Is it digital gold?

[maculeth]

Bitcoin is like digital gold ........ is it correct? It is a transferable asset but not duplicable ..... do you agree? What are the points in favor and those against this statement? I would like a very analytical and specific arisposal.

yes the same, what makes it different is price stability. bitcoin fluctuate, while gold is more stable even tends to rise every year.

[hataman]

Yes, I think this is digital gold. Many people also assume that this is digital gold. Can be seen from the nominal equivalent of gold.

[Angi]

you're right! but bitcoin is more than gold I think that btc will surpassed gold value because 1 btc now is 5x or more for 1 bar gold only so btc will be the next of gold or diamond but gold and diamond are menerals so definitely its like fiat and use for cash only.

[tprabash]

Yes BTC is digital gold please check the price like gold like BTC same process market will change in gold same like BTC

[STT]

Bitcoin is like digital gold ........ is it correct? It is a transferable asset but not duplicable ..... do you agree? What are the points in favor and those against this statement? I would like a very analytical and specific arisposal.

You want digital gold, I can give you a referal link to a system where they exchange to a vault and its all done online.  You have ownership of the gold then but its contained in just one place. 

Blockchains and gold are very different for this reason, blockchain is an exact copy confirmed a thousand times over the world.   One record cannot be compromised by itself.  Where as gold does rely on ownership or trust in one party somewhere.   In this case its the vault holders who have returned that trust for over a century.

But those two ideas, very different.   Digital gold is a oxymoron.   I think DGX tries to link one to the other and say you have ownership of gold or backing to your crypto via their system, but Bitcoin itself doesnt even attempt to bridge the two because they are polar oppisites.

Both have a use, not related.   BTC and GLD are inverse to USD I will agree that much, fairly straightforward.

[untidyaudi4]

Everytime its that a comparison is made between btcs and golds. So it can be easily said that its the gold of digital world

[FRJ]

I absolutely agree with Bitcoin's Digital Gold because the current world should be a digital world and the current digital world currency was digital but the only digital currency bitcoin in the history of the world, so we can freely say that Bitcoin must be a digital Gold does not compare with any kind of currency, but Bitcoin can convert Bitcoin to any country in the whole world, so people can accept coins, so I want to say that bitcoin is certainly a digital coin digital gold, we have no doubt about it,

[ipanks]

and if we have gold in our real life, we have another gold in online which is bitcoin. but both gold and bitcoin are not the same and bitcoin is still more expensive depends on gold and I think people right now thinking to buy bitcoin than gold because they know that bitcoin is a new technology that will always grow from time to time. they don't want to miss a good time to buy bitcoin especially now the price is down at deeply so they can buy a lot of bitcoin amount.

[eelectrick]

Yes, it's gold's best counterpart but in digital form. Bitcoin resembling gold's luxurious appeal
and stature is uncanny in the digital world. They are very expensive, proven to be potential
profit makers and very sought after. Even prices are competitively close, outweighing each
other on several occasions, depending on market conditions and trends. Stability unfortunately
for now, gold is supreme. But given enough time, I think bitcoin will overtake gold. Both are
extremely valuable and in demand today.

[percentelated4]

That depends on man to man if someone says it a gold then it is or platinum then same also ;p

[DaveWave]

Maybe it is or maybe not. But bitcoin is sometimes called a digital gold because of how its prices increased a lot in a few years span. Bitcoins are also mined so maybe it is a digital gold then.

[shamimal93]

You can say that bitcoin is digital gold. The price of bitcoin is impressive like gold. In future  bitcoin will be better than gold.

[s.mahmood]

Once upon a time when there was no Internet no online business then peoples invest their money into gold to make profit. But nowadays peoples invest their money into  crpto market and make a good profit. So you can say that bitcoins are digital gold.

[akram143]

You can say that bitcoin is digital gold. The price of bitcoin is impressive like gold. In future  bitcoin will be better than gold.

Yes bitcoin is top and better than gold in multiple time because it's value and development are higher and quicker when comparing to gold . So my opinion is also bitcoin also like a digital currency.

[Lutfor db]

It's a digital gold fix it. It is a currency that does not have to manage someone who maintains its own pace. So it has been compared to gold in gold color. This BTC is commonly used as a paper.

[marinomario]

the conclusion you made is true. bitcoin is like gold, from the price and quality sectors is well calculated. this is what makes the bitcoin price increase, where there is a purchase and sale request just like a gold. although I am less understood with gold, but the principle is the same. and this is a good thing to invest.

[MarkusIsaiah]

I totally agree with you cryptocurrency is like a digital gold. Both has their own advantages. Bitcoin is more potential to grow inthe future because to its price that increase very fast but it is more risky. Gold is also a good investment.

[fiorilia]

physically different, but if only as presuppositions as said  "bitcoin " is "digital gold" probably could be said to be so despite the fact if seen in the risk very much different. should not the gold price changes gradually, bitcoin is very dangerous because it can easily fly and dropped the price in a while or said to be volatile.

[ipanks]

I agree that bitcoin is digital gold that we own in the internet and not in our real life but we have a chance to sell that bitcoin for the money like what we did with gold. I agree with bitcoin is a transferable asset like gold, fiat or else and we can also use bitcoin too in every day to exchange into money so we can buy something for our daily needs. and everyday we live in a new technology and we cannot depends on traditional way forever and if the new era comes, then we need to follow with that era so we can stay living and make a better life. and with existing bitcoin in the internet and maybe in our life too, I think it will give another experience to use gold and bitcoin in the same time and our life which is in internet and real life will work together.

[junkievanillae]

Btcs are higher in price and are more volatile than gold or other physical assets. Yet its profittable to its user and can be called so