Is Bitcoin a Digital Gold??

[budi691]

I don't agree that BItcoin is a digital gold. At least, Bitcoin is only a digital currency. Everybody all see that gold is very valuable, but most of people don't know what Bitcoin is. Thus, Bitcoin is not popular all around the world. That making Bitcoin become a digital gold will lead the currencies take risks. Noone can guarantee that BItcoin will exist for a long term.

good opinion, every individual deserves a special view for bitcoin. if we are different from the questions that exist, it proves the difference in views of bitcoin from anyone. that's a good thing for bitcoin. the market will also be very good!

[Banulit]

I do not believe in a digital gold I believe in a digital currency the Bitcoin with a high value like a real gold.

[Gagah119]

I agree with that expression, that bitcoin is digital gold, because I believe that bitcoin will be accepted anywhere in the world like gold in real life.

[Cloak1]

Bitcoin is a digital currency that is better than cash or gold. Like cash and gold, it’s value is based on demand, but both cash and gold are supposedly backed by something tangible. Bitcoin has nothing tangible backing it, but because of its decentralized, secure and fair functionalities, it will continue to increase in demand.

[pentol86]

wow good discussion Dear ..
could become a new knowledge.
if I personally, still in the learning stage in bitcoin trading.
whether bitcoin is worth the gold in the real world or not.
with this discourse I want to know more about bitcoin as a very prospective asset in the future.
cool!

[Asusnumbaone]

After reading a lot of posts made by people on this forum, I realized about 75% of them see Bitcoin as a digital Gold. For me, I don't think Bitcoin is a digital gold. Cryptocurrency or Bitcoin to be precise, was developed to be a safer option for transaction of goods and services and also the best mode of payment. Bitcoin was introduced to disable all the restrictions that banks and the financial system presented. A lot of people have lost huge sums of money because they saw bitcoin as a digital gold. I know others will argue that bitcoin has also made people rich but for me, I don't think it is advisable to consider Bitcoin as a digital gold. Bitcoin is a digital currency.

I think bitcoin can be same as gold because of high values. Like Gold bitcoin can be found by mining and because of uniqueness of it the price is high like gold that the price is depending on the uniqueness

[Tanmoy98]

For instance, while some Bitcoin holders might jump at the chance to use Bitcoin to buy gold, others will continue to hold onto their digital assets. ... Overall, both gold and Bitcoin are valuable assets. However, gold has been a safe-haven asset for centuries. Bitcoin remains volatile and is indeed a risky investment.

[anitaraymonds]

It is just as majority of  people taking bitcoin to be investment and  ow other people are also taking it as gold. Bitcoin is never gold but a digital money that is run blockchain which is decentralized.This is what bitcoin is all about. There no way in the white paper of bitcoin that it is written that bitcoin will be an investment rather it was proposed to be P2P transaction without a third party interference. Bitcoin empowers the poor as they will have access to fund whenever they need it.                                                                                                                                                                                                      

[Sayma83]

yes i think its digital gold and already its call an asset too.
bitcoin is something that change the world totally.
and definately its best.

Nice answer.I think it's awesome & important. bitcoin some people for a very important. it's poor people life charge,I think bitcoin is a digital online currency. it's not catch and touch but is online income system. so bitcoin is digital gold.

[maichimoto]

Considering that there are no other qualities bitcoin possesses to attract people to use it, I will believe you because gold has always been so attractive to people in many ways. Gold had many uses and from electronics to just being physical ornaments and many other things. It is the utility that gives something we see as useless becone very useful. Without it, it will certainly fail. So bitcoin will never become the digital gold if it is not very useful or if it has only a limited use because the demands will eventually stop.

bitcoin possesses more than enough qualities to attract users and large community. I honestly feel sorry for you if you can't see it. In that case I am not sure what you're doing here

[vionas]

The amount of bitcoin is limited and the popularity of bitcoin makes bitcoin more valuable, with the more valuable bitcoin, bitcoin can be called digital gold which is very desired by all crypto citizens.

[polyballz]

After reading a lot of posts made by people on this forum, I realized about 75% of them see Bitcoin as a digital Gold. For me, I don't think Bitcoin is a digital gold. Cryptocurrency or Bitcoin to be precise, was developed to be a safer option for transaction of goods and services and also the best mode of payment. Bitcoin was introduced to disable all the restrictions that banks and the financial system presented. A lot of people have lost huge sums of money because they saw bitcoin as a digital gold. I know others will argue that bitcoin has also made people rich but for me, I don't think it is advisable to consider Bitcoin as a digital gold. Bitcoin is a digital currency.

You are right Bitcoin is a digital currency for transaction purposes, and you are also right Bitcoin is not gold, but the characteristics of Bitcoin resemble gold characteristics like rare bitcoin. Like gold. Limited supply. More than just a gold supply in the earth. People like to collect it, just like gold. and can be broken up to the smallest part, gold can be divided up to the smallest part.

[hykenz]

I think that bitcoin emank can also be called digital gold so it can be invested and disbursed into dollars

[letzdodiz]

You are right that Bitcoin is a digital currency since this is the thing that it was expected to be. An advanced methods for exchange governments and banks have no hands on. In any case, we can't deny the way that during that time Bitcoin has developed into an advantage since this is the manner by which the larger part observes it. Something that has and increments in esteem has a tendency to wind up an item. It might disappoint for a few, however this is exactly how things have ended up being in the crypto space.

[Wakkocu]

Bitcoin has all of these same characteristics, and more. It has a limited supply. It can be made into smaller units without losing unit value. Its technology makes it very stable, it won’t degrade, and it’s impossible to counterfeit. On top of this, and unlike gold, you can move Bitcoin to any place on earth within minutes, no matter how big or small the amount. That’s why many people say that Bitcoin is not just digital gold, but a better version of gold.

[Megazord]

interesting comparison)) perhaps you can compare bitcoin with gold because gold is an expensive rare and unique resource but the difference is that gold is not so easy to use as bitcoin) you can not pay off a piece of gold as it can be done by bitcoins at any time and almost everywhere!

[Kakarot01]

In the event that we are discussing the value, bitcoin resembles a gold in light of the fact that bitcoin is extremely costly despite the fact that the cost is falling however its stay costly so I concur that bitcoin is a computerized gold. In the event that somebody mine a gold they will be rich some time or another right? much the same as when we are continue contributing and concentrating our opportunity on the most proficient method to gain bitcoin there is the likelihood to be rich sometime in light of the fact that bitcoin is costly similar to a gold.

[cryptoplane]

Bitcoin is digital, you can compare it to gold. It is almost impossible to make Bitcoin yourself, but it is possible to exploit Bitcoin - the important feature of gold.

[sjuzze]

I agree with your post. Bitcoins are just digital coin, because bitcoins do not have real value so they can not be compared to gold. Gold is a valuable metal, and they can make many things from gold, so gold is very valuable. Bitcoin is a kind of digital currency, used to trade through the internet, used to replace the currency.

[Winterwood21]

well, literally bitcoin is a digital currency, but its function has changed a lot and its characteristics are more similar to gold. The price is limited and the limited amount makes its characteristics similar to gold, that's what makes many people more interested in investing bitcoin than using it as a payment tool, after all, the unstable bitcoin price has not fulfilled the requirements as a currency.