Bitcoin Forum

I do not think Bitcoin is better than Gold and USD. Yes, Bitcoin is the most expensive and influential cryptocurrency of this period. Bitcoin preference is more than all the other crypto currency. Bitcoin acceptability is very high and it is increasing day by day. But it is better not to compare gold or USD with bitcoin. I saw many posts where Bitcoin is better than gold and USD. My point is that Bitcoin is the crypto currency, on the other hand, gold is one of the natural resources and USD is the real currency. So how is Bitcoin compared with gold or USD and is called Bitcoin gold and better than USD? Where Bitcoin Gold and USD are used in various different things and in different fields. Give your opinion.

Yes I agree bitcoin has no worth FOR NOW compared to USD and GOLD but youll see in the future on how much bitcion would be used in the future.With the ever ending improvement and development of our technology im sure that all traditional payments we do in our daily life will be replace by cashless transactions online and that includes the usage of bitcoin for sure.Plus how many times do members have to say this,bitcoin usd and gold is 3 different type of currency/storage of wealth,theres no need to compare them side to side they are all dominant in their own nature

Bitcoin is better because of its blockchain technology, and i understand why many investors are cofident about bitcoin. Its their thinking and belief so let it be, for now in real world bitcoin is just a future currency and no status of a better currency but in the future, this will slowly show in the world market. I will support every market, if its bitcoin time to shine then it will happen.

Each is unique in it's own way and has it's own advantage and disadvantage over the other. That is why there is no real point in comparing them, there are things you can enjoy using crypto that you can't with fiat/gold and vice versa. For examlple, true that bitcoin is more convenient to have and use than fiat, howrver, there are still things where you cannot use bitcoin as payment

Bitcoin is more portable than gold, since it does not require a vault to store. But it does require a private key, which can be tricky and is a source of many lost or stolen funds. Bitcoin also has more potential to increase in value because it is only 10 years old. I think both bitcoin and gold can be an essential part of a portfolio. Some people like the tangible nature of gold.

Bitcoin is good enough since it has a very good value and is comparable to gold, but i dont think it is better than gold because gold is way much better than bitcoin, my perception about bitcoin is that its value fluctuates, inceases and decreases its price or has the chance to be priceless in the future, but gold could not go down its price, its precious as its price increases as time goes by, so it is gold that is better than bitcoin.

There's no point comparing the three. there have been so much debate regarding this topic in this forum and yet a conclusion has never been made.
let just say that each investor see different things in bitcoin, gold and usd which makes them like the one more than the other and that will not change as long
as profit can be made in each of this three.

Maybe there are times that we can say Bitcoin might be better than gold and USD, when the price became so expensive and yet you're earning great with bitcoin. Indeed bitcoin is giving us more comfort in terms of virtual approach on money, but one thing made it less advantageous compared to physical asset like fiat or gold was due to the volatile character it has. Truly we experience bitcoin's profitable and remarkable potential price to become with, but we didn't know exactly when crashing of price will happen. For now it's a tentative idea for all of us, because the judgement is always uncertain to those who seek reliable answers.

I also think I have read a thread related to this you open.

My opinion is that you would have made your own opinion there and if you did, you would have left it like that instead of making almost or the topic.

However, I think the response will be individual and personal base on how we see and use bitcoin. Me, bitcoin is better because it can be used just as USD or gold but it creates more value including, as a blockchain technology.

just think of the advantages and disadvantages of each thing. Let me give an example of my case:

In my country it is forbidden to circulate on the street with more than $ 10,000 in the pocket

In my country it is forbidden to go around with gold bars

But I can circulate in the street with a flash containing bitcoin worth 1 million dollars that nobody will create problems and I will still have total control of my 1 million dollars in bitcoin

GOLD
- Have value and will always have
- Can be used to make jewelries, etc.
- Price more likely stable
- May used as a mode of payment
- Limited supply but still can't predict how many golds left

USD
- Worlds most recognized currency
- Can be used as a payment
- Can create more and more paper money
- Can be considered as a stable money

Bitcoin
- Online money
- Limited resources
- Anonymous transaction
- Volatile price

As you can see they have their own uses, advantages and disadvantages. They have their own uses as well and their own values, there's no need to compare them all.

