Bitcoin VS. GOLD

[AGD]

Will the bitcoin replace the Gold? If there is A war coming everyone will run to the Bitcoin instead of the gold?

Cheers

Consider this scenario, there is a nuclear warfare and almost everything is destroyed something like fallout situation. Then decide which currency, BTC or gold, will still be surviving.
It's obvious, gold. BTC is nothing without digital technology, without internet it's nothing but few hashes. In a apocalyptic situation BTC is not a good option.

without internet  many business will collapse. 

In an 'apocalyptic situation' gold is worth almost nothing, but you'll be paying a fortune for a glass of water.

[Cryptokobi]

Will the bitcoin replace the Gold? If there is A war coming everyone will run to the Bitcoin instead of the gold?

Cheers

Consider this scenario, there is a nuclear warfare and almost everything is destroyed something like fallout situation. Then decide which currency, BTC or gold, will still be surviving.
It's obvious, gold. BTC is nothing without digital technology, without internet it's nothing but few hashes. In a apocalyptic situation BTC is not a good option.

without internet  many business will collapse. 

In an 'apocalyptic situation' gold is worth almost nothing, but you'll be paying a fortune for a glass of water.

Agree, but it doesn't have to be  'apocalyptic situation' , even something like Financial crises. Bitcoin will do the job I think better than gold

[Cryptokobi]

Will the bitcoin replace the Gold? If there is A war coming everyone will run to the Bitcoin instead of the gold?

Cheers

Hi, Are you looking for more information on Bitcoin? you can try bitcoin.org

If you're looking for more information on the underlying tech (blockchain); here's and article: https://hackernoon.com/wtf-is-the-blockchain-1da89ba19348

Thanks

[Cryptokobi]

Will the bitcoin replace the Gold? If there is A war coming everyone will run to the Bitcoin instead of the gold?

Cheers

Consider this scenario, there is a nuclear warfare and almost everything is destroyed something like fallout situation. Then decide which currency, BTC or gold, will still be surviving.
It's obvious, gold. BTC is nothing without digital technology, without internet it's nothing but few hashes. In a apocalyptic situation BTC is not a good option.

thanks

[orions.belt19]

LOL your title is funny anyway, no I don't think bitcoin will replace gold and no there is no war coming. Where did you read all these stuffs anyways? This is not the first time a fork happened so I think you need to do a lot more research about what is coming.

You are correct actually. War won't take place but still in a situation like war, it is hard to get food properly and at hat time it is nearly impossible to connect to internet and sell bitcoins or use them. So gold is always better then bitcoin at such situation and even peoples will try to collect gold as much as possible

It's going to create some chaos and wreak havoc among the bitcoin community just like a war would. Each has its own advantages and disadvantages such as the tangibility of gold and the volatility of bitcoin. You may say that gold is better in a time like a war because its possible for bitcoin to be inaccessible when the internet shuts down but then it is also possible for the value of gold to go down during such times. Without the internet, a lot of other things will be rendered useless not only bitcoin.

Surely, a lot more people trust in gold because it's a lot older and secure but it's a matter of picking your poison right. Each has its pros and cons. It's going to be a war of preferences.

[Smith871]

Actually you are misguiding yourself with gold and bitcoin ,they are different shapes of the same coin in the same way if war happened you will surprise to know that one can stole your gold but not bitcoin as they are saved on back up huge servers where it can not be demolished so in this scenario bit coin will never go else where.

[acpr23]

Will the bitcoin replace the Gold? If there is A war coming everyone will run to the Bitcoin instead of the gold?

Cheers

No gold is still essential to humanity. Gold has its own advantages same with bitcoin. But as per my observation bitcoin can unite people, gold is sometimes is the reason why there is conflict among people

[Hallmader]

Will the bitcoin replace the Gold? If there is A war coming everyone will run to the Bitcoin instead of the gold?

Cheers

Bitcoin cannot replace gold. It may for a while compete with gold as an investment or as an asset worth hodling over time. But it still cannot overtake what gold has accomplished. With bitcoin, you are still risking your investment because the crypto market is very volatile. Gold is very stable in comparison to cryptocurrencies investment.

[Ris88]

Will the bitcoin replace the Gold? If there is A war coming everyone will run to the Bitcoin instead of the gold?

Cheers

Bitcoin cannot replace gold. It may for a while compete with gold as an investment or as an asset worth hodling over time. But it still cannot overtake what gold has accomplished. With bitcoin, you are still risking your investment because the crypto market is very volatile. Gold is very stable in comparison to cryptocurrencies investment.

Surely many differences from the point of view both have good quality for long jangaka investment, so it all depends on those who have it ..

[jc89]

Will the bitcoin replace the Gold? If there is A war coming everyone will run to the Bitcoin instead of the gold?

Cheers

If there is a war coming I will definitely run with my bitcoins instead of gold. Simply because I don't have any gold to carry with me. And that will be the case with most people ao definitely people will run with their btc instead of gold. And for the nth time I'm gonna say this, bitcoin can never replace bitcoin. Not today and not in the future. Unless you can melt btc and turn it into jewelries and other stuff. They are different from each other but both are valuable and great assets.

[newlone]

Will the bitcoin replace the Gold? If there is A war coming everyone will run to the Bitcoin instead of the gold?

Cheers

You  see the immediate value, there are many investors involved in bitcoin and they have to sell losses. Investing in bitcoin will make you more profitable, which is a false thought. It is more risky than profit.

[Cranidos]

Will the bitcoin replace the Gold? If there is A war coming everyone will run to the Bitcoin instead of the gold?

Cheers

You cannot use bitcoin without your device, electricity and internet connection. If power interuption in happened in your area for just few minutes or you battery run out, your bitcoin transaction cannot proceed. But gold is different, if you run out of cash and you have a 24k bracelet on your wrist, you can always trade it, I think as of now, no one will deny trading of bitcoin in an emergency situation.

[CryptoScorpio]

First of all gold is legalized everywhere and you can't buy things with gold.It is just like an asset where you trade it with fiat currency.Bitcoin is a digital currency which can implement the features of fiat currency for payments and all to buy things etc.

[wellsontheja]

Will the bitcoin replace the Gold? If there is A war coming everyone will run to the Bitcoin instead of the gold?

Cheers

Bitcoin will never replace gold or other currency, well gold is had physical form while bitcoin is not aside that gold is legalized in anywhere and gold is still had more trust than bitcoin.
Well the two is limited and can exhausted one day but the different is bitcoin can die even before the bitcoin depleted maybe it's because bitcoin lost trust or because we can't acces the server because there's no internet again but gold isn't.

[gesdan]

no, bitcoin is digital asset and gold is physical asset its mean that its different, if you want to save you asset to physic things ( saver than digital asset) you need to choose gold, but if you love to join digital asset with invisible transaction you can choose bitcoin, bitcoin price is going up and down many times

[Ludmilla_rose1995]

some of the advantages that make Bitcoin better than Gold, especially for the millennium generation who understand digital currencies better than baby-boomers. Bitcoin is an easy medium to make payments around the world. And the number is limited, that there will be only 21 million Bitcoin alone. But on the other hand, gold has its own advantages as well that can be used as a direct gift, such as jewellery. Therefore the policy of choosing to invest in Bitcoin or Gold is in your own hands.

[spadormie]

Will the bitcoin replace the Gold? If there is A war coming everyone will run to the Bitcoin instead of the gold?

Cheers

You should keep in mind that bitcoin is SO DIFFERENT than GOLD. Gold is a physical thing that you can give and exchange for a big amount. The real question in your opening post is that, bitcoin can defeat gold based on its price. Well it beaten gold last months ago. And I wouldn't wonder if it beats the gold so much more in the future.

[Cryptokobi]

Will the bitcoin replace the Gold? If there is A war coming everyone will run to the Bitcoin instead of the gold?

Cheers

You should keep in mind that bitcoin is SO DIFFERENT than GOLD. Gold is a physical thing that you can give and exchange for a big amount. The real question in your opening post is that, bitcoin can defeat gold based on its price. Well it beaten gold last months ago. And I wouldn't wonder if it beats the gold so much more in the future.

Thanks!

[Nisharawal]

It all depends on one's needs or necessity. There might be some common things between gold and bitcoin, but they are not exactly the same. Gold is asset which can be physically touch with our hands similar to the cash or coin. they can be melted and used in making jewels and many other things. whereas bitcoins are digital currency which are stored in blockchain, under some big address. The bitcoin transaction doesn't involve any banks or corporate agent. Gold and bitcoin both are having same kind of demand, and usage in their respective areas. Bitcoin cant replace the gold for now as i don't see any kind of war coming in for now, and that's why i give importance to both.

[sweetbet]

In times of war, will people have money to invest in Bitcoin? I imagine that BTC will crash as people withdraw their money to buy food, supplies, etc.