Is bitcoin a Digital Gold?

[Delgboke]

After reading a lot articles 75% are saying that bitcoin is a Digital gold, but for me my aguirement is how bitcoin to solve the ristriction that bank and financial institutions presented that make people lose huge amount of money, how can this become a Digital Gold.

[Cutter Cute]

Some people compare Bitcoin with Gold, I don't think that because Bitcoin has no physical form and gold has it, both are very different, Bitcoin is an invention for online payment systems, because the supply of Bitcoin is limited and some people need Bitcoin.

[MOProgress]

After reading a lot articles 75% are saying that bitcoin is a Digital gold, but for me my aguirement is how bitcoin to solve the ristriction that bank and financial institutions presented that make people lose huge amount of money, how can this become a Digital Gold.

Well I have an argument here also, How can Bitcoin be called gold? I know yes that Bitcoin has a greater value just like Gold, but Gold is physical and you can touch it, while bitcoin is digital which we only see soft/digital currency that we cannot touch. I only see it as a currency but not gold or sometimes they say diamond.

[Leebarnes]

We are on the digital era that almost of the thing has it virtual value society become cashless everything will be control over the  end of the finger tips 

[pedangrusak]

they call digital gold possible because crypto is also obtained by mining by solving certain algorithms that generate crypto coin rewards and they also have unshakable value with monetary policies in a country such as gold and diamonds

[ZionRTZ]

It is probably just a representation. Bitcoin is like the backbone of cryptocurrency just as Gold is the "backbone" of fiat currencies.

[arnishad]

In my opinion is, the cryptocurrency is three years later, undoubtedly this field will become a world largest on-line business and this one will become a world largest and most fascinating investment methodology within the world. we all know the crypto features a nice future. it's plenty of new things and each day by day, folks are change of integrity this field. I hope, all the countries can approve the crypto and also the governments can place this field to the legal work class

[Kinal]

After reading a lot articles 75% are saying that bitcoin is a Digital gold, but for me my aguirement is how bitcoin to solve the ristriction that bank and financial institutions presented that make people lose huge amount of money, how can this become a Digital Gold.

Even it's will happen, not today or tomorrow, this took years.

[Jereh]

Yes Bitcoin is a digital gold.
It is a virtual decentralized currency. Just like gold can be mined, Bitcoin can also be mined.
And when you talk about return on investment .....gold and Bitcoin also has high return on investments.

[svsanya]

Bitcoin is a modern form of digital gold. It. ... until now, there is no official definition of what is cryptocurrency.Currently, bitcoin successfully performs the function of a means of accumulation, so it is often called digital gold.

[Rituvohra01]

Due to its value people compare bitcoin as digital gold .First of all gold is get by mining as well as bitcoin also get  by mining.Secondly  Both of them have good returning benefits .

[JaymondStark]

Bitcoin is not a gold, not yet I mean. It is going to become a gold when all the bitcoins mined, then it can be named as digital gold.

[cryptoperry]

It is somewhat similar as it has a high value and they can both be earned by mining.

[jimmydvd]

for me bitcoin is digital gold because it has the same process as gold by mining like gold, therefore bitcoin is digital gold because bitcoin itself can be mined through hardware on a computer called mining bitcoin with your computer device

[doc]

After reading a lot articles 75% are saying that bitcoin is a Digital gold, but for me my aguirement is how bitcoin to solve the ristriction that bank and financial institutions presented that make people lose huge amount of money, how can this become a Digital Gold.

Yes I think Bitcoin is a digital gold. It also digital currency. Bitcoin is more profitable than gold. It is my opinion.