Has Bitcoin already won ?

[Questat]

https://youtu.be/UF528l8fqKk

Bitcoin is pretty much already considered Gold 2.0. Is that enough ? Does it still need to become a currency from here on ? Or is it the new "Gold Standard" that other currencies will be measured by ?

It definitely isn't enough. Many countries are crypto friendly but most of the countries have not yet accepted cryptocurrencies as a payment method.
So there is pretty much a long way ahead for bitcoin. Satoshi's vision was to see bitcoin being used as a globally accepted decentralized currency and that is still not been achieved.
Only when bitcoin starts being used globally, we might say that now it's enough for bitcoin  

We can't just stop of being a crypto-friendly, it is better to escalate into the higher level and that is by considering it as a currency instead...than just to be an asset in form.
Bitcoin isn't winning yet since the majority of the people are still using fiat and not even accepted locally. It could take years before Bitcoin got it. But I believe it could make it gradually and building a good reputation will help to gain trust from the community.

[adzino]

https://youtu.be/UF528l8fqKk

Bitcoin is pretty much already considered Gold 2.0. Is that enough ? Does it still need to become a currency from here on ? Or is it the new "Gold Standard" that other currencies will be measured by ?

So, what is going to happen now? What is the benefit of considering this as "Gold 2.0"? Why are you so hyped about this?
Gold is used as a medium of storage. We don't use it as a form of currency anymore. Similarly, if bitcoins are compared to gold, it can no longer maintain  and serve its main purpose of being used as a decentralized currency. People will just invest on it to make profit.

[Gi01]

https://youtu.be/UF528l8fqKk

Bitcoin is pretty much already considered Gold 2.0. Is that enough ? Does it still need to become a currency from here on ? Or is it the new "Gold Standard" that other currencies will be measured by ?

Bitcoin is no way described as gold 2.0. If you understand what bitcoin is and the underlining reasons behind the creation of it, you will never relate it or compare it to Gold. Investors in the crypto space are behind why people always want to compare Bitcoin to Gold. These investors have either zero knowledge and understanding or little about what Bitcoin is. Bitcoin is meant to be a currency which removed the restrictions and disadvantages presented by the centralized banking system but investors saw it as medium that can generate profits.

[jossiel]

The main reason why satoshi has made bitcoin is to become a decentralized electronic currency(https://bitcoin.org/bitcoin.pdf) that we can use. So, it's main purpose as a currency is still there but it is changing and its volatility makes it a perfect store of value.

But, why remove the other purpose of it if we can use it as both at the same time, as currency and investment?

[shooleh]

The selling value of Bitcoin cannot be stable, so it is difficult if Bitcoin is said to win. The government is difficult to manage Bitcoin because the change in selling can be influenced by anything. But we can enjoy the benefits of Bitcoin and the winners are those who have gained wealth from Bitcoin.

It is in my view. Bitcoin can be a winner if all countries recognize that Bitcoin is there. We can see that many countries prohibit Bitcoin.

[lepbagong]

https://youtu.be/UF528l8fqKk

Bitcoin is pretty much already considered Gold 2.0. Is that enough ? Does it still need to become a currency from here on ? Or is it the new "Gold Standard" that other currencies will be measured by ?

Bitcoin already has its own share and want to be given any nickname does not affect the movement and development of bitcoin. bitcoin will be the best and sought after by many people.

[Kakmakr]

https://youtu.be/UF528l8fqKk

Bitcoin is pretty much already considered Gold 2.0. Is that enough ? Does it still need to become a currency from here on ? Or is it the new "Gold Standard" that other currencies will be measured by ?

Well, considering the latest "fake" Swiss Gold bars that have been stamped with counterfeit refinery logos, a lot of people might agree that Bitcoin might be a better investment, because bitcoins cannot be faked. 

Bitcoin is the "Gold Standard" for other currencies, because it is more efficient and cheaper to use than other currencies. <cross border transfers.> It also gives people more freedom and accessibility to their wealth. <24/7/365 access to their coins> 

[maxreish]

We can't really say if it's enough. It can go beyond our imaginations. If it is considered Gold 2.0 or will consider as official digital currencies or both, how would we know that? The future can only tell, but as we can see the bitcoin's development is growing, the blockchain technology is increasing and been known by many people now. So, it is possible.

[Janation]

It will never be far from gold right now since a lot of people are looking at it as one.

Though I don't see it improving in the near future, I think the highest it can get is to be a payment method which other people and companies are thinking about. There are still problems with how will they do it since we all know the problems it has as a payment method. Steam accepted it in the past, they stopped because of the high fees and the volatility of it, still they said that they may re-evaluate in the future that means it might happen again.

