Will or will not BTC ever surpass gold in market cap? This would require BTC price of about $350,000.
Simple question
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yes. gold goes to 0. screencap this.
To me gold vs bitcoin is a lot like the horse vs the car. Right now the car (bitcoin) is pretty shitty but it'll become apparent that it'll win over the horse (gold).
I think in the end cryptos highest value prop will be gold replacement. It is superior.
>crashes 50% in a day
>muh superior store of value
It will but at least after 5 years.
>only in fiat.
If crypto moons to 1 million+ and people stop trading fiat to crypto and everything is priced in crypto it's real value will have become solidified.
All the superpowers hold thousands of tons of gold. Do you really think the US, Russia, China and the UK are going to let their gold become worthless?