Tech
Is Bitcoin Going to Replace Gold in The Future: Here Is What Experts Are Saying
For a very long time, a particular form of conversation is gaining ground in crypto circles. This conversation revolves around the nature of Bitcoin, and whether it can replace gold. In recent times, Bitcoin’s ability as a solid hedge has attracted the attention of investors, who feel that the crypto stands to become a stable hedge in the future.
In this article, we are going to look at whether this is a mere conjecture, or is there any truth to the matter. We will also look at some properties, which has made investors proclaim Bitcoin as the new ‘digital gold’. Finally, we will look at either side of opinions and see what supporters and critics are saying.
Bitcoin and Gold: Similarities
One of the first things, which we should discuss, pertains to how Bitcoin is similar to gold in some important respects.
Both Bitcoin and Gold are available on earth in finite or limited quantities. This means that they do not have unlimited supply. If you do not have limitless supply, the value of an asset is fixed as a store of value.
Both Bitcoin and Gold can be easily transferred across countries and continents. In other words, they both enjoy universal acceptability. You can exchange your gold for currency in Russia, in the same way you can in Puerto Rico. The same holds true for Bitcoins as well.
Can Bitcoin emerge as a credible ‘Store of Value’ in different countries?
One of the major arguments, which is being forwarded pertains to the development of Bitcoins in the developing world. If you are familiar with the economic situation and financial happenings in the underdeveloped world, you will realise how their currencies suffer from extreme volatility.
This means that a pound of bread could be worth 10 or 1000 within one week. As a store of value, Bitcoin could help remove this volatility and stabilise the economy in a major way. Experts point out currency losing value is not only a concern for the masses.
It is also very bad news for governments and central banks who have to exchange their currencies to buy global supplies like oil, food and medicines. Another major reason contributing to the push for Bitcoin over Gold are the Millennials and Gen Z.
The above generations are products of a digital economy. They shop, eat, travel online and expect their currency to be virtual also. This makes them the generation who is going to call all the shots in the near future. In other words, for the younger generation, it is all about crypto. Visit bitcoin up if you are interested in bitcoin trading.
Bitcoin cannot replace Gold: What are the sceptics saying?
There is no doubt that Bitcoin still has a long way when it comes to replacing gold. However, critics who believe that Bitcoin can never achieve that distinction based on concrete points.
They point out that the underdeveloped world does not have access to electricity and the internet at all times. In such a situation, it is practically impossible to have a currency system, which has at its foundation, electricity and the internet.
Another reason that they put forth is the fact that gold has different uses apart from just being a store of value. For example, gold is extensively used in jewellery making. It also finds rampant use in industries like electronics, and medical services like dentistry.
However, to counter the same, Bitcoin advocates use the Blockchain technology argument, they state that modern communications, payments and supply chains can be built using Blockchain tech.
Conclusion
Whether, Bitcoin will ever be able to replace gold is something, which only time will be able to tell us. However, going by the initial responses, Bitcoin continues to show us a promising future. We will all have to wait and see whether we are able to see this reality within our lifetimes or not.
Tech
AI in Placemaking: How ERA-co is Using Smarter Data to Build Better Cities
ERA-co is exploring new ways to apply AI in urban design, utilizing data-driven tools to support more thoughtful and responsive placemaking. Rather than replacing human insight, the firm sees artificial intelligence as a partner — one that can enhance how designers understand and shape the spaces where people live, move, and connect.
This approach isn’t about flashy tech or fully automated cities. It’s about asking better questions, revealing patterns we might otherwise miss, and using that knowledge to make decisions rooted in real-world behavior. For ERA-co, AI becomes most valuable when it helps clarify how a city works, layer by layer, so design teams can create places that are not only efficient but also livable and meaningful.
Understanding complexity before optimization
Before talking about smart tools or predictions, ERA-co begins with a foundational question: “What kind of problem is a city?” Nicolas Palominos, Head of Urban Design and Strategy R&D at ERA-co, references the work of Jane Jacobs to frame this.
“As Jacobs reminds us, cities exhibit complex system behavior, where multiple elements vary simultaneously, in subtle interconnected ways,” Palominos explains. “AI can augment our understanding of these parameters to design better places with optimized social benefit.”
According to Palominos, that kind of social benefit can take many forms. It might involve modeling a housing system that supports proximity-based living, such as the concept of the “15-minute city,” or applying predictive analytics to anticipate and respond to events like floods, heatwaves, or infrastructure failures.
ERA-co doesn’t use AI to chase efficiency for its own sake. Instead, the firm uses it to gain a more comprehensive understanding and a clearer picture of a place’s behavior.
Data that matches people, not just places
Not all data is created equal. When it comes to placemaking, ERA-co prioritizes what Palominos calls “spatial and temporal granularity,” which entails not only examining how a space functions on a map but also understanding how people interact with it over time — from hour to hour, and season to season.
“The most valuable data are those with the greatest spatial and temporal granularity for observing people and urban environments,” Palominos says. “Video footage, mobile data, street view imagery, and satellite imagery enable a deeper understanding of how different groups of people perceive and use public space.”
One recent ERA-co proof-of-concept used AI to assess how people visually perceive streetscapes, analyzing elements like enclosure, complexity, and human scale. These insights informed more nuanced design strategies that align with local behaviors, not just abstract zoning plans.
This level of detail matters because even small design shifts can have ripple effects on how people move, feel, and gather. With AI, ERA-co isn’t just tracking patterns but learning from them.
ERA-co’s AI mobility work: Subtle shifts, broader benefits
Some of the clearest applications of AI can be seen in mobility — how people and goods move through cities. It’s here that ERA-co sees measurable gains in both function and experience.
“AI-driven fleet optimization balances supply and demand in bus services and bike-share systems,” Palominos says. “On the consumer side, it streamlines courier and delivery services through route optimization.”
These systems don’t operate in isolation. When they’re better coordinated, they can relieve pressure on road networks, reduce congestion, and lower energy use. But what makes ERA-co’s approach different is that it doesn’t stop at logistics. It examines how those systems impact the daily lives of people who live in and move through a place.
The limits of AI and the role of design judgment
As much as AI can help us see more, ERA-co is careful not to let it make the final call. Cities are more than just systems — they’re layered with memory, identity, and human connection. And not everything meaningful can be measured.
“There have been cases where AI insights pointed us in one direction, but human judgment and cultural understanding led us another way,” Palominos notes.
Sometimes a place functions well on paper, but feels hollow in practice. Other times, a community gathering space might disrupt traffic flow, yet provide invaluable support for social well-being.
This is where design intuition becomes critical. ERA-co uses AI to inform, not dictate, the design process.
Planning for a future in flux
Looking ahead, ERA-co sees AI playing a growing role in helping cities adapt — not just to top physical threats like climate change, but also to slower, less visible shifts in how people live and connect.
“AI will amplify our understanding of how cities function through enhanced spatial representation and analysis, informing better human decision-making,” Palominos says. He references recent findings (like an MIT study showing people walk faster and linger less in public spaces) as examples of trends that would have been hard to anticipate without AI.
Still, the goal isn’t to automate responses to those behaviors. It’s using those insights to reimagine what kinds of public spaces people may need in the future, especially as patterns of connection and isolation shift.
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