Is bitcoin a Digital Gold?

[PreshB]

Yes  bitcoin  is   use  as  a  digital  Gold  today,  it  is  a  de- risk  asset, we  have  about  120  different  exchanges   who  says  that  often  the  price  of  bitcoin  changes  from  platform  to  platform.

[Sudarmono]

it is true that many people consider bitcoin to be digital gold, and I also strongly believe that bitcoin is digital gold, and it is very good for investment.

[gribble]

Yes I think bitcoin is digital gold because it has the same process as gold by mining like gold, therefore bitcoin can be called digital gold because bitcoin itself can be mined through hardware on a computer called bitcoin mining. so bitcoin is more profitable than gold, that's in my opinion

[Beattysuhita]

like seeing price increases, of course bitcoin has many advantages over gold. Bitcoin prices are very easy to move up and down quickly. while the price of gold is relatively very stable, but it takes years to feel the benefits of investing in gold. so according to me who is impatient and wants a short-term investment, bitcoin is the answer.

[flyaccount]

The function of Bitcoin is indeed like digital gold, but in my opinion Bitcoin tends to function more like money than digital gold. Because indeed from the very beginning the goal of Bitcoin was as a good and potential digital currency. But I agree only if Bitcoin is referred to as digital gold.

[Rafiq]

Many people compare bitcoin to gold and calls it digital gold. But i think bitcoin is not digital gold. It is digital currency.Price of gold is stable but bitcoin price is not stable. Gold is a thing otherwise bitcoin is digit in computer.

[damsix]

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.

The only way is Fiat Coin by creating its own blockchain.
Suppose that Tether, trueUSD, bitUSD, Gemini Dollard and USD Coin, is the first step to continue supporting Bitcoin as the main originator of the Blockchain.

[adterna]

I think Bitcoin is more than gold, because the supply of Bitcoin is only 21 million and circulating in the market is only around 16 million, and the supply cannot be added, and the needs of the world community who want to have this coin are very high, this Bitcoin is automatically very valuable assets compared to gold.

[a_ps]

I think bitcoin cannot be equated with gold. Gold has a real form even though buying and selling can be in digital form. But bitcoin itself is only limited to virtual payment tools with high security. So to be digital gold I feel different meaning

[rapheal]

I think Bitcoin can be said to be digital gold the reason is because bitcoin has an expensive price for now.If we have bitcoin of course we have hope to see the price of bitcoin rise,so when the price goes up we will sell it and we get profit and that's where it can be said that BTC is like precious gold.The price of bitcoin is now down so this is the right time to invest.

[Domithra]

Digital gold is how most crypto experts describe Bitcoin due to the similarities between actual gold and Bitcoin. The most important one is that they are both influenced by the principle of "supply and demand" thus with the limited supply of gold and Bitcoin, any increase in their demand will cause an increase in their market value and price.

[Dodo]

Bitcoin can be said to be digital gold the reason is because bitcoin has expensive prices at the moment. If we have bitcoin, of course we hope to see the price of bitcoin rise, so when the price rises, we will sell it and we get profit and from there it can be said that BTC is like precious gold. Bitcoin prices are now down so this is the right time to invest.

[Altcoin1998$]

Bitcoin is a digital gold and high value than metal gold. When bitcoin will more stable then it would be compared with diamond.

[Dodo]

Gold has a real form even though buying and selling can be in digital form. But bitcoin itself is only limited to virtual payment instruments with high security. So to be digital gold I feel a different meaning.

[mlawson71]

Gold is gold both because of its rarity and its unique physical properties, the latter of which Bitcoin lacks for obvious reasons. I think comparing them is comparing apples and oranges.