bummm
|
|
April 02, 2018, 05:42:18 PM |
|
Bitcoin is digital cash, but his potential is very above then the gold, soo some people does use bitcoin to store value against their fiat currency, as well used for saving purposes as well investment at the same time. For me bitcoin is the digital gold, with amazing potencial to grow.
yes, it is far from gold although gold has physical form but bitcoin with the expensive price will be digital gold in the future. maybe bitcoin is a gold in the online life and so far, many people still want to buy bitcoin especially with the price now is down too deep. like gold, bitcoin can use for any purpose but the difference is people still know gold than bitcoin and they still believe to save gold than bitcoin. How can gold be digital? OK, I can even admit that cash can be digital. However, I suppose that cryptocurrency is something very different - it cannot be compared with gold or usual money. It gives more benefits.
|
|
|
|
repan
Copper Member
Jr. Member
Offline
Activity: 50
Merit: 1
|
|
April 02, 2018, 05:45:53 PM |
|
more like digital gold, it never will be used as cash as it keeps being so volatile, besides people dont want to spend their btc because they think it will constantly go up in value. This was propagated by the community with stories like the one with the guy who paid 200000 btc for a pizza, these are hurting the markets right now, and the chance of it ever being used as money
|
|
|
|
amwer
Member
Offline
Activity: 280
Merit: 10
|
|
April 19, 2018, 09:39:26 AM |
|
we can buy, sell, invest and trade bitcoins so it is a digital money while we can also keep it for long-term as an asset like gold so it is a digital gold as well.
|
|
|
|
solize
Newbie
Offline
Activity: 55
Merit: 0
|
|
April 19, 2018, 09:50:48 AM |
|
I'm really proud to be a part of this discussion, I think bitcoin can be both, it depends on which name would you use for it, for me, it is digital gold. yesterday I came to know that the rate of bitcoin is greater than gold, I would love to call it as a digital gold.
|
|
|
|
neerajmittaljii
Newbie
Offline
Activity: 56
Merit: 0
|
|
April 19, 2018, 09:56:30 AM |
|
Bitcoin is the currency of the future is very open and dynamic, the transaction is very easy and fast.but Moreover what i am seeing concern about bitcoin is a future currency that is coming up to dominate others.So it is a future currency as we are seeing every thing clear.I don't think that there any currency in comparison with bitcoin now.
|
|
|
|
BitcoinGuruOne
Member
Offline
Activity: 364
Merit: 13
|
|
April 19, 2018, 09:56:56 AM |
|
I think in general is tought as store of value which can be easily obtained and could bring immense profits. Altough the transactions speeds and costs per transactions have improved dramatically, i believe that most people think of it as digitial gold and look for transaction crypto else where.
|
|
|
|
wasaisisisi
Newbie
Offline
Activity: 134
Merit: 0
|
|
April 19, 2018, 09:58:05 AM |
|
Digital systems owned by bitcoin have many advantages over others. Currently bitcoin is one of the pioneers of digital currency. Bitcoin is a system that makes the cash into a digital technology.
|
|
|
|
rye18
Newbie
Offline
Activity: 126
Merit: 0
|
|
April 19, 2018, 10:07:40 AM |
|
Answers to this question are constantly posted on this forum and on Reddit by people who are not software engineers/developers, nor product managers. Either that or they are truly terrible at their jobs. Reddit in particular has really turned into a garbage dump, but that's something for another discussion. Anyway, in a business context you want to build software that meets your customer's expectations, so understanding how a user makes use of your software solution is really important for smooth communication and shared understanding between management, marketing and engineering. Normally you want to write out really detailed user stories/journeys, maybe even draw diagrams or create mock-ups that demonstrate the exact problem you're trying to solve and how your thing will solve it. Here's a teaser: Alice is at a farmer's market and wants to buy broccoli from a vendor. How does she pay? Here are just a few important details that we need to know first: - What country is Alice in, and what are the economic conditions? - How much money does she make every year/how well off is she? - How technologically sophisticated is she/how old is she? - What tastes and preferences does Alice have/what prejudices her in certain ways? We need a lot more information before we start talking about what BIP we can code up in a day. If you think about these questions only from your own perspective and experience, you're discounting the majority of people on this planet that want to use the same technology. Bitcoin's value depends mainly on how many people can safely use it, and if it's not in use by the largest number of people possible, it will not achieve it's full potential/value. The correct answer to the question in this poll is "it depends". Bitcoin is for humans, and humans have different needs. Most likely every redditor and bitcoin.org poster's favorite potential use case, "in-person payments at high volume merchants", will not be satisfied by Bitcoin directly. Use something else for that one narrow use case if Bitcoin isn't doing it for you, and support the engineers who are working to make Bitcoin more secure and stable, goddamnit yes we can call it both because its very expensive that really we can compare to gold.
|
|
|
|
phelbaby
Member
Offline
Activity: 434
Merit: 10
|
|
April 19, 2018, 10:25:28 AM |
|
Call it digital gold or digital cash all is which calling bitcoin because it is and asset and also a currency to be spend.