My question is that Bitcoin Gold and USD are used in these three different areas. So how are they compared? Yes, Bitcoin is a much more effective crypto currency that is being used much more now. Bitcoin is now being used in many countries. But I still think Bitcoin was not so popular like USD and Gold.

I coupdn't tell which is better, but certainly one is always the lesser evil than the other. These three things excel in their own respective field and therefore have their own different uses. Speculative, I'll stick to bitcoin. Storage of value, gold. Fast transaction with physical stores: fiat. It all boils down to how would one use each in different scenarios, and if you think about it, not one of these is ever above all the three as they have their strengths and weaknesses.

People have been debating about this for years already.
They always compare Bitcoin with other currency which I believe is unfair in both parties. They have their own characteristics so I don't think it's justifiable to compare them.
Either gold, Btc or Usd is profitable and is a great currency.

All know cryptocurrency like Bitcoin is currently higher in price, than 1 gram of gold, the more sophisticated the world the more opportunities in investment.
That investment does not have to be currency or gold, bitcoin can also have promising benefits.

No comparison for them because they stay diffently with one another. They have all performed in their own ways. Gold in the past was all and all but the whole recognition has gone to bitcoin. We should be happy is happening in this era.

Bitcoin, gold, and or dollar are three different entity. They have their own characteristic and existence. So there is no point in comparing them because each one of them is unique on their own. Only thing is these three has a weak point and the weakest lies in one of them, maybe it's the dollar.

Yes. There's no point in comparing them because all of them are useful and are beneficial in meeting our daily needs. Bitcoin may have the biggest value when it comes to its price but we cannot fully spend it unless when we convert it first to fiat currencies. I think that's the biggest difference compared to usd and gold wherein you can make them as a mode of payment because they are legally accepted by the government.

Bitcoin will certainly be better than USD while the USD is inflated, affected by the financial crisis and many other impacts, the infinite supply of USD makes it easy to inflation. Bitcoin, by contrast, is showing the future of human wisdom, with finite supply and many other advantages in trading.

Bitcoin is better than gold and USD. A month ago 1 Bitcoin was priced at $ 6000, but now it costs $ 8300. Bitcoin prices change every day, and value increases every day, which proves to be a great option to replace Gold and USD. However, Bitcoin has a high value and high volatility, so the risk is higher than Gold and USD.

I beg to differ from the believe that bitcoin is better than gold or fiat money in this case USD. The uncontrolled fluctuations in price of bitcoin makes it a risk for investors despite the huge opportunity to make quick return on investment. To me I will rather ride the hype of bitcoin and invest my profit in traditional assets like Gold.

Bitcoin might have a bigger price and you can profit from it but clearly, that does only a little advantage over the two. Bitcoin is still useless if you can't transact with it in real life without further restrictions from using it. USD can be used in most of the places like in money changers in any other country. Gold's value is also high and can be sold easily. But in bitcoin, in some countries, they restrict bitcoin and can make bitcoin useless.

I don`t think bitcoin is better than gold and USD. Bitcoin is still new and the mere fact that most of the world`s population don`t know yet bitcoin means it is not better. Bitcoin is not stable unlike the stability of gold and USD.

Bitcoin is better than gold and USD as of now. The good thing about bitcoin is that it is profitable due to its instability but risky unlike gold and usd that is quite stable, yet profitable.

With this, Bitcoin is more far better than gold and USD. Life is all about taking profits from your investment, and when that's not forthcoming then something must be wrong. Let us be sincere to our selves, when you trade Bitcoin you get rich, and better stick to Bitcoin than any other, just speaking from experience, nothing comparable to Bitcoin when it come to currency or coins.   

gold sits on 2 markets. the commodity market (mined and sold for industry/product creation)
                                  the asset market(bought and sold for speculative prices for investment)

putting aside the commodity utility and concentrating just on the asset market. gold is similar to bitcoin.
both assets have an upfront cost for mining.
gold has excavators, sluice machines and diesel
bitcoin has asics and electric.

because it costs X amount to mine these assets give the assets a good underlying bottom value. where people refuse to sell below,
after all if it cost pennies to mine gold and nothing to mine bitcoin. those getting the mined assets would be happy to sell at any price and still profit. but would refuse to sell for less than the cost price of obtaining it.

