From an investment point of view, bitcoin is more about gold than it is about other currencies. That's because as an asset, bitcoin and gold have a lot in common. Both are limited to supply, both have functions to use, and many believe that, despite their large price fluctuations, they remain a good store of value. Compared to gold and currency investment returns in the past five years, the currency's performance is far better than the so-called precious metals, gold year loss than 6%, the currency of the annualized rate of return is 155%. These rich returns show that bitcoin has excited investors about the prospect of putting money into such a new asset class.
Compared with the gold standard, the value of the currency rising and proven performance, investors can be used to measure the investment of the world's leading digital currency future opportunity and risk indicators.
I think bitcoin will surpass the gold in the general popularity and use in the market in the near future. Right now, less and less people are still into precious metals for investments. There is a growing number of people that sees blockchain technology as new monetary system. In my own opinion, gold is just a chunk of sparkly metal. But bitcoin on the other hand, is a faster, safer and easier currency that I wish to last until mankind ends.
