Bitcoin Forum

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Here is a good article from one of the Gold Realm's most outspoken advocates of owning gold, here he writes why he likes BTC even if gold guy Peter Schiff does not:

http://www.24hgold.com/english/news-gold-silver-same-as-it-ever-was-gold-bitcoin-and-rapidly-changing-world.aspx?article=10510119488H11690&redirect=false&contributor=Andy+Hoffman

He notes that gold and BTC are very different, and not investment competitors.

Highly recommended.

You know that gold is the most important factor to win the wars? even HollyWood  made a movie where aliens came to earth to mine as much gold as they can(Harrison Ford), gold other than having unique physical properties is more vulnerable to theft and robbery compared to bitcoin.
And I assume you're free to carry gold in airports while travelling from your country to another? no that's not happening but the advantage of bitcoin over gold is the digital form and ability to be stored essentially on the cloud(you can open wallet then using private key to easily spend any where in the world having access to internet.)

Hey, thanks for the share, it was a good read he almost covered all the bitcoin vs gold
discussion arguments here in our community. He even admit the he has holding bitcoin
as well although less than his gold and silver investment. If I may, I like to quote his point:

Which brings me to the point that I, and few others in the Precious Metal world (like Bix Weir and Jeff Berwick) have espoused for some time.  Which is, that whether or not you believe Bitcoin will “succeed” – as a storage of value, a currency of the future, or both – it is decidedly NOT a “competitor” of gold and silver.  To the contrary, they are unquestionably fighting the same fight, against the same monetary “powers that be” that have destroyed the world, and will continue to do so until history’s largest, most destructive fiat Ponzi scheme is inevitably destroyed.

This is so very true. bitcoin and precious metals can actually co-exist without
getting into an argument. Bitcoin can be another investment instruments if you
have golds and silver already in your portfolio.

This guy absolutely gets it and he even gets the whole " fiat Ponzi scheme " that is going on globally. The fact that cartels have been manipulating the value of gold, actually shows us why people like Peter Schiff wants Bitcoin to fail. I love physical gold, but I love Bitcoin more, because I think it can change the lives of the poorest people on this planet.

How many poor people can afford to buy gold? VS How many poor people already own some Satoshi's. ^smile^

That is good to hear, many bitcoin enthusiasts will be happy reading his statement and many will salute him. But both gold and bitcoin are good items to be invested at. Diverse investment is needed for a professional trader and bitcoin and gold would be at the top of the chain in trading. It is much better to keep both gold and bitcoins that way both investment will bring you more advantages.

Well as for today gold is very important in the real world but mostly people are staying on the internet so they value bitcoin the most and also they can't get gold as easy as getting bitcoin but in times of that well gold will rain supreme as always because gold doesn't change any price but bitcoin can change prices low to high but gold is default and stay's the same price :D

it should be treated like this mate, as far as competition those two holdings are not in the same state, gold have its own value and bitcoin have it too, but in investment aspect they should be hold separately and earn good from it, bitcoin is a new revolution while gold is the old fashion but still profitable investment.