Is bitcoin a Digital Gold?

[masterrex]

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 absolutely as we look of its value its more expensive than Gold so its equivalent or a digital gold as we thought of it. We must know that crypto-currency industry are still in its Infancy so it has room for more improvement and gaining of value.

[dentolas]

their aim is to turn bitcoin into digital gold, as fiat currencies are based on gold, crypto would be based on bitcoin as a store of value...
concerning the bank and approval problem you need to chill and stop looking at things on such a short timeframe... changing money reference on a global scale is not something to be done overnight... ok, on crypto things move fast, but we can't expect them to move that fast... dollar is the main global currency for many years, so there will obstacles, problems, regulations to defend it... but time and adoption will eventualy defeat the fiat

[Hisbullah]

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.

I think Bitcoin is better than gold, I agre If the people say bitcoin is digital gold. Bitcoin is also digital currency.

[Hope15]

I heard this also that bitcoin is a digital version of gold but i don't think that way, bitcoin is more expensive compare to gold maybe they compare it cause gold is expensive too but not too expensive like bitcoin.

[Zurcemozz]

Maybe yes and no, but for now i don't consider bitcoin as a gold, because of the price , and and bitcoin is much more have a higher cost than gold, but gold can be accessories unlike bitcoin 

[cryptofunn]

Traditionally, gold was a safe haven where capital fell to hedge the risks of capital loss. In the conditions when gold falls in price. Big money looking for new assets to hedge. But in the conditions of the last long fall of Bitcoin, it is hardly relevant now to perceive it as a haven for capital.

[trauchot]

On the one hand, of course, we can say that bitcoin is digital gold, because bitcoin is the most expensive virtual currency, but for many bitcoin it is new technologies and capabilities.

[capt ronald]

I think we can still consider Bitcoin as a digital gold because like gold the market value of Bitcoin is too expensive that we can compare aside from that both are very popular and wanted  have by so many people world wide.

[Mavalet]

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.

Gold has unsurpassed physical properties. Create an alternative to bitcoin today is not a problem. Moreover, this alternative would be technically to surpass the ancestor. Bitcoin is the first, but not unique. Therefore, I believe that you should not compare bitcoin with gold.

[Quart]

It could be like that. Bitcoin can be called digital gold. Because the function is almost the same as gold. both a good investment place and both can be relied on for future investments. Therefore Bitcoin can be referred to as digital coins or gold.

[I-Bit]

Bitcoin is digital money. Bitcoin is one of the best and most successful Cryptocurrency. If seen indeed Bitcoin is widely used for investment. it all functions the same as gold, almost the same, but what is clear is that it is very different from the shape and location of the mine. It's okay for the Bitcoin to be called Digital Gold, the most important thing is to be consistent in playing inside it.

[bittpress]

Gold and Bitcoin are two very different things, but regarding value Yes bitcoin can be called as Gold of cryptocurrency.

[Fenix]

Now you can just make sure that Bitcoin is not any digital gold. Gold is almost always stable in price and even has a tendency to increase due to the inflation of conventional currencies. Bitcoin is almost the exact opposite of gold, primarily because of its high price volatility. Those who have recently invested their money in Bitcoin, when it cost about $ 20,000, and now it has a price of just over $ 4,000, can confirm that Bitcoin is not a digital gold.

[Rivaldi Kunkun]

Bitcoin is like digital gold because the price of this coin is very high and attracts people to invest. Bitcoin is a very valuable asset and many people get rich by buying and selling Bitcoin. Bitcoin has a very good future.

[Uplifted]

Yes I believe Bitcoin is just like a digital Gold cause it is a good way of investment just like physical GOLD and it can also be mined. I believe no one will go in loss if they invest in Bitcoin or physical Gold. It's just a matter of patience