Will bitcoin replace gold?

[antuankek]

It can't replace gold just because bitcoin doesn't exist in real life.

[Phily40]

Bitcoin will never replace gold, gold is valuable as well as bitcoin and they work differently.

[HTHP]

No way.. Gold is gold. You can touch gold but not BTC   

[Marry Finch]

To date, the Crypto currency has risen at least 20 times and will compete with gold.
I think that bitcoin will replace gold. This is just the beginning.
I think bitcoin is more attractive than gold, since the crypto-currency, "extracted" with the help of many computational computers, is more mobile than gold and easier to divide.

[Ethernel]

Bitcoin is already on it's way to replacing gold, look at the price! Beyond that Bitcoin is just an overall better store of value, long term, that can not be tampered with, unlike gold.

[DimaS1574]

I think it is not necessaty if analyse gold and bitcoin, gold for me is valueble metal and bitcoin is  electronic asset. can somebody explain why this question exist, maybe i dont  understand something?))

[teejayrichard2]

bitcoin will not replace gold as they are both different in their unique ways. bitcoin is an online currency and gold is a precious metal which has been there since the time of old. gold has is working principles and so does bitcoin..bitcoin will not replace gold

[earl07]

Bitcoin is already on it's way to replacing gold, look at the price! Beyond that Bitcoin is just an overall better store of value, long term, that can not be tampered with, unlike gold.

Stop compairing the two by their price,maybe bitcoin surpassed golds price,but think of mere fact that both of them have a different asset and a different purposes.Bitcoin is a digital currency while gold is a thing that been used several years ago.Bitcoin have a unique nature so do gold also have.Besides there are still countries that dont accept bitcoin as a currency and countries that not yet acquainted to the new developed digital currency.Maybe in the eye of those people within the crypto world and modern civilization,but as a majority in the real world it cant replace gold.

[Bounty-Manager]

Back again at Aged occasions Gold was the very first forex which is often used as a mode of payment. I believe which was the easiest way of cash moving just other than the only real reality that there are likelihood of much less security and all the other defects. And in our generation, we have Bitcoin it in lots of times much better than every other been around forex or asset. Despite the fact that Bitcoin is not suitable for gold, but nonetheless it cannot replace gold as simply because precious metal is also the most reliable investment for individuals and as we know people are the only thing making program like Bitcoin.

[sam20108]

Gold can be seen physically unlike cryptocurrency, so digital tokens can never replace gold at all.

Its not possible to see it happening.

[cposeidon]

No it will never replace gold because if the bitcoin went down, gold is still there because it will never disappear and will sustain its price in the market.

[darkangel]

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 do not think bitcoin will replace gold. Bitcoin is good for trading rather than gold. But gold is not only a measure of commodity value but also precious metals, jewelry for people. These features are not bitcoin.

[jokowi]

Gold and bitcoin have similarities and differences. They are both valuable and can be used in transactions. The value of gold is not only reflected in the transaction, it is precious metal used to make jewelry. bitcoin is a virtual currency it's only worth the exchange. So bitcoin can not replace gold and opposite

[rext]

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.

Gold has a history of several thousand years. It is difficult for bitcoin to replace gold because gold has many points that bitcoins do not have. In some countries, gold is very popular, it has made a lot of expensive jewelry

[AfterTheFork]

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.

Nah, it will replace FIAT, but not gold,  I think btc is similar to gold but instead of paper money it back up altcoins.

[Luthfiyaaa]

in terms of investment maybe some people will consider bitcoin to replace gold, because now bitcoin is a promising investment.
but in the real world, bitcoin still can't replace gold. many people are more confident in gold than bitcoins for real-world investments, which they believe that gold prices will also continue to rise. not only for investment, but also for jewelry.

[Bitcoin_Delivery]

not replace because the bitcoin and gold are equally different. we are in the presence of real and virtual investments that are the same have the great potential for the future. choosing the same bitcoin and gold should have many considerations. bitcoin and gold can not be equated

[bigblackdeck45]

No i dont think bitcoin can replace gold. Gold has been used for trading eversince and that makes it hard to be reolaced. Some people just love something that they can hold physical rather than bitcoin which is only virtually. Maybe bitcoin can replace fiat but gold, I dont think that would happen.

[Epimetheus]

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.

Even though bitcoin has come a long way and has defeated gold in the terms of price but still I don’t think that bitcoin will be able to replace gold because firstly, gold has a physical entity whereas bitcoin is just a digital form of currency. Secondly, gold is way more popular than bitcoin and has way more users as compared to bitcoin. Then gold is a stable form of currency whereas bitcoin is not a stable form of currency.

[Lannie25]

There is a high chance or possibility that it may happen since the company and management of bitcoin slowly dominating in this world and become the most competent company in this industry.
Bitcoin receives lots of certifications and achievements which recognizes their excellence , effective management,  strategic planning and passion on what they are doing.