what is the difference between Bitcoin and Gold?

[witcher_sense]

We understood that gold is tangible as it can be seen in real life which makes it physical while bitcoin can not be seen. But this does not mean bitcoin is not existing in the real world but virtually. What we can see as the virtual world right now are virtual realities like the Metaverse, bitcoin has been existing over 10 years before the world is moving towards virtual reality like Metaverse.

You can formulate this in a slightly different way. Everything you buy in the metaverse doesn't exist in a physical world, you can't use items that you bought while being in a virtual world. On the other hand, bitcoin lives outside any virtual world: you can purchase real physical goods of a physical world, and these items can be easily seen and used by human beings. Moreover, you can make bitcoin a tangible thing, because you can present keys to the stored funds as something you can touch with your hands. Materials like paper or metal may give you full control over bitcoin, and they can be handed over to another person like any other tangible thing. Unlike bitcoin, the metaverse doesn't and can't have any physical representation, and therefore is always virtual.

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[Jawhead999]

One is physical and the other is digital, BTC is the gold of the digital world and also money of the digital world, do we need to compare? I think NO because BTC has surpassed Gold already now the target is becoming real money.

In terms what Bitcoin has surpassed Gold? the marketcap isn't, Bitcoin less 16x from Gold [1] Gold also can be used to store a value and medium of exchanges similar like Bitcoin. Gold is accepted widely countries, while Bitcoin isn't... some countries banned Bitcoin and some still in grey area. Though the future of Bitcoin is bright since there's no other asset as good as Bitcoin until now, but Bitcoin not yet surpassed gold.

[1] https://8marketcap.com/

[Adams0001]

Bitcoin Is Not the Same as Gold

Gold has become an especially valuable product in people's minds after hundreds of thousands of years of development because it is very scarce, has an entity, and can be seen and touched.
 
Bitcoin, on the other hand, is a cryptocurrency that is virtual, undetectable, and untouchable. Bitcoin is a virtual currency that only lives digitally and can only be obtained online.

[drwhobox]

Bitcoin Is Not the Same as Gold

Gold has become an especially valuable product in people's minds after hundreds of thousands of years of development because it is very scarce, has an entity, and can be seen and touched.
 
Bitcoin, on the other hand, is a cryptocurrency that is virtual, undetectable, and untouchable. Bitcoin is a virtual currency that only lives digitally and can only be obtained online.

First bitcoin is not an asset, bitcoin is currency and on the other hand, gold is established as an investment asset. But now we count bitcoin as an investment and that is why these comparisons come into our mind.
When it comes to investment gold is a more stable and less risky asset compared to bitcoin. Bitcoin is more profitable investment than gold, but way riskier. But you can minimize the risk if you have a plan to invest for a long time.

[Obari]

Bitcoin are stored as a physical assets

Bitcoin are stored digitally, which is on blockchain.

There are also digital gold if I'm not wrong.

* There are also fake Bitcoins, that's if you ever come across any scammer who will ask you to make a deposit to be able to make withdrawals from a fake wallet.

*Gold is also a long term appreciative asset and might even serve the purpose of trading, hence might be seen as money as well.

The major difference between Bitcoin and Gold to is that gold can be touched(physical) and Bitcoin can't be touched(digital)
N/B: (Just my opinion)

[Smack That Ace]

Bitcoin Is Not the Same as Gold

Gold has become an especially valuable product in people's minds after hundreds of thousands of years of development because it is very scarce, has an entity, and can be seen and touched.
 
Bitcoin, on the other hand, is a cryptocurrency that is virtual, undetectable, and untouchable. Bitcoin is a virtual currency that only lives digitally and can only be obtained online.

First bitcoin is not an asset, bitcoin is currency and on the other hand, gold is established as an investment asset. But now we count bitcoin as an investment and that is why these comparisons come into our mind.
When it comes to investment gold is a more stable and less risky asset compared to bitcoin. Bitcoin is more profitable investment than gold, but way riskier. But you can minimize the risk if you have a plan to invest for a long time.

Gold was also a currency in previous centuries before today's fiat money was born. If I remember correctly, the gold payment system has existed since ancient times and was maintained until the 70s of the 20th century.
Both have their pros and cons and have different use cases, so there's no need to compare which is better than the other.

Regarding investing, I would agree with what you said, but about storing assets. In my opinion, I still think bitcoin is safer than gold, if you hold a lot of physical gold, it will not be secure, easy to be noticed by others, can be confiscated by the government, and is extremely difficult to move. But it is much easier to store bitcoins, just remember the seed phrase, you can move or use it anywhere as long as there is an internet connection.