Can Crypto be more valuable than gold?

[ven7net]

I have thought that one key advantage crypto (bitcoin, litecoin, Dash, monero etc.) has over gold is that its supply level is fixed and transparent, but can this or features make crypto more valuable than gold?

To answer your question, you just need to remember a little history. We have known about gold for a long time and most people know the value of gold. As for cryptocurrencies, this is a new type of asset and few people know about it yet. Moreover, in addition to information, you also need trust and application. These two factors have also long been used for gold, but for cryptocurrencies, this is just the beginning. Everything will depend on these factors, which I indicated above. In any case, gold is now a safe asset, and probably some cryptocurrencies such as BTC.

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[Mighty_crypt]

Bitcoin is already more valuable and stronger than gold, it's one of the reasons why bitcoin is slowly growing higher recently, it shows that the world have finally understanding what Bitcoin is capable of, the pandemic period have shown that Bitcoin isn't a joke and its more capable than even world stock market, the sky is the limit for Bitcoin from now on

[iTradeChips]

From my point of view, it all depends on utility of commodities and crypto. At the moment, gold investment I'd way more than crypto. There are people who stlll loves physical handling of the asset than digital.but as you said, cryptocurrencies provides transparency over gold and other commodities. Another side is that cryptocurrencies has attracted so many scammers, whereas later has very less chances of getting scammed.

I would agree on this one due to the nature of gold and other precious metals that can be bought as part of your investment. Gold has been around with us for a long long time and has been proven a good investment on any time period, compared to cryptocurrencies that I think is only valuable in our current time period due to our dependence of high technology like computers and advanced communication like the internet and satellites. Better if you can diversify your assets rather than invest them all in one basket of investment.

[Tahsin Kabir Kollol]

Cryptocurrency is very promising and it has a bright future. Cryptocurrency is considered to be one of the latest innovations of the present time and a medium of exchange in the future. Many countries around the world have already allowed the use of cryptocurrency and many well-known companies are conducting their business transactions through it. Several cryptocurrencies, including Bitcoin Ethereum, have already gained considerable popularity, and their current value has multiplied many times over the time of their invention. If you think about the return on investment, some cryptocurrencies, including Bitcoin Ethereum, have risen in value over a period of time, more than the price of gold. So it can be told that crypto can be more valuable than gold.

[rahmatullah9305]

Bitcoin is already more valuable and stronger than gold, it's one of the reasons why bitcoin is slowly growing higher recently, it shows that the world have finally understanding what Bitcoin is capable of, the pandemic period have shown that Bitcoin isn't a joke and its more capable than even world stock market, the sky is the limit for Bitcoin from now on

Yes, and this is a very extraordinary thing for bitcoin because it has shown the world that it is truly strong in the crypto market and can virtually beat others, so it would be natural that many people now salute Bitcoin.

[Debonaire217]

The value of things especially fiat, gold, and crypto relies only on one reason, that is the demand of the people and their willingness to trade it in exchange for goods and services. I can say, cryptocurrency can be more valuable than Gold if we are going to make fiat as the basis of our judgment. Without the people actively demanding cryptocurrency, it will not have a value just like the thousands of shitcoins we have in the Ethereum blockchain. Also, it will not be definite to compare the value of crypto to gold as we need to designate a standard unit. 1 Bitcoin could be considered but in terms of Gold, it could be 1kg, 1g, 1 bar, or any other unit of measure and the problem is to standardize it.

[Insomnia family]

in terms of price, the proof is that there are lots of coins that have a high selling value that exceeds the percentage price of Gold today. let's say this BTC has a high selling value in the crypto market. In the real world of traditional investing, Gold has positive points and many people use it for annual investments.

[Smartprofit]

I have thought that one key advantage crypto (bitcoin, litecoin, Dash, monero etc.) has over gold is that its supply level is fixed and transparent, but can this or features make crypto more valuable than gold?

Yes, Bitcoin is a deflationary asset (which makes it look like gold).  Bitcoin = 21,000,000 coins. I think that in the future the capitalization of Bitcoin will be equal to the capitalization of gold.  

At the same time, Bitcoin has properties that gold does not.  Bitcoin makes it easy to move capital over long distances.  

Gold is difficult to store.  Large quantities of gold are difficult to transport.  

Only a specialist can determine if gold is counterfeit or not.  Bitcoin doesn't need intermediaries.  

Therefore, it is the best asset of the XXI century.

[copoyes]

while gold stocks in this world still exist, gold is still more valuable than cryptocurency and out of necessity there are still many who choose and store gold or as an investment tool for each person
because gold has a shape and form and is legal in every country
unless the stock of gold is running low, cryptocurency is likely as an option to replace gold

[tvplus006]

Of course, cryptocurrencies will be more desirable in the future as they will all go digital. But not all cryptocurrencies will be better than gold. Only a good project will do better than gold

Now it is not necessary to own physical gold, as exchanges give us the opportunity to purchase digital gold, which is equal in price. In addition, physical gold is less liquid than its digital counterpart. Unlike gold, cryptocurrency will increase in price significantly more in the coming years.

[Kezacky]

gold and crypto are both valuable for investment, but they have a difference between gold which is a profitable investment every year in the real world while crypto is also a profitable investment but risky because the value is always changing all the time.

[Lore06]

Gold will forever be the most valuable, therefore it is also called the precious metal, and I think that has also become a natural law.
But if we want our investment to generate big profits, cryptocurrency is a better choice than gold. but of course with a greater risk consequence too.

[vlast01]

I have thought that one key advantage crypto (bitcoin, litecoin, Dash, monero etc.) has over gold is that its supply level is fixed and transparent, but can this or features make crypto more valuable than gold?

There are many things and aspects that can change the flow of the crypto market and if things would go on crypto currencies side then there's high possibility for a cryptocurrencies to be more valuable than gold specially on today's pandemic situations. People have to stay at their house and do staff online just to make them safe from the virus so the demand for fiat money  have drastically decreased and these affects everything in the physical markets, necessities products have doubled its price due to high demand and low supply, and other products may lowered its price such as gold and jewelry due to decreased demand. But on the other hand as of today digital currencies are most used in every transaction and most of banks have been associated with cryptocurrencies so there will be a high possibilities that crypto currencies will outrun the price of gold in no time. 

[republicrypto]

I have thought that one key advantage crypto (bitcoin, litecoin, Dash, monero etc.) has over gold is that its supply level is fixed and transparent, but can this or features make crypto more valuable than gold?

limited supply, transparancy and privacy is the main advantages from cryptocurrencies
and because of that i believe in the future maybe a the next couple or years crypto will be more valueable than gold
regards

[yeamin.rsl]

Yes Crypto can be more valuable than gold . Bitcoin price has risen 48% since the start of 2020 and others crypto price as well. But if we see the gold price chart it's far behind than crypto.

[pandanaran]

cryptoqurrency is one of the most profitable investment alternatives in today's digital world, especially with Bitcoin. Gold on the other hand is often referred to as traditional investment, because real gold investment can generate profits every year. but for me personally crypto is also profitable, even though it is risky, such as prices that can change at any time, in fact crypto has its own appeal for investors.

[dr.cheema]

Can't sure about crypto except bitcoin, We can say that Bitcoin can be more valuable than gold because day by day many investors spending money on Bitcoin.
Slowly but steadily BTC price following uptrend and many investors thinks that investment on BTC is more safe than other investment.
we have seen that OIL price crash before covid-19 so Investment on BTC is beneficial for newbie and old players.

[kasakola]

Of course, crypto is more valueable than gold. Now crypto is going to more and more valuable. Gold is not less valueable but the situation says crypto is more valuable.i think its more more pump, so dont forget everyone.

[jademaxsuy]

Yes, cryptocurrency is a good asset especially bitcoin but there are other good altcoins as well that can be a good asset like ETH and XRP. It only depend on your assessment of which crypto would be a valuable as an asset. This is why risk assessment is very important in cryptocurrency and if you are good in it then definitely you can save a lot of money from crypto as an asset. Again if you will take my advise to go for bitcoin high chance you get a brighter future ahead of crypto as an asset.

[Sebas.tian]

I have thought that one key advantage crypto (bitcoin, litecoin, Dash, monero etc.) has over gold is that its supply level is fixed and transparent, but can this or features make crypto more valuable than gold?

Yes, what else should make the cryptocurrency more valuable than gold, if not it total supply and deflationary nature?, this singular move from those initiators makes this technology great. Gold though is good but not compared to digital currencies, these coins which some are decentralized and some centralized makes it good for everyone who want to enjoy privacy and freedom.