have a fast and safer transaction as mode of payment and exchange. Its hard to consider that a cryptocurrency as a gold, maybe an asset that will grown or the value will be become more grown in some other time.
For me bitcoin is a future asset where the asset is for a long time, fast transactions without a third party, Bitcoin is very useful for the needs of the community.
After reading a lot of posts made by people on this forum, I realized about 75% of them see Bitcoin as a digital Gold. For me, I don't think Bitcoin is a digital gold. Cryptocurrency or Bitcoin to be precise, was developed to be a safer option for transaction of goods and services and also the best mode of payment. Bitcoin was introduced to disable all the restrictions that banks and the financial system presented. A lot of people have lost huge sums of money because they saw bitcoin as a digital gold. I know others will argue that bitcoin has also made people rich but for me, I don't think it is advisable to consider Bitcoin as a digital gold. Bitcoin is a digital currency.
Yes, Bitcoin is a digital currency, but I think Bitcoin is more valuable than gold, because Bitcoin is multi-functional and has an easy way to save it.
most people consider bitcoin to be digital gold because both have a lot in common. like both are obtained from mining. then both also have a limited amount. and most people agree that both are valuable objects that can be exchanged for money. and both can also be used as investment tools. I think for that reason people say bitcoin is digital gold.
For me, Bitcoin is a digital gold. This is a kind of gold coin where we will use technological base just to do transactions. This is just base on my opinion. How about yours?
After reading a lot of posts made by people on this forum, I realized about 75% of them see Bitcoin as a digital Gold. For me, I don't think Bitcoin is a digital gold. Cryptocurrency or Bitcoin to be precise, was developed to be a safer option for transaction of goods and services and also the best mode of payment. Bitcoin was introduced to disable all the restrictions that banks and the financial system presented. A lot of people have lost huge sums of money because they saw bitcoin as a digital gold. I know others will argue that bitcoin has also made people rich but for me, I don't think it is advisable to consider Bitcoin as a digital gold. Bitcoin is a digital currency.
We have the same belief about whats the true function of bitcoin,yes i know most of us treat this cryptocurrency as a asset,a digital gold thats why were holding thisnd so afraid to use as what this must be but let us not forget that this is a currency,we should treat this as payment materials and not for holding,why not givr the favor back to bitcoin when this saves us from the greediness of the banks and give us freedom for our money literacy
I appreciate your thought and you are right because there are a huge difference between gold and currency and bitcoin is digital currency not digital gold.
Bitcoin has been online digital asset which are acceptable across the country and many has been using it for a daily use with a high demand in the world. Therefore bitcoin is a digital gold.
Bitcoin is one of the digital currency in the digital currency. so i can say Bitcoin is a digital gold.
Now the crypto currency that is going out of popularity, i think those who used to wear gold for future, they will start saving the crypto currency.
Now the crypto currency that is going out of popularity, i think those who used to wear gold for future, they will start saving the crypto currency.
After reading a lot of posts made by people on this forum, I realized about 75% of them see Bitcoin as a digital Gold. For me, I don't think Bitcoin is a digital gold. Cryptocurrency or Bitcoin to be precise, was developed to be a safer option for transaction of goods and services and also the best mode of payment. Bitcoin was introduced to disable all the restrictions that banks and the financial system presented. A lot of people have lost huge sums of money because they saw bitcoin as a digital gold. I know others will argue that bitcoin has also made people rich but for me, I don't think it is advisable to consider Bitcoin as a digital gold. Bitcoin is a digital currency.
Perhaps we can see cryptocurrency as an asset rather than replacement for gold. Bitcoin is made to have a fast and safer transaction as mode of payment and exchange. Its hard to consider that a cryptocurrency as a gold, maybe an asset that will grown or the value will be become more grown in some other time.
Totally agree. One of the best observations on the forum, It's the hype that Bitcoin is some form of digital gold that has driven the frenzy at the end of last year with bitcoin reaching silly prices and now it has dropped to a more sensible price the people who didn't understand its use and purpose have been left with huge losses. I do however think that Ethereum will overtake Bitcoin as the gold standard (pun intended) due to it's scalability and usefulness.
After reading a lot of posts made by people on this forum, I realized about 75% of them see Bitcoin as a digital Gold. For me, I don't think Bitcoin is a digital gold. Cryptocurrency or Bitcoin to be precise, was developed to be a safer option for transaction of goods and services and also the best mode of payment. Bitcoin was introduced to disable all the restrictions that banks and the financial system presented. A lot of people have lost huge sums of money because they saw bitcoin as a digital gold. I know others will argue that bitcoin has also made people rich but for me, I don't think it is advisable to consider Bitcoin as a digital gold. Bitcoin is a digital currency.
Gold is presently little word for BTC world in light of the fact that on the off chance that we do think about the cost of gold and still, after all that it is a long ways behind and can to draw close to by the bitcoin. Indeed we can state that BTC is sapphire and gold will be gold. BTC have not presence in the physical world, still BTC have ace cost in the entire world. After reading a lot of posts made by people on this forum, I realized about 75% of them see Bitcoin as a digital Gold. For me, I don't think Bitcoin is a digital gold. Cryptocurrency or Bitcoin to be precise, was developed to be a safer option for transaction of goods and services and also the best mode of payment. Bitcoin was introduced to disable all the restrictions that banks and the financial system presented. A lot of people have lost huge sums of money because they saw bitcoin as a digital gold. I know others will argue that bitcoin has also made people rich but for me, I don't think it is advisable to consider Bitcoin as a digital gold. Bitcoin is a digital currency.
Yes certainly this statement is 100% correct as bitcoin is digital gold because its all properties as we can say are legitimately same as that of gold . Its value in market changes certainly with time to time . It can reach staggering heights on one day but can come down on the another . Also both can be a part of monetary transactions around the world.
Bitcoin also became valuable because of its usage. If it was easy to duplicate, easy to confiscate, and hard to store and transfer, then it would not be worth much. Its scarcity and utility is at least partially responsible for its valuation with the rest being hype, hopes and dreams, and speculative trading.
I believe that it is considered as digital gold. If we are going to put basis on its value we can say that it is considerable as gold. All because bitcoin, like gold, has the same features: limitation, anonymity, growth in value. What makes gold and crypto currency even more similar is that bitcoins, like gold, can be mined.
If one chooses to see the bitcoin as the digital gold then that's the person's perception and the word is believe what you want to believe. But the Bitcoin is more than digital gold. It is a revolution that is bringing down the walls of conventional financial institutions and ushering in a new way for everyday transactions
digital gold in my opinion there is a truth because to get it is needed mining and they have good economic value. if bitcoin as a payment instrument has not happened, especially in our country because there is still a ban from the government that balances its value which is volatile and loaded with the value of certain parties
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