Will bitcoin replace gold?

[gribble]

I don't understand why people think that bitcoin will replace gold. But I don't think that will happen because in my opinion bitcoin and gold are very different in terms of value or physical appearance. so I think we don't need to compare gold with bitcoin because they are really much different and they run differently. because gold is an asset in real life and bitcoin is a digital currency asset. they have their own strengths and cannot be compared

[vegasus]

For Bitcoin, it looks like it will be difficult to replace Gold. Because Gold is a good investment tool too and many devotees even the entire world community will certainly want it with Gold. Unlike Bitcoin, there are those who reject Bitcoin, like banks and government and big companies. So that in my opinion bitcoin still cannot replace Gold in the investment place even though it is more profitable.

[jbc081475]

I do agree that these two should not be compare because Bitcoin and gold has different aspect in termsnof value and apperance.But these two have a similarity in terms of valuability in terms of price value.

[MOProgress]

Gold have its usage so is bitcoin, so none will replace each other, the only thing is that bitcoin is now the trend and Gold seems no longer on the trend.

[Ta.Form]

in my opinion Bitcoin and gold are certainly much different, gold has physical evidence while Bitcoin is only in the digital world and if the price of Bitcoin continues to soar then gold in my opinion will be replaced by Bitcoin

[Ludmilla_rose1995]

Gold is not a competitor of Bitcoin, but in my opinion, gold will not be replaced by bitcoin because gold and bitcoin are different investment assets. Although both have value, their structure and functions are very different in structure

[Raboni]

I think it cannot be because gold use more than bitcoin. I'm referring to gold potential and uses in the society. It helps to eliminate fake ICO and scammers. Bitcoin is more vulnerable to bad guys.

[elkafi]

Gold in general is no better. The value of gold is nothing more than a result of a global consensus - at the moment everyone agrees to consider gold a measure of value, simply because this measure is in some form or another necessary. If we assume a utopian situation, that tomorrow everyone agrees that gold is not such a measure, then it will be good only for the production of quality wires and trinkets.
The btc is gaining momentum for exactly the same reason - the global consensus towards the btc is constantly being strengthened. In this case, unlike gold, the cue-ball is not only a measure of value, but also a settlement system, and gold is not a competitor for this parameter.

I think Bitcoin will replace gold, It will take several years. Because bitcoin is still high volatile.

[Rembang]

in my opinion they have their respective roles, and that also includes bitcoin and gold, and they have their own use, because we all know that bitcoin has a very high price and a very good role in digital currencies, and gold as a reference in state finances.

[Bit]

Gold is irreplaceable, It will be always the most priority of every single one to invest. While bitcoin also has a good potential for an alternative of digital investment. I don't say gold is better, but gold seems safer and proven as an investment objective.

[Falcon]

No, bitcoin cannot replace gold due to love of the people to gold. We like gold because it is necessary in our live to create beautiful creation like necklaces, crown, dress, and whatever that gold can give higher value to the item.

[Chomzzy]

Bitcoin can never replace gold because Bitcoin is a virtual gold while gold is physical just like Fiat.
They are on different levels and solve different problems.

[Sabarhati]

bitcoin and gold are different things, bitcoin is not real form, and gold is a tangible thing, maybe only the popularity of bitcoin will expand, but it won't get rid of gold

[PreshB]

Is  impossible because gold is something that you can feel and torch, why bitcoin is a technology. They  are also made   for different  purpose.

[Hexsas]

Bitcoin and gold are two different things, and neither will replace each other. Bitcoin does have a high value but that does not mean it can replace gold, bitcoin is a cryptocurrency and might be able to replace fiat currency in the future.