If you compare price of gold and bitcoin, you can assert that it is really true. But remember, many people feel that gold is the most secure investment. And bitcoin will not replace it

Gold as a material by its nature is not useful. Less than 10% of all gold mined is used for some industrial and production purposes. Despite this, people agreed that gold is incredibly valuable. Why?

We will not consider the primeval reasons why gold attracted the attention of society in the distant past. Currently, gold has several excellent economic properties. Gold is difficult to mine, and new deposits are opened very rarely, so its market supply is stable, and the price is not subject to inflation. Also, gold does not deteriorate (it does not dim and does not rust), therefore existing assets remain in a condition suitable for trade and storage. Thus, the price of gold does not fluctuate very much, which makes it a stable means of preserving capital. Moreover, no market or individual player has significant influence on gold. Therefore, the price of it does not correlate with the economy of any country.

Gold acts as a "protector" from the impact of global economic unrest. In periods of downturns and rises - gold remains gold, preserving its independence. Thus, over the past several thousand years, gold is used by society as a decentralized custodian of capital. And it is appreciated precisely because everyone agreed to use it for this purpose.

But! It turns out that gold is far from the ideal means of saving capital. The ingots are big and heavy. The content of storage facilities and ensuring their safety are expensive. Gold is difficult to transport. It can be stolen. You can manipulate information about the presence of gold or lie about "cleanliness" and the sample.

Of course, for all these reproaches, a resident of a developed country will respond - "Well, what's the problem? If necessary, I can easily buy a couple of pieces of gold in special institutions. And if I want to ensure its safety - just put gold in the bank cell. "

I agree on the following views: The bitcoin severity is increasing over time and it is limited.
Traffic volume of bitcoin is now slower than gold.
I realize that gold can be fake and it is difficult to determine the purity of bitcoin and completely transparent.
Gold is not considered as a payment medium and bitcoin is now paid for in Amazon, microsoft and many places in the world.

hello ..yes. bitcoin is a digital gold for us. the use and popularity of bitcoin is increase day by day. people use bitcoin for various purpose. so i think it is easily to be said that bitcoin is a digital gold in cryptocurrency world.

I think this is true. Gold is the currency of all countries in the world. gold is the world's stockpile. Gold is the most preferred currency. For bitcoin too, bitcoin is a digital coin but its value is like gold. Bitcoins are widely used throughout the world. Bitcoin has high security and great value. Bitcoin is widely used. so bitcoin may be digital gold.

Bitcoin has few differences compared to gold. unless in different shape and system, bitcoin has volatility that gold hasn't. also gold is more stable. despite both need to be mined and become an investment commodities. there are more differences than similarities.

Yes, true if bitcoin can be called digital gold. Therefore rather than collecting gold bullion or in the form of a physical for now better collect bitcoin. Although often forged issue we need not worry because the issue or gossip is a financial rhythm that tend to be popular

Technically, yes, but there is one catch. Gold is a property and it is accepted in any country and bank as an investment, meanwhile BTC should be considered as a currency, you can purchase something with it, at least it is thought to be that way. And it is much more volatile, than gold.

well, I guess bitcoin is not like gold. but, it can be said that bitcoin is digital gold, because when you have it, you're like having gold. but, the potential for bitcoin is greater than gold. whether it's in terms of risk, or in terms of profit.