Bitcoin is worth more use of gold?

[Rana590]

Gold and bitcoin are the totally different. Gold has a tradition and it will be also. As we live in modern age, we use bitcoin than gold and the transaction sytem of bitcoin is far easier than gold.

[conceivedspoon2]

This answer depends on who you ask. Gold has it own use while bitcoin also has its own. Gold is fiat and you can hold it while bitcoin is digital. But you can both trust the two currencies and people place more value on gold than bitcoin especially for the old generation. Both gold and bitcoin worth more in their own capacities.

[aleksnutis]

Bitcoin has great prospects to become more significant than gold, because it surpasses gold in the following points:
- Bitcoin mining is cheaper
- storage cost is lower
- transfer cost is lower

[kvipcn]

I don't really think Bitcoin is worth more than Gold. Both bitcoin and Gold are two different things, one is a digital currency and the other is mineral commodity. While in terms of bitcoin investment and trading, it is highly possible to make some reasonable amount of profit, but i don't see this as being more valuable than Gold. Please let's just see bitcoin as a digital currency and stop all this speculations.

[FedorIzmailov]

I also think that the main disadvantage of Bitcoin is precisely the price of transactions - they are incredibly large. if we can solve this situation, in the future we will be able to raise the cryptocurrency market to a new level

[loveinberlin]

Thanks for sharing an interesting article. As for me, BTC is worth more than gold even. I can see out future in btc coin while gold has become useless already in the era of digital technologies

[Kurevazeyo]

Gold and bitcoin are the totally different. Gold has a tradition and it will be also. As we live in modern age, we use bitcoin than gold and the transaction sytem of bitcoin is far easier than gold.

Gold has been used since the days of Ancient Egypt, so its value has been uniform throughout the world, because there is a gold exchange in London which is a reference from other countries to equalize prices. While bitcoin, which is only 10 years old, is still looking for price adjustments that are the benchmark for bitcoin throughout the world, because bitcoin, which without government intervention will determine its own price based on the realization in the bitcoin market.

[jemarie20]

Bitcoin is very useful, because we can make more money here, by simple holding bitcoin and by bying some bitcoin in low price and sell it in higher price, in that way we can earn big amount of money.

[Amevalentine]

Gold and bitcoin are the totally different. Gold has a tradition and it will be also. As we live in modern age, we use bitcoin than gold and the transaction sytem of bitcoin is far easier than gold.

I agree with you that gold and bitcoin are almost the same and the results are almost the same and I think we just have to develop bit by bit so that bitcoin is more than gold

[Momoamzad]

bitcoin is most worthiable than gold.  bitcoin transaction is too easy.  and bitcoin holding system is uniqe. if you hold it will increase but gold doesnt.

[Susan Smith]

Even gold. All of them need to take a large enough volume so that people believe it is valuable. To keep this value, it needs a certain property. Gold is just a rock. It is valuable because it has the characteristics Bitcoin has. Many supporters of free trade, so they do not trust both the government and the paper money, have made such people more interested in Bitcoin.

[daarul50]

What makes bitcoin more valuable than gold is that bitcoin is a digital asset that will continue to increase in price as the times evolve with global digitalization, in contrast to gold which has an erratic physical and number of mining results while we know the total amount so that bitcoin will become a rare item in the future.

[jobukegoya]

Gold and bitcoin are the totally different. Gold has a tradition and it will be also. As we live in modern age, we use bitcoin than gold and the transaction sytem of bitcoin is far easier than gold.

The most obvious difference is that there is physical gold and bitcoin is not physical. But the value is more valuable now, because the price movement is faster than gold. So investors prefer biotcoin investment rather than gold, especially investors and speculators.

[AiBBio]

In my opinion gold still has a role to play in the finance world and probably always will. I wouldn't be expecting a gold standard to be restored anytime soon nor a widespread adoption in the case of a financial apocalypse, but I guarantee people will still be collecting and trading gold as a store of wealth. It's just not practical enough for daily transactions though. Bitcoin is well on its way to solving these problems. We just need improvements in the transaction cost and speed (and efficiency in terms of electricity, a big problem until we do away with fossil fuels). Once that happens it will be more useful and appealing to investors.

[denmark00]

of course, bitcoin is way more value than gold, it was 20,000us in late of 2017. now it's down, but still good value

Even now bitcoin's value is better than gold but it is not stable, we can not know when the price of bitcoin will go down.

[Serious Miner]

There is no doubt bitcoin is more precious than gold. Bitcoin is a digital currency and it is highly volatile and even it is decentralized where gold is metal which is stored for future needs. We should not even compare between bitcoin and gold both are different in nature. So I think bitcoin is really worth more use of gold .

[SnapDown22]

Gold and bitcoin are the totally different. Gold has a tradition and it will be also. As we live in modern age, we use bitcoin than gold and the transaction sytem of bitcoin is far easier than gold.

I answer yes because bitcoin is a new product of modern times and gold is an old tradition so the more advanced technology nowadays the product is losing its product or the tradition of the past and bitcoin is what I mean

[harimauagam]

because bitcoin can now be made as a payment that is legitimate or more valuable than gold because to invest high and surely it is not a little pocket money that will be spent.

[RadjorBlade]

Gold and bitcoin are the totally different. Gold has a tradition and it will be also. As we live in modern age, we use bitcoin than gold and the transaction sytem of bitcoin is far easier than gold.

Comparing gold with bitcoin is not true, because gold is owned as a beauty accessory while bitcoin is owned as an investment. Both of them do have investment value, if gold is slower but less risky. Bitcoin is faster but the risk is high. So bitcoin is more promising than gold, only a higher level of emotional control.

[primejia]

Yes, I think Bitcoin is more useful than gold, for example :
in transactions Bitcoin more simple than gold, Using Bitcoin all people can make a transactions only 1-5 minute.
Bitcoin simple, secure and fast than gold

to be a clear means of payment, the bitcoin currency is better than gold, you really want to know that the bitcoin currency is currency. , gold is more appropriate to be an asset not as a means of exchanging goods. So this is bitcoin and gold, the usage is clearly different. if bitcoin is a digital currency, gold is usually a valuable asset, or for guarantor of currency.