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Topic: it is possible Bitcoin = gold ? - page 3. (Read 2076 times)

hero member
Activity: 714
Merit: 501
May 20, 2017, 09:46:04 AM
#5
gold has about a couple of thousands of different usages! from investment and jewellery to high tech stuff such as electronics and nano technology.

bitcoin is a currency!

so you can't really compare two things that are completely different from each other.

if you are just considering gold to be an investment and nothing else, then bitcoin is much better. because it is a currency and people can use it anyway they like since it is decentralized too.
sr. member
Activity: 1092
Merit: 256
Leading Crypto Sports Betting & Casino Platform
May 20, 2017, 03:31:59 AM
#4
People never prioritize same as gold, because the trust it had generated is simply big compared to bitcoin. Also the technology backing of bitcoin will always profitable but the decentralized system cannot be relied for a long which is completely independent of world market.
legendary
Activity: 2268
Merit: 1278
May 20, 2017, 03:09:51 AM
#3
No, bitcoin is better.
staff
Activity: 3500
Merit: 6152
May 20, 2017, 03:01:30 AM
#2
The more people use it (demand), the higher the price raises but yes, It would stop at some point and be stable but that could take a few years. I'm not sure about Bitcoin being like gold though, all we need to go back to use gold is a nuclear war, no fiat, no cryptocurrency, It will be all about gold.
hero member
Activity: 2702
Merit: 716
Nothing lasts forever
May 20, 2017, 01:16:39 AM
#1
As we know that the gold in this world from the long time so about every people in the world are using the gold but If​ I will take Bitcoin in the consideration that what will happen after hundred years with bitcoin if everyone will use it
 will it will be possible that the condition of the Bitcoin  will  become like the gold which is stable and not much profitable .
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