|
|
|
|
ubander
Newbie
Offline
Activity: 34
Merit: 0
|
|
April 19, 2018, 10:31:16 AM |
|
I think is bitcoin is digital gold.
|
|
|
|
Btcmarmipp2
Jr. Member
Offline
Activity: 154
Merit: 1
|
|
April 19, 2018, 10:32:08 AM |
|
For me, it is a digital cash because its value flactuate just like a currency of every country. The beauty of bitcoin is that it has a high value other than the paper money (dollar).
|
═══▦▦═══ 4ARTECHNOLOGIES ═══▦▦═══ ICO TOKEN SALE IS NOW OPEN TO INVESTORS (https://www.4art-technologies.com)
|
|
|
Fretcy
|
|
April 19, 2018, 10:50:46 AM |
|
Bitcoins and gold have similarities in the sense both are earned by mining but bitcoin does not have physical existence as bitcoin is a peer to peer or network to network transactions carried out all over the world through internet. Both bitcoins and gold are limited in number but the demand is very high making it the most expensive materials in the world. The price of bitcoins have crossed the price of gold. Bitcoin is highly volatile in nature and so no one will be able to predict the price changes of bitcoins in the crypto market. Bitcoins are the first digital cash which can be transferred to anywhere from any part of the world without a third party involvement like the banks.
|
|
|
|
yohananaomi
Sr. Member
Offline
Activity: 2394
Merit: 267
Vave.com - Crypto Casino
|
|
April 19, 2018, 10:57:02 AM |
|
For me, it is a digital cash because its value flactuate just like a currency of every country. The beauty of bitcoin is that it has a high value other than the paper money (dollar).
Obviously digital cash and the ease with which bitcoin is more obviously very profitable and very useful for everyday life, and the value obtained is much higher than paper money (not just dollars, maybe all currencies), so many are hunting and search for it.
|
|
|
|
David Van
Newbie
Offline
Activity: 133
Merit: 0
|
|
April 19, 2018, 11:03:15 AM |
|
Bitcoin can be considered as a digital form of gold but it is much more than that. The technology it utilizes is revolutionary and will change the way we make payments.
|
|
|
|
rtyudg
Newbie
Offline
Activity: 69
Merit: 0
|
|
April 19, 2018, 11:03:27 AM |
|
I think bitcoin is digital gold. Bitcoin and gold have the same function of value reserve. Bitcoin is easier to carry than gold, but if there is no internet, gold is safer and safer than bitcoin, and gold will not disappear. We can see and touch it
|
|
|
|
heureca
|
|
April 19, 2018, 11:12:56 AM |
|
Actually BTC is digital cash but it is also compared with gold. BTC was the 1st criptocurrency like it was gold a lot of years ago. So BTC could be named as digital Gold.
|
██ ██████ ██████████ ████ ████ █████████████ ██████████ ██████████ █████ █████████ ███████████████ ████████████████ █████ ████████████████ ████ ██████████ ██████████ █████ ██████████ █████████ █████████ █████ ██████ ██████ ████ █████ █████ ████ █████ █████ ████ █████ █████ ████ █████ █████ ████ █████ █████ ████ █████ █████ ████ █████ ███████ ██████ ████ █████ ███████████ █████████ █████████ █████ █████████████████ ████ █████████ ██████████ █████ █████████ ███████████████ ████████████████ █████████████ █████████ ██████████ ██████████ ████ ████ ████ | / | Distributed Credit Chain | // | ╲ | | ╱ |
|
|
|
BertoloyBTC
Newbie
Offline
Activity: 196
Merit: 0
|
|
April 19, 2018, 11:29:18 AM |
|
If you look at it bitcoin can be a digital gold for the purpose of investments in the digital world, while in the other hand bitcoin can also be considered as digital cash because bitcoin can also be use as mode of payment and exchange , this is how important bitcoin in thexdigital world.
|
|
|
|
anti76
|
|
April 21, 2018, 04:11:55 AM |
|
Great question! I still think that bitcoin is able to replace gold, because now bitcoin is used as a means of accumulating values, and not as a means of transferring funds!
|
|
|
|
harrymrypt1
Newbie
Offline
Activity: 3
Merit: 0
|
|
April 21, 2018, 04:21:36 AM |
|
digital cash he has a high price. those who equate it with gold - in a fraudulent way they try to attract investments.
|
|
|
|
UAE Seasider
Full Member
Offline
Activity: 700
Merit: 110
Helios Protocol https://discord.gg/cpzAEMB
|
|
April 21, 2018, 04:30:46 AM |
|
For me it is firmly in the camp of being digital cash and nothing more at this time. Gold is a physical asset and Bitcoin so far has always been a virtual digital asset with no current way to change that definition
|
★ HELIOS PROTOCOL ★ ✅[DAG]✅[BLOCKCHAIN]✅[PoS]✅[Masternodes] ✈✈✈[weekly Airdrop][join our discord to qualify]✈✈✈ ▬▬ Mainnet Launched | Parallel Blockchain ▬▬ ▐▐▐▐▐▐▐▐ Website | Github | Bitcointalk | Bounties |Discord | telegram▐▐▐▐▐▐▐▐
|
|
|
|