Will Bitcoin replace Gold someday?

[LaZim]

These are different things and they are not interchangeable. Gold is used in various spheres of life. Bitcoin is only a digital code. Both gold and bitcoin have the right to exist as assets.

[Mexite]

I don't think Bitcoin will replace gold, don't forget that gold still has other uses, especially it's demand for jewelry and some other traditional uses.

[labonikhatun]

You are right bitcoin will never be able to replace gold bitcoin is more in demand than gold although the country's economy has plummeted due to the current corona virus it has had an impact on gold but not on bitcoin. The current epidemic has pushed up the price of bitcoin in that case bitcoin is more valuable than gold.

[Sentinel]

I even thought that bitcoin could replace gold at this point. Because indeed I myself really like bitcoin rather than gold. The difference is that gold is officially supported by the government. Meanwhile, this crypto is more independent.

[Methos]

In my Opinion, it will not replace the gold in any physical point right now but can be achieve with the value. The value of the gold will be in the same range but again will not replace the gold in the market.

[Quantum X]

Someday is a hypothetical word which we can say that any rumors is just normal but we have to understand that as long as it is hypothetical we can't hold on it right now. Besides gold value is stronger than bitcoin that is why if my comment will be base on its current value I can say that it is impossible for bitcoin to do that.

[sky20]

Gold has been in great demand since ancient times and is considered a resource. But it is currently being evaluated instead of Gold. Because it is now being used as an asset at the highest price. Being digital it has many advantages over saving it.

[Thymoty]

Bitcoin will not be able to replace the role of gold, which has been used for thousands of years to preserve wealth. However, bitcoin can go hand in hand with gold as an investment instrument in the market.

[smt_nirwana_01]

I do not think so. because the world is so big. and there are many countries. There are still so many places on the internet that digital cannot reach that you cannot imagine. gold never loses its place. bitcoin cannot replace gold. I think so.

[Lenipiw]

Bitcoin will certainly be able to replace gold in the next world. Nowadays people do not want to buy gold because the educated people who are present are interested in investing. These investors prefer Bitcoin but more. They do not want to buy gold. People prefer to buy bitcoin instead of gold. The current bitcoin is very valuable which can be many times more. So many people think that Bitcoin will replace gold in the next world. I also agree with them. Gold will be precious in the next world.

[alltalk]

I don't think so. In what way Bitcoin can replace gold? They are too different, Bitcoin is a digital asset, while gold is a physical asset. In my opinion, they cannot replace one another. Both are needed for the human economy, we don't need to replace one of them. It is not something to have bad impacts on human life. So, we don't need to lose one of them, just keep using Gold and have Bitcoin together.

[smt_nirwana_01]

I don't think so. In what way Bitcoin can replace gold? They are too different, Bitcoin is a digital asset, while gold is a physical asset. In my opinion, they cannot replace one another. Both are needed for the human economy, we don't need to replace one of them. It is not something to have bad impacts on human life. So, we don't need to lose one of them, just keep using Gold and have Bitcoin together.

I agree with you too bro. Both are currencies, but there are differences between them. therefore both will always exist in their separate worlds.

[Vx1]

I think Gold will still be chosen more by the wider community, and Bitcoin is only certain people who want to be active in it.  So it's unlikely Bitcoin will replace Gold!

[Prime]

Gold won't be replaced, it even becomes more popular to change Fiat. Actually Gold and Bitcoin have the same purposes, it is to replace fiat. But we don't know what will happen in the future, it can be reached or not. I think Gold and Bitcoin will survive together because they don't against one another.

[Gurujebs]

It's already replacing, more valuable and reaching highs faster than gold nowadays, it's better to buy BTC than Gold today and the possibilities of profit will be higher too

It will not replace gold buddy, they both built in different dimensions. When it comes to performance, you have to give it to bitcoin but gold is gold because its regulated and fully centralized. Watch how Bitcoin will behave if countries want to fully regulate it.