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Author Topic: Will Bitcoin replace Gold someday?  (Read 30098 times)

Offline Egg_burger

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Re: Will Bitcoin replace Gold someday?
« Reply #270 on: May 03, 2022, 01:14:19 AM »
They will continue to exist side by side. Two totally different asset classes

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Re: Will Bitcoin replace Gold someday?
« Reply #270 on: May 03, 2022, 01:14:19 AM »

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Re: Will Bitcoin replace Gold someday?
« Reply #271 on: May 07, 2022, 06:58:12 PM »
I don't agree with this, But I think anything can happen at the world.
Maybe one day bitcoin will replace gold.
Gold is physical assets, bitcoin is digital asset.
It will happen at the digital era.
I agree, that btc will be able to replace gold digitally but it may be physically difficult to happen.
because we cannot avoid that the digital era in the future will occur and the possibility in physical form will soon be abandoned. but it may take a process and time is not possible instantaneously.
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Offline nakmantu99

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Re: Will Bitcoin replace Gold someday?
« Reply #272 on: May 08, 2022, 07:35:15 AM »
talking about the opportunity of bitcoin to replace gold at the coming future, I think It's difficult.
I don't agree with the opinion that said it will happen.
I think both are two different thing
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Re: Will Bitcoin replace Gold someday?
« Reply #273 on: May 10, 2022, 08:38:51 AM »
I don't agree with this, But I think anything can happen at the world.
Maybe one day bitcoin will replace gold.
Gold is physical assets, bitcoin is digital asset.
It will happen at the digital era.
I agree, that btc will be able to replace gold digitally but it may be physically difficult to happen.
because we cannot avoid that the digital era in the future will occur and the possibility in physical form will soon be abandoned. but it may take a process and time is not possible instantaneously.
Cryptocurrency will never replace gold. In the same way, cryptocurrency will not be able to displace fiat. This could still be possible if they lived in the world of spirits, without a corporeal shell. But we live in the material world. In order to use cryptocurrency everywhere, you need special equipment, software, energy and the Internet, theoretical and practical knowledge in this area. There will always be a lot of people who do not want to complicate their lives. Therefore, the cryptocurrency will take its place in the global financial system and will cooperate and interact with it.

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Offline Monkey Monster

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Re: Will Bitcoin replace Gold someday?
« Reply #274 on: May 14, 2022, 01:41:57 PM »
Bitcoin appears to have the potential to dethrone gold and oil as the  preeminent stores of value. According to a recent Goldman Sachs report, as digital assets become more widely adopted, Bitcoin may overtake gold's market share by 2022. Bitcoin may become that in the future, but it is currently too volatile to replace gold.


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Re: Will Bitcoin replace Gold someday?
« Reply #275 on: June 01, 2022, 10:03:51 AM »
In these times of turmoil, Gold is reaching new ATHs in price. But Bitcoin doesn't leave behind. With a limited supply of only 21 million coins, hardened security, and a focus on decentralization, Bitcoin is often viewed by many as the successor of Gold. One of Bitcoin's greatest benefits on top of Gold, is portability. You can virtually carry your Bitcoin with you safely when travelling, without anyone noticing. That's not the case with Gold, as you'd need to carry physical bullion with you. Other than portability, Gold and Bitcoin are very much alike.

Do you think that Bitcoin will be able to replace Gold someday? As we shift into the "intangible" world, people will "ditch" physical stuff in exchange for digital items. Bitcoin can become the new digital Gold which serves as a safe-haven asset (store of value) in times of need. Thoughts?  ::)

Gold is classic  asset and has been known well by almost people at the world..
Both are different thing Gold is physical asset and crypto is digital asset.I don't think bitcoin will replace gold.

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Re: Will Bitcoin replace Gold someday?
« Reply #276 on: June 09, 2022, 03:59:02 PM »
I don't agree with this, But I think anything can happen at the world.
Maybe one day bitcoin will replace gold.
Gold is physical assets, bitcoin is digital asset.
It will happen at the digital era.
I agree, that btc will be able to replace gold digitally but it may be physically difficult to happen.
because we cannot avoid that the digital era in the future will occur and the possibility in physical form will soon be abandoned. but it may take a process and time is not possible instantaneously.
Bitcoin, like any other cryptocurrency, cannot replace gold. It is excluded in principle. The digital age cannot replace our existence in this material world. Therefore, digital money will become another type of money, and not dominant in the global financial sector. Even if such a possibility existed, the states would not allow it.

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Altcoins Talks - Cryptocurrency Forum

Re: Will Bitcoin replace Gold someday?
« Reply #276 on: June 09, 2022, 03:59:02 PM »


 

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