USD is just paper and is dirt cheap to create a $100 bank note. and digital USD is just created from people signing credit/mortgage agreements. so USD has no real upfront creation cost. USD's value comes from laws such as minimum wage laws where in some US states a $10 bank note is worth 1 hours labour, but state to state this is variable as some states have $7.50 some have $15

this means from a point of view of basic value. USD is the worse store of value just looking at its creation/store.
golds store of value is the same as bitcoin. but has extra utility value(speculative) and worse tangeable value(heavy)
golds utility value(commodity) is higher as the whole world uses gold, whether it be gold tooth fillings, circuits jewellery, pretty sure everyone has something in their house that contains gold
the USD utility value comes second as hundreds of millions of americans use it daily(not as great as say china's billion users)
then comes bitcoins utilily value which is only a few million users

i don't know, gold e USD keep the value over time (slight fluctuations) I do not consider them an investment. Gold is an excellent refuge asset. Bitcoin is an investment with very high volatility, at the same time if one believes in the blockchain and in the decentralization, BTC is at the same time a asset of refuge and investment

There are differences and there are some same characteristics of all of these in the above. USD, gold and bitcoin are all assets. It could be added to your assets and liabilities. The differences are, gold is not that volatile when it comes to price.  Bitcoin and other cryptocurrencies are pretty much volatile. I can say that bitcoin is better than gold in terms of investment and bitcoin is not better than USD in terms of assets speaking.

I also don't think about such statements, even though btc, gold, and usd are different things and cannot be equated. They have their own functionalities and are very different, even though BTC and gold are still based on USD but that does not mean USD is better and although more expensive than USD does not mean the best BTC then even though gold is rarer than BTC and USD doesn't mean the best. All three have different values and in different fields, so we must understand that.

It is valued against fiat but not tied to any currency.   If you equal the total amount of gold against the total bitcoin supply it is as rare

Gold and USD is better than to Bitcoin because now Bitcoin is not that much of value but gold and USD value is day by day increasing so I think gold and USD is more profitable

I think bitcoin is not better than Gold and USD. Because
USD means United States Doller, The US Doller is the currency of the United States, it is the reserve currency in the world.
Gold would be second in this list and Bitcoin would be a third.
when it comes to investment plans, Gold would be the best option because of its longevity.
 As a speculative investment, Bitcoin would be better compared to gold and the USD.

in terms of profit income I see if bitcoin is better than gold and USD but for security and stability gold and usd are better because bitcoin has large fluctuations and is very easy to experience increases or decreases. so it all returned to each owner

Yes, it is absolutely right to not compare any of them. You've been able to catch my points. I wanted to say that Bitcoin, Gold, and USD are three different things used in different fields and their users are different and different in many areas. These three valuable resources are useful to us in different areas, so in my opinion, it is better not to compare them.

aren't they all used as money? so maybe the comparison is warranted.

gold is the most recognized of all commodity monies. in fact, USD and other fiat currencies used to be backed by gold and silver. now they are just free floating currencies but they are still used as money just the same.

bitcoin's properties make it an ideal form of money---predictable and fully transparent supply, finality of payments---assuming it works as intended.

Level 10 dead question in this forum I believe. How times and how many threads we saw people are comparing bitcoin with gold and better than gold.

https://bitcointalk.org/index.php?topic=21107.0
https://bitcointalk.org/index.php?topic=5548.0
https://bitcointalk.org/index.php?topic=11766.0
https://bitcointalk.org/index.php?topic=12945.0
https://bitcointalk.org/index.php?topic=39924.0
https://bitcointalk.org/index.php?topic=34320.0

Now yours, really tired of seeing thread comparing bitcoin with gold and relevant replies. You guys may dig and read if you have more interest on it. That is avoid some spam replies.

All three are very valuable and profitable, but gold and USD bitcoins have different movements and ways.
Bitcoin can move or rise at very high prices quickly and more profitably, and gold and USD have stable price values but not like bitcoin.
but all will end in the form of money in the currency of each country to be able to use any transaction without restrictions.

It is not about how better Bitcoin is comparing it to either USD or Gold. In my personal opinion, Bitcoin is just a digital version of money thus any kind of money used by people in this world. I see no differences in Bitcoin and physical fiat. Bitcoin is just an alternative representation of money which provide a more convenient form which gives any one the freedom to make transactions at any part of the world without difficulties.   

we only compare values.  I always say that gold is the best and not BTC.  fiat will be destroyed in the near future and BTC will disappear after the internet is gone.  so gold will last to the end.  gold not only has a nominal value but also has intrinsic value.

others got turned off by bitcoin's volatility but it's actually the greatest thing about it..that's what making people money and of course also losing money.

