SubscribeThe Gold is more valuable than the Bitcoin. The Bitcoin can never be a standard store of value.
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Thread: Will bitcoin replace gold?
#4
The Gold is more valuable than the Bitcoin. The Bitcoin can never be a standard store of value.
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#3
Nothing can beat the Yellow metal. Though the value of the Bitcoin is obviously higher than Gold but the essence is it would remain as the most valuable asset.
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#2
I don't think so, as you can see, the rate of Bitcoin sharply drop from a very high place. But who knows? Remember, nothing is impossible. :D
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
#1
Gold in general is no better. The value of gold is nothing more than a result of a global consensus - at the moment everyone agrees to consider gold a measure of value, simply because this measure is in some form or another necessary. If we assume a utopian situation, that tomorrow everyone agrees that gold is not such a measure, then it will be good only for the production of quality wires and trinkets.
The btc is gaining momentum for exactly the same reason - the global consensus towards the btc is constantly being strengthened. In this case, unlike gold, the cue-ball is not only a measure of value, but also a settlement system, and gold is not a competitor for this parameter.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
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