[michellee]

It seems to me that it is very generally said that it looks like gold.  It’s just that bitcoin is independent, it is decentralized, it is valued, but still it’s not gold, it’s something else.

For me, bitcoin is like gold in the world wide web, and bitcoin is a new investment for me, which can give me a profit like gold. I tried to invest in gold too but in a small amount. But unfortunately, not all people in this world realize about the opportunity that bitcoin can give to them and they still don't want to know about bitcoin. It seems they are comfortable with the traditional way they already used, but if bitcoin can show more power in the future, I am sure that all people will aware and will follow the earlier people to invest in bitcoin too.

[fiulpro]

https://youtu.be/UF528l8fqKk

Bitcoin is pretty much already considered Gold 2.0. Is that enough ? Does it still need to become a currency from here on ? Or is it the new "Gold Standard" that other currencies will be measured by ?

Gold is a much better investment when it comes to bitcoins vs gold , it's slow and stable but it does the trick. I think more or so bitcoins is treated as a commodity but at the same time it is like a currency but not entirely .
I would say it's 50% like a commodity and 50% like a currency and it soley depends on the user who is using it .
The fact that they decide to use it as a currency or as a commodity ...
I think it's on the user not bitcoins.

[rdluffy]

BTC is 10 years old, for me it's a big winning for all of us
We are in a process of growing, with optmism and a huge support, this is good for now and for the future but we need to keep working to spread about BTC because there's a lot of room to improve

and in 10 years, we can't simple define BTC, it's a lot fo things, a currency, an investment, a new technology, a disruption...

[trickyriky]

The Chine-USA conflict which is a real trading war already has affected the market. Bitcoin has gained more popularity and the number of financial deals with it increased by over 280%. At the same time, gold became a bit more popular, but not as much as BTC.

As we see, investors, especially, the largest one consider Bitcoin the better asset for now, but it still does not mean the BTC victory.

[pakhitheboss]

What has this led to?

Bitcoin was made to replace fiat currency and become the best payment network.

Now we are comparing it with Gold and discussing whether it can replace Gold. What a Big Joke!

Bitcoin is not a commodity it is a digital currency that is meant to overcome the hurdles of Fiat currency. It would be rather wrong to compare it with Gold.

[antisocial77]

calm down my friend.we are too far away to compare bitcoin and gold.we can discuss if you talk about fiat money and bitcoin but we are not there yet, i dont think we at least.in the future yes i think there will be gold and bitcoin only.

[SirLancelot]

https://youtu.be/UF528l8fqKk

Bitcoin is pretty much already considered Gold 2.0. Is that enough ? Does it still need to become a currency from here on ? Or is it the new "Gold Standard" that other currencies will be measured by ?

I think that the main objective is the currency side of it and we cannot limit it to gold alone, which means we will be limiting it to being store of value while it can also serve as both gold and currency. What is the problem with our financial system is not investment right now, and we have more things to deal with.

The problem is the general financial system that has rotten and the limitation to some transactions within the traditional banking system using fiat, and this was known to be the main reason n was created to have that has primary function while store of value which we refer to as that gold 2.0 is just the secondary function of it which I usually term the reward focusing bitcoin system. It is a good thing that bitcoin is gradually gaining the store of value title, but what of the currency aspect?

[BITDV]

Bitcoin have their own market, and same with gold. Both of them have advantage and disadvantage, and we can not say one is better than others

Gold is better for long term stable investment, but not as a payment. Bitcoin is better for payment and not for long term investment because of volatility. I ever saw some website that claim that he provide digital gold and send gold as payment to merchant, but actually it's not.

Bitcoin has already won in his innovations without bitcoin no other coin, but bitcoin has not yet win against gold

[CODE200]

https://youtu.be/UF528l8fqKk

Bitcoin is pretty much already considered Gold 2.0. Is that enough ? Does it still need to become a currency from here on ? Or is it the new "Gold Standard" that other currencies will be measured by ?

Even though bitcoin is not considered as gold 2.0 that is still enough. Bitcoin didn't need to make a big name to be known by other people. Both bitcoin have an advatage and disadvantages it just on the people who can manage their investment in either gold or bitcoin.

[Willitivity]

Bitcoin has come a long way, having stayed strong for 10yrs now is much of a win to me. On the other hand, comparing Bitcoin to gold is kind of unbalanced comparison as both of them don't work with sane sane system. And again, Bitcoin is should be considered as Gold 2.0, Bitcoin is a crypto and not metal.

[Herbert2020]

bitcoin does not become a currency, it has always been a currency and then became an investment and then in later years since people kept comparing it with gold they came up with the name "gold 2.0" but since a lot of users including you are new around here you saw the end result of that and you think that end is the start and the future is becoming a currency.