Bitcoin will replace gold and become the main asset for storing value, the head of EOS

According to the leader of the EOS cryptocurrency development team, Brendan Blümer, Bitcoin (BTC) will be able to completely oust the gold over the next two decades.

Blümer expressed this view on his Twitter page and stressed that the largest digital currency would be the most valuable and safe asset.

The creator of EOS made his statement against the background of the strengthened course of Bitcoin . At the end of last week, the BTC again overcame the psychological mark of $ 4,000 and is now trading at $ 4,051. The market capitalization of the main cryptocurrency on Monday, March 18, exceeded $ 71.277 billion.

Blumer wrote:

"Over the next two decades, Bitcoin will replace gold and become the main asset for storing value."

Over the next two decades, #Bitcoin will replace #gold as the leading commodity to store value

– BrendanBlumer (@BrendanBlumer) March 17, 2019

Why I’m not going to get any bit of gold caps.

* Mathematical scarcity beats perceived scarcity *

Perceived scarcity comes only from the technological limitations of today. https://t.co/TtIh41zz3F

– Willy Woo (@woonomic) February 1, 2019

Another representative of the crypto-community, Willy Woo, expressed a similar point of view in early February. He noted that according to the capitalization of BTC gold would easily pass. Willy Wu also believes that the BTC will decline until mid-2019, and then will again begin to gain in value.

Many users of social networks agree with Brandon Blümer and Willie Woo. And some of them are sure that Bitcoin will replace gold much faster.

However, there are skeptics, for example, one of them under the nickname pied piper, on the contrary, believes that Bitcoin will disappear in five years.

It will happen much faster … this is Crypto world …

– Simon (@ Simon23105395) March 17, 2019

Bitcoin will be gone in 5 years. Not dead, GONE.

– pied piper (@piedpiperpens) March 17, 2019

Publication date 18.03.2019
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