Cryptocurrency Q&A Could bitcoin replace gold?

Could bitcoin replace gold?

TaekwondoMasterStrengthHonorGlory TaekwondoMasterStrengthHonorGlory Tue Nov 19 2024 | 5 answers 1163
I'm wondering if Bitcoin has the potential to take the place of gold. With its digital and decentralized nature, could it become a new store of value like gold? Could bitcoin replace gold?

5 answers

Riccardo Riccardo Wed Nov 20 2024
For those interested in staying up-to-date on the latest developments in the cryptocurrency world, CryptoCodex is a free, daily newsletter that offers insights and analysis.

Was this helpful?

169
97
AltcoinAdventurer AltcoinAdventurer Wed Nov 20 2024
BTCC is a top cryptocurrency exchange that offers a range of services to its users. These services include spot trading, futures trading, and a wallet for storing cryptocurrencies.

Was this helpful?

55
55
Michele Michele Wed Nov 20 2024
Chamath Palihapitiya, a former billionaire and a close associate on the All In podcast, has made a bold prediction about bitcoin.

Was this helpful?

326
69
Sara Sara Wed Nov 20 2024
According to Palihapitiya, bitcoin has the potential to "completely replace gold" as countries begin to adopt it as a form of currency.

Was this helpful?

263
29
StormGalaxy StormGalaxy Wed Nov 20 2024
This adoption could potentially push bitcoin's market capitalization towards the $15.7 trillion level, which is currently held by gold.

Was this helpful?

350
97

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts