Can Bitcoin surpass gold? Gold and Bitcoin are similar, but each has its own advantages and disadvantages.
From the perspective of valuation, we only need to compare consensus, which depends on two dimensions:
First, time: the longer the time, the stronger the consensus. Gold lasts for thousands of years, while BTC is shorter.
Second, the number of people: the more people there are, the stronger the consensus. There may be 5 billion people on earth who recognize the value of gold, and 500 million who recognize the value of BTC?
The dream of surpassing gold can be had, but it is not appropriate to take it seriously for the time being.