BTC was created to evade the USD, not specifically but it was. Therefore, USD is worse than BTC, simply because it is a state currency and without any ballast.

Gold is the universal currency of the worst periods. If the world is running out, bankrupt governments and etc, gold will be accepted by anyone. But gold has an end.

That is, BTC have ballast, ends, and can be used in both good and bad periods regardless of failed or failed governments.

These facts simply show that BTC is the best currency compared to gold and USD (In the case of USD, you can consider any state currency)

I agree with your opinion that bitcoin is better than USD and gold, if we compare between the three commodities it is indeed more profitable if we use Bitcoin, for the problem of bitcoin transactions more efficiently, there is no limit to the number, and the distance between senders and recipients, whereas if USD we have to use conventional bank transfers that require a long time and high costs if the shipping distance between countries. In terms of bitcoin security it is also safer compared to the USD that we keep in the bank, even if there is news about hacking the bitcoin wallet due to the negligence of the wallet owner who cannot keep the privacy of his wallet, while hacking this bank is not due to owner negligence but because of hackers who managed to break into the bank's database.

Don't like exactly.

People and there are a lot of investors that don't like the volatility of Bitcoin. Some people don't know the volatility it has the reason they are not ready to it. They lost money and then they run their mouth about it being something that so volatile it will die eventually. But they get it differently. It is the advantage of BTC and it is the reason why it is still alive and pumping.

Gold
-Need for electronics not money supply
-They stole it all before and banned it remember?
-In the future kind of fucks us. https://www.youtube.com/watch?v=Y7TLFyK_3Pk

USD
-$cam backed by nothing, we trade our time, work, goods and services for this $hit $cam
-Unlimited $hit $cam $lavery $ystem that trades for our limited time
-Fucks us now

Bitcoin
-Legit
-Can forget your password and the government can`t come into your house and take it.
-In the future kind of fucks us but not if traded for time

Time/Duration trading hours for hours
-The best
-Can be traded into bitcoin (see some of my other post)
-Kids born after 2045 have a chance to mine

https://www.youtube.com/watch?v=NT427lPhkXs

https://pbs.twimg.com/media/D78RRWXWsAAjOiS.png

how much you guys want the tax to be? like 20%? 10%?.... 1%

It is 30% here in Canada.

15% on income if you make a lot 20-33%
15% when you buy anything from the store with that income

min 30% tax in Ontario.

I won't compare between bitcoin and gold because it's different.
Bitcoin and gold have a different path for the people, but both bitcoin and gold has the same way in the investment thing.
So rather than to say that bitcoin is the best or gold is the best, I think we should use both bitcoin and gold so we can get the advantage of bitcoin and gold itself.
We can make money from bitcoin and gold and that is what we need to do ;D

I am not sure about this comparison because USD hasn't started to lost its importance that much. On the other hand, I could say that Bitcoin is better than gold right now.

Wise ideas mate we know both have great  investment was have different source of incone to make money. Very year was increase their price, bitcoin is very risk investment but if people knows how to handle bitcoin as source of income more than the price of gold rhey can get money.

Just see the price and how well they perform, if you hold btc the price will gradually going up and because its limited, the price will become more valuable, fiat value will keep on decreasing due to the inflation and continous money printing, gold is the most stable investment but the resources is really abundance, so the price moves really slow

The most easy way to see is you go buy 100$ worth of btc and gold after few years see how much they become

So you are saying that Bitcoin isnt a real currency? how do you consider if the currency is not real I think you have your own basis.

They are just comparing those make a healthy discussion and I cannot see any wrong with that, ok lets say for you USD and GOLD is better than Bitcoin but for most of us here Bitcoin is better, try to search deeper why.

USD and gold do have many advantages at the moment. but believe that changing times will always change. in the past everyone made financial transactions with the barter system and now times changes have taken place. Digital currency is the most rational thing in supporting various efforts of an increasingly advanced financial system. so I am very optimistic that there will be a change where the digital currency will become a major financial system in the world, someday it will happen.

