Topic: Is Bitcoin digital gold or digital cash? - page 6. (Read 12063 times)
We can say it can be both thing when it comes to bitcoins.Bitcoins has the price high like gold but not totally leveled with gold itself. There is no inflation in Bitcoin and I can guarantee that the prices will always go up.Unlike the bitcoin where at will have tremendous possibilities.When a person already know well bitcoin, then I am sure when they make investments accounting for or already full with ripe then luck or great profit will always be obtained
When Bitcoin just started, the people that were using it didn't really know how expensive Bitcoin would be mostly because they didn't know how many people will be using Bitcoin for payments.Maybe bitcoin is a combination of both, so can be said bitcoin is cash and gold money depends on the use.
The thing with bitcoin is it cannot be boxed as only a kind of digital cash because more people are considering it as an investment so it is as well a store of value.Nothing in the world is anonymous, with the currently technology some countries have they can discover anything about anyone if they want and I think it's not a advantage of BTC as it's inexistent.
For me, bitcoin is a digital gold and currency because bitcoin is minable the supply is limited and it has stability like gold. On the contrary of what people think, bitcoin has infinite supply. All those altcoins popping up every day are side chains of bitcoin. They do exactly what bitcoin does. So bitcoin differs from gold in this matter.
For me its both, soon using bitcoin in bills and other payments will conceptualize bitcoin as cash and the possibility of profit just by saving bitcoin only means it can be slightly considered as gold.Gold is not a currency and it's just a form of material having precious value and established to be having a price which is sold to the consumers and most people liked to use it as jewelry and collection as well as investments. Digital cash from bitcoin is profitable and can be used for daily living which is for our spending.
I do not know what bitcoin is, but he's not gold nor cash, but can use more income and gambling.
I do not have a bitcoin yet but I'm paying for it.
On the internet just because bitcoin can be used, when there is no internet bitcoin as well.
I do not have a bitcoin yet but I'm paying for it.
On the internet just because bitcoin can be used, when there is no internet bitcoin as well.
Bitcoin is digital gold since its value is more valuable than ordinary local money and it always increase the value of it.
In the same manner it is a digital cash which have a monetary value that you can used in all means of transaction to promote convenience to everyone.
In the same manner it is a digital cash which have a monetary value that you can used in all means of transaction to promote convenience to everyone.
Bitcoin is a digital gold since it is more expensive and lots of usage. Bitcoin is a gold not only in price but signifies glory along its journey.
Bitcoin is the currency for a very open and dynamic future, this transaction is very easy and fast *
bitcoin is digital gold, because in bitcoin you can buy or sell bitcoin like a gold
For me it is a digital gold, because bitcoin has a high value than cash and we know that gold has a more or high cash value thats why I said that bitcoin is digital gold.
Bitcoin is digital currency. It's not gold but more goldy than gold.
Both the bitcoin is a digital gold since it represents that they are the always number one and leading electronic coin in field of cryptocurrency and the digital cash which will provide you a better life.
Bitcoin can be used in all means of tranasaction which helps everyone to become successful.
Bitcoin can be used in all means of tranasaction which helps everyone to become successful.
You just pay in fiat and the restaurant receives fiat, you're just exchanging coins from fiat with your cc card issuer.
I think, creating profits like storing bitcoin as an investment and selling it when the price goes up is similar. so bitcoin can be a digital gold for investment or digital money for transactions ...
In fact, there is no fundamental difference. What does it matter how to call it, if in fact bitcoin does not change its properties because of this, right?)
Bitcoin is the currency of the future is very open and dynamic, the transaction is very easy and fast
I think you never send bitcoin from one wallet to the others so thats why you say that bitcoin is fast.
I agree when you said bitcoin is dynamic or fluctuate but bitcoin is not so fast if we use it for currency.
Bitcoin is digital cash that has special terms on how to use it properly.
The learning curve amazes me because of how unique this property is compared to other established ideas blooming these days.
After getting far into this, many benefits find use. Don't just spend cryptocurrencies, put them into swing.
The learning curve amazes me because of how unique this property is compared to other established ideas blooming these days.
After getting far into this, many benefits find use. Don't just spend cryptocurrencies, put them into swing.
Bitcoin is both a digital currency and a store of value too. Bitcoin can be use to as a currency to send payment from one person to another. And also bitcoin can be stored of as commodity for long-term for the value appreciate and then sell it later for profits like gold.
This is a common secret, bitcoin has many functions as currency, assets, and commodities. but bitcoin less suitable to be used as micropayment, because problem of transaction fee and transaction speed which need to be reviewed. Thus, bitcoin doubles as digital gold and digital cash.
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