Gold goes back even further than that. It was being used in jewellery by the Egyptians around 5000 BCE!

I agree that it's crazy to assume that Bitcoin could replace gold, especially this early on. However, I do sympathize with the idea that Bitcoin has superior monetary qualities to gold -- namely, a completely predictable and transparent supply.

I think it has the potential to become a traditional store-of-value asset like gold in due time.

BTC can become a digital gold, but I'm afraid it's not too premature to state that BTC is already a digital gold. Competition is not over. Look, f.e. at BCH, it's developing fast, gaining adoption and have a stong leader, so it does can dethrone btc if the latter has significant problems and doesn't scale itself. Gold is time-tested, but how knows what time will bring us? Maybe in a dozen of years scientists will come up with a technology to develop artificial gold, or it will be revealed in large quantities somewhere on Earth or other planets within reach. What would be with gold in that case? Or if just better materials will be found? Gold isn't eternal, and it doesn't bring such returns as btc due to the young age of the latter.

There is a photo of what a bar of gold and the sum of bitcoin it is worth.
Ill have to look for the link it and post here when I find it.

But I think the majority of us now are using high tech devices, I mean we all have high tech gadget that might be learned how to use that digital currency(bitcoin). But why we choose one of them the gold and the bitcoin if we can have profit both of them. I just prefer to hold them both rather than choosing one.

That's what I often say when I see people claiming "Bitcoin is the best investment". I know a lot of them have lost money during the crash.
Since I don't hear them anymore to say the same. A lot of people aren't so used with investments generally speaking I think.

Bitcoin is, in my opinion, far to be a store of value. SOV. is supposed to be a 'store your value' so your capital, how a cryptocurrency, volatile like BTC is, can help someone to 'store a capital' to avoid the risk to lose a %

Could ETH be considered then the equivalent of silver?lol

If you want stability it's on gold. If you want bigger profits then proceed on bitcoin. The future of blockchain is very huge although there are many coins contending to beat bitcoin on top.

BTC has a long way to go if it wants to compete with gold... Gold has more uses too.

Give a big thank you to gyrsur for the recent post of how many BTC is worth a gold bar link to the pic on twitter.