Exactly! But as we can see, just by simply looking at the responses in this topic, people will always have a different perspective about this three. Others will always see that one is better than the other. While there will be some who will look at it differently. I belong to the latter. These three have their own strengths and weaknesses and their own uses and value. And as long as they are serving their purpose, I think they can all be considered better.

for now Bitcoin is indeed better than gold or USD, but its very unstable price is one of the weaknesses that investors fear.
but for some people the instability is an advantage of bitcoin, compared to gold and USD.

Bitcoin, gold and USD have own functin, have an adventages and disadventages depend on someone who likes it. If you are an investor bitcoin and using it as payment system or in other word you only use bitcoin in your daily live then you will like it more than gold and usd.

But for those people who likes gold or investor gold then he will like gold more than BTC and USD even will give cynical eyes when some people says that bitcoin is better then gold.

Also with someone who likes USD or for those people who comfortable use USD for daily live of course they will ignore everything about bitcoin because it's not real. But for me, I'll use all of them simultaneously because I need them to face my daily life. I can choose an investment in gold and also I have to choose USD for payment system cause till now just a few merchants who accept bitcoin and I have to choose USD.

Yes because it is a time to make fast money which is one benefit of bitcoin if you understand when it is to bull. This is because it is an investment instrument for wealth.

I'm pretty sure that wasn't the only reason why it was created. Knowing how guys who create things that shape history think, it was made for more than one important reason. But also at the end can be used to evade practically all fiat currencies in the world. It is particularly useful to evade currencies with high inflationary rates or ones that reach to "hyperinflation"(Venezuela).

But a also game changing technology behind it is something that none of those two have in this point of human history.

I dont agree with your opinion. It might be true that gold are more liquid and better than bitcoin. But i do think bitcoin is better than gold in term of investments, gold is so stable and low risk and bitcoin are still developing and full of suprises. So i do think bitcoin is better and will become better investments in future than gold and usd.

Well, you will not be able to control people from comparing these three. Money,  gold, and bitcoin have their own differences, it is true that we don't need to compare these but if we don't, people will not know the advantage of one to the other two. We should emphasize the differences between these three but that doesn't mean that we will be biased in telling these differences.

Bitcoin is better than both Gold and USD. The Gold is stable and its value does not increase as much as bitcoin value increases. For example if you hold gold and bitcoin for 5 years, bitcoin can give you 5X - 10X returns.
USD will also lose its value with the passage of time and people are looking for digital currencies instead of Fiat.

There is nothing common in BTC and USD. One thing is probably the same - both of the currencies can be used for buying things. However, if everybody takes your dollars if you offer them USD, most can refuse from virtual money.

United State Dollars is a currency, gold is a precious mineral and bitcoin as they say is digital currency. But to me bitcoin is not a currency rather an asset like a bar of gold. USD and Gold is widely accepted in the world not like bitcoin. Currently I really do not see the use case of bitcoin though we say you can buy and sell will it but the question is what exactly do they buy with bitcoin? I see it to be a mere say. It is high time we started chopping bitcoin rather than making in an online currency with only buying and holding for better price.

All three can't be compared, every one is unique and have their role on economy, but if compare price then bitcoin is more expensive than gold and value a lot of USD. And bitcoin and gold can be used to get profit more than USD.

The dollar is much different from gold, and Bitcoin, in turn, is very different from both of them. It is impossible to say that one of them is better, some worse. These are completely different financial assets with their own characteristics and disadvantages. In general, they will complement each other and walk in society together. If gold and the dollar have already taken place financial assets, then Bitcoin is only developing.

Bitcoin can be use as money (payment system) can be use as an asset (such as gold) for these factors you will know which one is the best? I believe bitcoin is better than gold or USD because I can use bitcoin to feel how can I use bitcoin as an asset and how can I use bitcoin as payment system. This is a matter of times, sooner when all people know bitcoin or at least they understand how bitcoin work then it's time to make it happens.

Indeed, the three are different when viewed in terms of the physical, but if we look at the investment side they have the same, all three are very much made into investments. maybe the purpose of the OP is to compare the three towards investment.

Gold, usd and bitcoin have different good result for us. Before I think bitcoin is better compared to the gold but now my thinking now because gold still good investment and also USD because other people invest it and convert it once the rate high to their currency. All of this we can earn money and possible also to earn big money or turn as to become millionaire.

