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Bitcoin replacing gold as a store of value

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Admin Stoychev
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@kayden48 oh yeah.so many scams happening.haha. and some people would rather deal with hard cold cash digital items they don't understand 😀


   
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Admin Stoychev
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@facebook-anikeadaeze agreed. It's an exciting time to be alive and witness all these changes that are happening at such an accelerated pace. But regardless gold still remains stable.ย 


   
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Admin Stoychev
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@evcj_ 550 B.C.?! That's a long time! Wow! 😲 Yeah, that then solidifies gold's position as a store of value.


   
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Admin Stoychev
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BTC will never match up to gold, at least not in the next few years or decades. Not many people, let alone governments are willing to consider a 'Bitcoin Standard', plus the volatility doesn't do it much favors


   
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LucianoP
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@tituskrit I think it will never match it, gold is a limited resource, and thereโ€™s less and less in the world every day, bitcoin has no physical limit.


   
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LucianoP
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@divine Exactly! Digital money has no real backup, gold will always be gold tho!


   
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Admin Stoychev
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@lucianop okay there is the halving thing intended to limit bitcoins in circulation which can trim inflation. The problem is that not many people are willing to adopt crypto


   
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kayden48
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@divine Yup and you can't blame them. No one wants to lose money to online scams


   
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Admin Stoychev
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I dont think this will happen right now or the next decade, but it can happen in the future. Not everyone is all about crypto including the authority even though it's a new form of currency. I wanna know what happens in the near future though as many people are investing and taking their time into this.


   
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