Topic: Will bitcoin replace gold? - page 47. (Read 15681 times)
Gold has its roots among millenniums and it is not that simple to cut it off as it has also so many other usages.
Bitcoin will not replace gold as a store of value. Gold is accepted all over the globe and there's not one single person that does not recognize the value of gold. Gold is physical and the wealth of a country is expressed by the amount of gold it has in the bank. It's the symbol of wealth.
Bitcoin however, could take over the position of gold as an international currency. But that will take some time.
Bitcoin however, could take over the position of gold as an international currency. But that will take some time.
Will not. Gold will still exist as an investment. In addition there are many golden fans, because it can be used as an accessory and investment in order to show the existence of self. Gold also has a limited amount like bitcoin, so the price trend also tends to rise even though not as fast as bitcoin.
It is unlikely that this will happen to gold its position bitcoin will not surrender and many people trust gold more than btc
Think about what you're saying: gold is physical, btc is not.
Never ! both usages purpose are different.
Gold no a currency, but you can us bitcoin as a currency. Still now gold has a great value in the worlds but bitcoin not.
Gold no a currency, but you can us bitcoin as a currency. Still now gold has a great value in the worlds but bitcoin not.
Gold and bitcoin have many similarities, including: the limited amount to get it should be mined, the only difference being its form, gold is real, virtual bitcoin. Both have their own functions and advantages. Nothing replaces each other, everyone has an interest in gold or bitcoin. Both will still exist, and it would be more profitable to use both as investment.
The price can be replaced. But gold is mostly used as an ornament. Therefore it is difficult to compare them. Many call Bitcoin digital gold. I agree with this expression.
Yes i think bitcoin is replace a gold because of the high price value of bitcoin how much more if the bitcoin will be popular in the whole world bitcoin will be good investing in people so that i can say bitcoin will replace gold.
The price can be replaced. But gold is mostly used as an ornament. Therefore it is difficult to compare them. Many call Bitcoin digital gold. I agree with this expression.
No, those are too different things. Normally the crypto is an digital thing and gold is a physical thing.
So you can't compare those too. However, if you consider only the value then yes, the BTC will replace the gold for sure.
Well, positively it replaces gold towards bitcoin in price value category but this can not be compared because the are different to each other gold is measurable in terms of physical in the end gold is precious. While bitcoin is preciously in terms of digital currency. In all aspect of earning both are tremendously good.
No, those are too different things. Normally the crypto is an digital thing and gold is a physical thing.
So you can't compare those too. However, if you consider only the value then yes, the BTC will replace the gold for sure.
If you think BTCitcoin will replace gold:
Go to your partner and tell that you want to swap your gold wedding rings for a BTCitcoin version.
(Post what happens).
Go to your partner and tell that you want to swap your gold wedding rings for a BTCitcoin version.
(Post what happens).
no matter how expensive bitcoin is, gold will still exist
everybody like gold, you can make ring, bracelet, necklace etc with gold and use as jewerly + asset
everybody like gold, you can make ring, bracelet, necklace etc with gold and use as jewerly + asset
When it comes to the better currency type, it goes to Bitcoin since it’s used for transactions. Gold on the other hand still has its own value.
I think gold will be replaced by anything, because gold can not only be a savings or invest with gold, but also can be used as jewelry, and everyone knows that.
digital tokens or bitcoin will never and can never replace gold as your financial hedge.
I like the bitcoin as compared to the gold the gold is replaced by bitcoin as soon as possible. Some time one currency moves and the demand and supply affect the whole market. Bitcoin is good for the profits and due to this i have invested in this currency but from then to now the prices not goes up and still down fall from the start of this year bitcoin is better than gold because the modern people work for bitcoin.
It is impossible for bitcoin to replace gold and vice versa. I think it is naive to think that it would even happen. If you're only basis for bitcoin to replace gold is its value or price then you clearly have the wrong idea here. Both bitcoin and gold has their own perks which the other does not have and if you understand this then that alone is more than enough to justify that one will not replace the other.
You are amazing, I agree with your opinion. That will never happen all over the world.
I don't think so
Bitcoin is bitcoin, gold is gold. There is no way bitcoin to replace gold nor the other way. They are likely unlike. They differ in so many aspects and purpose. Both are gained through mining but in different way. Gold is is a beautiful precious element that can be made into jewelry but bitcoin cannot be as such.
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