Is it digital gold?

[bagsladderg]

I don't support its comparison with gold. The value of gold is much inferior to it so why should we then compare?

[Flomo]

can be said so, because bitcoin is a lucrative investment asset compared to the function of bitcoin as fiat.

[Eleven86]

Yes bitcoin should be considered as a digital gold.  The value of bitcoin is more than compare to gold. Bitcoin is a good investment than gold because the value is very high in future than gold. Bitcoin can be used as transaction through internet. At the same time we can transfer the bitcoin from one account to other anywhere in the world.  It is not possible in the gold. If you invest in bitcoin and hold the bitcoin for long term surely it will double the profit.

[cherryfer]

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.

I agree  that bitcoin is like a digital gold because of the brilliant Price value, not only for color matching compared but also the value for every 1 bitcoin and the value of Gold it makes  really similar. these both subject are classified as high selective than the other types of wealth.

[tinystone26]

I agree with that bitcoin is a digital gold but in any aspects gold and bitcoin is different. For me bitcoin is more productive in people I mean many investors invest their money to bitcoin even they have a small or big amount of investments it is still a investor. Unlike to gold only those can afford to invest to gold can only join to it. I don't want to compare their both advantage and disadvantage but I really like bitcoin to invest than gold.

[mimienamphine]

Yes, this is very true because it has all the features of gold. This digital currency can be mined like gold using either sophisticated or simple machines which help to determine the returns depending on the power of the mining device.

[bakekang008]

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.

Bitcoin cant replace gold. But bitcoin can reach the level of gold. Because gold is so very expensive and rich people can own only the gold, unlike bitcoin Everybody can hold it, and bitcoin is big help to each and everyone.

[GoodLuck2]

Well you know gold is more or less stable and ever increasing and still we aren't able to find something that is as pleasing as gold , something that could replace gold entirely.
The thing Is Bitcoins is replaceable there are many market alternatives for Bitcoins and thus I don't think it's equivalent to gold .
It is equivalent to gold in many respects but it is still different.

I think yeah. But there is a difference between gold and digital gold. Talking about Bitcoin as a digital gold, we actually give it a high standard that has been only given to gold sine ages. Gold has been considered as the standard against which all other assets have been valued. Bitcoin has the same status in the crypto world and is one of its kinds. Furthermore, it is the first and the only coin so widely accepted and traded.

[Pelevelyl]

If you compare bitcoin and gold, gold has much less volatility relative to the dollar, so gold is less risky asset than bitcoin.

[bajingluncat]

it may be true there are many similarities between gold and btc in terms of usability as a limited investment tool and have valuable value but nevertheless in its form still gold and btc are two different things, in my opinion because there is a real physical gold at least it reduces the risk in investing different with btc that is not physical but if you see the benefits I think btc more promising for now

[kingragnar]

 agree it's a digital gold. You can compare them to what I think because of their price as if they were equivalent. It will only be a fiat money when you are exchanged. Bitcoin and gold is a decentralized you can sell it to different people and can not be controlled by anyone.

[Keyboard PC]

yes I really agree with your statement completely true, bitcoin like gold but in digital form but if you talk about gold and bitcoin of course both have difference from total supply owned bitcoin can be counted whereas total gold supply can not be counted because gold is stored in earth still very many while bitcoin is very limited.

[Sithara007]

I don't want to compare Bitcoin with gold. Because both are having different purpose. Gold is a stable asset, which can be used to store wealth. On the other hand, Bitcoin is a very volatile asset, which can be used for investment.

[3la9l_kolbaCa]

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.

Definitely it's a digital gold ,we can imagine this gold and get this digital gold as a exchangeable currency

That is true, if we gonna talk about gold it means it is exchangeable in different ways and it is also in demand. Well, based on the study for now Digital is really gold because it is rare and the product exist in the latest generation while the momentum of it's existence is gradually functioning. That is the reason why their are many bitcoiner wanted to have these.

[zucknail]

I don't want to compare Bitcoin with gold. Because both are having different purpose. Gold is a stable asset, which can be used to store wealth. On the other hand, Bitcoin is a very volatile asset, which can be used for investment.

but it have same purpose invesment.bitcoin and gold have same similarity, people said that they have limited supply that influence price.much commodity expert said bitcoin could be added to commodity board exchange.

[Cinemo]

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.

I think maybe it is a digital gold cause we all.know that bitcoin is so expensive and valuable in our generation we should read more about bitcoin.so we will understand what bitcoin really is.someday bitcoin will be world currency.it should be ours too.so read more and think about

[jambul_kribo]

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.

I think maybe it is a digital gold cause we all.know that bitcoin is so expensive and valuable in our generation we should read more about bitcoin.so we will understand what bitcoin really is.someday bitcoin will be world currency.it should be ours too.so read more and think about

we can say like that,bitcoin and gold have several similarity.especially in supply that limited and its price.much people want added bitcoin to commodity board exchanger and consider as asset , not currency.

[Tory-Tory]

I think more than yes, no. Bitcoin has properties inherent in gold. It has a great potential for a funded system and the formation of a reserve of digital currencies. Its uniqueness and transparency distinguish it from existing assets. I believe that in the long term bitcoin will be of interest to banks for the formation of a reserve.

[mersal]

I don't support its comparison with gold. The value of gold is much inferior to it so why should we then compare?

When we compared bitcoin to gold is not a right thing because it is not as older than gold so bitcoin needs more time to prove the value of the bitcoin hope it will be works soon.

[Tan_avia)vl.]

Bitcoin can be considered gold, as its value is very valuable and the cost is high. You can also change bitcoins for gold, which means they equivalence.