Would having a Debate like: Bitcoin vs Gold win more crypto investors - page 3.

adzino

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Quote from: Woodie on April 29, 2021, 02:09:12 PM

I saw some news article on kitco.com (video interview) titled "Frank Giustra challenges Michael Saylor to gold vs Bitcoin debate" and from the video interview kitco had with Frank Giustra who happens to be a gold guru called out Michael Saylor who happens to be a crypto to a gold vs Bitcoin debate.

Do you think such a debate would bring more investors into the crypto world?

No, it won't help us "win more crypto investors". Instead it will help us find out how stupid people are and divide the community even further more. Why do people keep on comparing bitcoin with gold? It's not the same thing. It's totally absurd to even compare them. Can you instantly sell your gold for buying something online? Can you instantly send someone living on the other end of the earth your gold? You can't. Again, can you hold bitcoin. Nope. Value of bitcoin and other crypto currencies depends on faith. If all people loses faith on bitcoin, the price will drop. Will people lose faith on gold? Something that is precious and has physical existence? Nope.

agustina2

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Quote from: Woodie on April 29, 2021, 02:09:12 PM

Do you think such a debate would bring more investors into the crypto world?

No. It's just an awareness for those who don't know bitcoin but for acceptance, it's the question. There are people that already aware what bitcoin is but still skeptical to embrace it.

To bring more investors to crypto world, a certain big or popular individuals or company must start promoting it or use it on their service. Not thru a debate as it will just result into more questions from people if they will use bitcoin or not.

skarais

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If the debate is the banking system vs bitcoin, it is still possible to see many people influenced and believe to choose bitcoin over the banking system according to my assumption. However, the debate between gold and bitcoin often makes bitcoin an investment asset with a higher risk than gold. Bitcoin was made the scapegoat because they never believed it. The debate between bitcoin vs gold will not have much effect on the two investment asset. But it is still possible that gold investor will secretly consider trying to make a profit in bitcoin as some media have reported.

Charles-Tim

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I do not know about the debate to bring or not to bring investors or more users to buy crypto, but I am sure that bitcoin marketcap will one day surpass gold marketcap. I am not comparing, it is just a reality to come true. Although, it can take years or decades.

BrewMaster

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no i don't think so.
i think usually people who watch these kinds of debates already have some money in one of these things or two. if they are in gold for example they won't accept the bitcoin part and vice versa.
others who don't have any bitcoin or gold won't watch this or even if they do they won't jump into either one these specially bitcoin since they would hear a lot of FUD about it.

Woodie

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I saw some news article on kitco.com (video interview) titled "Frank Giustra challenges Michael Saylor to gold vs Bitcoin debate" and from the video interview kitco had with Frank Giustra who happens to be a gold guru called out Michael Saylor who happens to be a crypto to a gold vs Bitcoin debate.

Do you think such a debate would bring more investors into the crypto world?

Topic: Would having a Debate like: Bitcoin vs Gold win more crypto investors - page 3. (Read 457 times)