Will bitcoin replace gold?

[entebah]

It's just a matter of value / price, it can not be compared because Bitcoin and Gold are very different. Gold is a real item while BTC is digital money. The equation is that both can be used as assets and means to invest. Gold remains popular and Bitcoin may now beat him and everyone is interested in Bitcoin's rally rather than gold.

[kr105]

Bitcoin will take the place of fiat money, but gold and Bitcoin are completely different and I don't think people can easily give up under gold. Both gold and Bitcoin will be used and both will be in our lives.

[Icaxx]

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.

No i dont think so. Gold and bitcoin i know the same as investment. Each of them has different advantages and disadvantages.
So i will say they can not replaced each other but can complete each other

[jerrison]

the answer wil be yes. but if i have to be more elaborate, the rate at which bitcoin is growing is more faster than the growth of gold.  you can check the profiles

[steven.spearman]

You need to know, bitcoin has a limited supply. In contrast to the gold that can be produced by a person without limit. And that's what will make gold will be worthless.

[Prince786]

There is no aspect that make them similar. Gold is a kind of metal that can be found on earth, not a digital thing just like bitcoin.The bitcoin definitely stands a chance in the near future to capture the whole market cap of multi billion dollar industry.There's no need for us to compare these two great investments, be wise enough that you'll be getting good returns on these assets.

[DessyDee]

There is no way any of them can replace each other, because we need the both of them. They all have different roles to play in our daily lives, be it transactions or any other purpose.

[shendeaz]

Bitcoin does not replace gold, gold is not just money, gold is also of scientific value and can be used in many fields. Gold is a recognized currency in the world, and Bitcoin is not yet a global currency. Bitcoin can not replace gold.

[ardhigalau]

Could have been the case, bitcoin has a hidden power that has not been raised. When the time comes, everyone will regret having no bitcoin.

[tyronecoinbit]

There is no aspect that make them similar. Gold is a kind of metal that can be found on earth, not a digital thing just like bitcoin.The bitcoin definitely stands a chance in the near future to capture the whole market cap of multi billion dollar industry.There's no need for us to compare these two great investments, be wise enough that you'll be getting good returns on these assets.

Both are good in investment. You can really earn huge amount of profit in gold or bitcoin. But as of now, gold still remains one of the most traded daily in a well-established exchanges around the world. Gold has many other time-tested applications while bitcoin is strictly forms of currency. Lastly, gold can be easily converted into fiat without having an internet.

[Da2ja3]

Since when. Who would want to take one ounce of gold if offered Gold to 1 bitcoin.

[Btcvilla]

I think it will never happen. I agree if bitcoin in the digital world is the king. but not with his world, the real world of gold is part of the triumph of a winner and a king. gold is the world's jewelry. and so with bitcoin, bitcoin is the golden king in the world of digital technology.

[rayneh]

Change is inevitable so if bitcoin might or overcome gold,  the world is changing I feel it might happen anytime either on a high level or subtle.

Everything changes but gold has been a constant through human history, so I do not think bitcoin is going to replace gold completely since there is always going to be people that are going to prefer gold over bitcoin however there is the possibility that bitcoin overcomes gold in the future.

The bitcoins is getting now more ubiquity since now a days even a little kid thinks about the bitcoins and this is a direct result of the quickly developing cost of the bitcoins now a days women have more enthusiasm for the bitcoins instead of the gold since they realizes that the bitcoins is more significant than the gold and soon the time will come when the gold will be totally supplanted by the bitcoins.

[South Park]

There is no aspect that make them similar. Gold is a kind of metal that can be found on earth, not a digital thing just like bitcoin.The bitcoin definitely stands a chance in the near future to capture the whole market cap of multi billion dollar industry.There's no need for us to compare these two great investments, be wise enough that you'll be getting good returns on these assets.

There are many similarities and that is why they are often compared against each other the main aspect is that both of them are very scarce and that is what makes them one of the best forms of currency you cannot simply create more of it, people have been trying to create gold for a very long time and they have failed and it is impossible to counterfeit bitcoin as well.

[Doni Ariyanto]

I don't think so, although bitcoin prices are getting higher and very fluctuating, it's difficult for bitcoin to replace gold. So I will say bitcoin cant replace gold. But never say never in here.

[yulionoo]

bitcoin cant replace pure treasure.
gold have advantage that bitcoin dont have.
bitcoin cant live forever, but gold can survive until earth die. you know gold cant disappear from our house. and many people still use it

[gilabusuk1]

bitcoin cant replace pure treasure.
gold have advantage that bitcoin dont have.
bitcoin cant live forever, but gold can survive until earth die. you know gold cant disappear from our house. and many people still use it

indeed gold has advantages in terms of security because the direct form of goods while bitcoin in the form of digital-prone hacker attacks but seen from its function will be useful bitcoin

[JayT22]

no bitcoin cant replace gold for the world.bitcoin is to much instable for a lot of long term investors.
or when  ww3 breaks out, i think gold will help u more ;-)

[Decimation]

Gold: a rare metal found in a physical form.
Bitcoin: a crypto currency made and mostly used for illegal activities.

Hmm..

[jancukiyah]

I think the gold always interesting thing for some people, cause for now in my country some people don't know very well about bitcoin, so they're not use bitcoin. Gold and bitcoin are different things I think, cause we know the price of gold more stable than bitcoin. But for people who know about bitcoin, they'll choose bitcoin than gold.