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Question: Do you think Bitcoin is a store of value, or a payment system?
Store of value
Payment system
Neither
Both
It depends

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Author Topic: Is Bitcoin digital gold or digital cash?  (Read 11980 times)
musliyevich
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December 15, 2017, 08:48:11 AM
 #321

it’s digital currency like real cash money but can see it only using laptop,phone,...........

it’s value like gold only 

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Bitcoin addresses contain a checksum, so it is very unlikely that mistyping an address will cause you to lose money.
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Afnan_faizah
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December 15, 2017, 08:51:50 AM
 #322

Bitcoin is digital gold, everything of bitcoin is closely the same as gold, its limited like gold but bitcoin is faster in term of transaction time. Cash value is not growing thats why bitcoin is not digital cash.

Sepertinya sudah waktunya, kalau menurut saya lebih baik lump sum sekarang. 30/01/2024.
appiivenkii
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December 15, 2017, 09:12:50 AM
 #323

Bitcoin is virtual gold and cash/currency /investment..easy to carry send & receive
kuyaJ
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December 15, 2017, 10:43:49 AM
 #324

Bitcoin is a coin in the internet or we can say that it is our owned. Bitcoin is the asset that can you keep either sell.

Digital cash and Digital gold is almost the same.

Digital cash was a cash like a fiat that can you use as payment and also bitcoin can do it.
Digital gold is a gold that can you keep and the price was expensive in the longer of time but bitcoin was not because bitcoin is not stable but it is the same as gold because of number supply.

They are the same, gold and cash was use as payment. gold was use as payment before and cash was the present use for payment.
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December 15, 2017, 11:05:06 AM
 #325

Bitcoin is both Digital gold and cash because it can be used for normal transactions and it can be used as a store of value

Litzki1990
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December 15, 2017, 11:16:46 AM
 #326

Bitcoin isn't a digital gold it's a digital currency.But i think Bitcoin is more than gold its a valuable currency in the world.

Bitcoin its a digital currency not digital gold, Bitcoin have a high value that use for exchange for money.
I you have bitcoin even if 1btc only it is a big money for me.

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asu
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December 15, 2017, 11:22:00 AM
 #327

For me bitcoin is digital cash. That you can pay through online and something that has to do with internet. Bitcoin can increase its value that hasnt get from any one.  Its a secure and online procedure . Its cant compare to gold. When the time comes bitcoin will be gold. And her value be increase rather than gold

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eiracube
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December 28, 2017, 05:50:37 PM
 #328

Digital gold, for sure. It's great to store the value, but awful as a mean of payment due to low speed and high fees.
hoodi
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December 29, 2017, 04:48:47 PM
 #329

It is payment instrument, not gold not cash Smiley And actually it is very good that bitcoin and other altcoins are unique as a separate type of payment.

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December 29, 2017, 04:55:28 PM
 #330

Bitcoin has many functions, can be used as a means of payment, can also be used for long-term investment.

Cryptokingind
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December 29, 2017, 05:07:20 PM
 #331

Bitcoin is valuable digital currency or equal to digital cash and its value increasing regularly so we can store/hold as a asset like gold.
BlackBeauty
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December 29, 2017, 05:31:30 PM
 #332

Bitcoin is valuable digital currency or equal to digital cash and its value increasing regularly so we can store/hold as a asset like gold.
Bitcoin is a digital cash because if you want to bitcoin payment it will get you in cash not in gold, so if you have bitcoin you can achieve anything and also you have much more gold, but if you invest in gold it will risky for you because gold price is not going to high fast as like bitcoin, so bitcoin is much better than everything.
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December 29, 2017, 10:22:48 PM
 #333

Its not a gold its just a Diamond Believe it or not i am really shocked when i see the last 1 year btc graph dramatically change . stop thinking and lets run for digital diamond Btc .
gandhe83
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December 29, 2017, 10:36:02 PM
 #334

To me, bitcoin is a payment system with many benefits that the old billing system has been overloaded and stagnant. Bitcoin with blockchain technology brings new wind to the payment systems. Sadly, most countries in the world still do not accept bitcoin and crypto because they fear and do not want to change their ingrained system.
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December 30, 2017, 12:13:44 AM
 #335

Its not a gold its just a Diamond Believe it or not i am really shocked when i see the last 1 year btc graph dramatically change . stop thinking and lets run for digital diamond Btc .
IMO, Bitcoin isn't that much potiental for newcomer to invest anymore. Til the moment that it dropped price from 19k5$ into 13k only in 3 days already improved that how bubble it is.
abutingting
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January 04, 2018, 04:58:55 AM
 #336

Bitcoin is indeed a digital currency that can consider a digital cash. Gold is gold physically but will never be as a digital gold.
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January 04, 2018, 05:20:42 AM
 #337

Bitcoin is valuable as gold now. I think bitcoin will continue to grow as both and payment method a store of value for communities. For me, it is a store of value and I prefer to hold BTC for future as digital gold.
Ray3z
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January 04, 2018, 05:30:32 AM
 #338

Bitcoin is the currency of the future is very open and dynamic, the transaction is very easy and fast

I think you try to say that bitcoin is used for currency or payment system, but most of people use bitcoin only for investment. It means it is more suitable to store of value.
hedgeconnect
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January 04, 2018, 06:30:11 AM
 #339

The question whether Bitcoin BTC ought to be digital cash or digital gold represents a false dichotomy: it can be both a secure and accessible form of money. By embracing modularity, the main Bitcoin blockchain can act as a maximally secure settlement layer, while second layer payment channels serve as pipelines for fast, high liquidity transactions.
beaver12
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January 04, 2018, 11:38:58 AM
 #340

Bitcoin is just a digital cash and not a digital gold. It could only be called digital gold if it is backed up with gold in real world. Even though it can buy gold, it only has subjective value.
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