I was having an argument with my colleagues earlier about the possibility of Bitcoin surpassing Gold?
Gold has been dominating the economy and markets for thousands of years as a means of exchange and holding wealth(even generational wealth). On the contrary, Bitcoin(which is now called digital gold) was launched in 2009 and has achieved widespread adoption and success. It has been growing rapidly ever since.
I am not against hodling or buying bitcoin, infact i am an advocate for hodling bitcoin for the next couple of years because its certain there will be a huge increase in price to about $200,000 or higher in the future. But Gold is widely utilized compared to Bitcoin. Gold is also stable even though its price may fluctuate due to geopolitical factors and economic events whereas Bitcoin can be highly volatile.
Gold can be more reliable, this has been proven over and over. In this digital era, Bitcoin has accessibility, portability, divisibilty advantages over Gold.
Which team do you fall into Digital Gold or Traditional Gold?
If you want to invest in future, then you have to invest in Bitcoin. Just have a look what has happened, at first we were exchanging things with each other, then we moved on silver and gold coins, then on papers, then on fiat and later, in 2008, an innovation by Satoshi Nakamoto has happened.
Gold is widely utilized compared to Bitcoin because Gold is one of the earliest currency. It's almost the most stable because of its past. For centuries, everyone has been using it as a value of wealth.
I am not 100% sure whether Bitcoin will surpass gold or not but I'm sure that the future belongs to technologies. Bitcoin is a technology, a digital one and future belongs to it.