Bitcoin was recognize as the most leading asset of all currencies that has been resemble by many people and held for too long. Thus, gold and usd has its own liable way to used appropriably. But I think it is about an individual speculation on how we overview the aspect in order to benefit it different perspection.

what makes bitcoin different from gold and conventional currencies is the technology. and has an equation with gold and conventional currency from its trade value. so now technology has a value equivalent to gold and conventional money depending on needs

Yes I think that bitcoin is better than gold and USD, the reason is that the price of bitcoin is almost always up and the total supply is also limited, and also cheap transfer fees

As for my own opinion it is better the bitcoin if you are investor but if you are only a normal people it‘ll be better to you to use USD.The difference between the two of this is bitcoin price is quickly moving and its goes high sometimes and the USD is still with a little bit of moving price.

Will agree with you from your point of view. Adoption is what we all cleave for and when this happen, no other currency will challenge Bitcoin again. Many are afraid of Bitcoin becasue they look at it as a coin without general acceptance from the masses. Although we are very closer to Bitcoin adoption period than never.

We different beliefs about bitcoin, gold and usd and we know what a differences of this three they have value but different ways to earn. Bitcoin is like or same gold and usd value even its volatile the one different of bitcoin is more technical than to gold and usd that have stable price unlike to bitcoin.

Gold stable because it has existed since centuries that is my opinion though, Imagine if bitcoin market capitalization is as huge as gold then bitcoin will definitely have the same chance of being less volatile too.
However we can't hinder the fact that we are nowhere to compete gold, maybe bitcoin really need to finds its place on people's mind as a digital version of gold

For me yes, there is nothing you can compare to Bitcoin in terms of profit, if you are professional and lucky enough to have bought in right time and reight moment. You could have been a millionaire if you bought Bitcoin at it's early stage and hold it up until now. And if you compare it to USD it has never been the same or catch up with it.

Look gold is basically cave man money. The only people shil;ling gold are desert survival nuts and moonshine brewing hillbillies

Bitcoin lets you move value 100000000x easier and faster and has a limited supply. its only a matter of time before BTC replaces gold as the safe haven with the added bonus of convenience, liquidity and being compatible with the 21st century

We cant compare bitcoin  of it's growth over USD because we shouldn't have to, in fact, we are using USD as our reference of bitcoin's value.  If we analyze them carefully,  they are nothing to compared of.  
What is the good thing with bitcoin is that,  it change its value and it makes people become profitable which we can't found into USD  and Gold.  And that is why,  many will preferred to invest bitcoin than of gold.

So bitcoin is much better when we compare to usd and gold, because btc is acceptable in all not like in gold and usd. Time comes that people notice that not usd or gold are much better. Even for investment btc has give a high profit in just a few days only.

I do not totally agree on this statement but if you really think about it you actually have a point. We should not eliminate USD or Gold because they are our natural resources of money and many people will complain for sure if it happens. Bitcoin is the modern currency it is actually made for those people that are having difficulty in using cash like carrying them. Also, bitcoin fits in our generation which is technological gen. and most people prefer easy transactions like what bitcoin can do. So for me as a modern people, I still prefer bitcoin rather than gold and USD.

Even if we do not USD and any other currency will self destruct because of the so called inflation.


Gold can't be eliminated even if we wanted it to be.  It is the best store of Value and currently the most perfect representation of money.


You can always carry a credit card, or a debit card.  Why carry a case  of money when it can fit on a wallet by means of cards.


but the situation does not allow you to use Bitcoin in your everyday needs even if you  prefer using them.  This simply conclude that Bitcoin in some aspect maybe better than gold and USD but both gold and USD is way better than Bitcoin at its current state especially when it comes to store of value.

In terms of pricing, 1 Bitcoin can be far higher than one bar of gold. But the sad news is that, even if there are fluctuations with the price of the gold bar, it cannot be compared to that of Bitcoin. It is a volatile coin and its value cannot be predicted all the time. It keeps changing.

All of them have advantages and fit our needs on different moments. I believe there isn't a better or worse, the 3 options are fine and I would have access to all if I could.

• Usd represents fiat, it's the best currency to use daily as it's stable and keeps our financial life organized;
• Then we have gold, that is also stable, but not inflationary, so we can use it to store our money, escaping from devaluation, however it's not so easy to have access to it, and a decent investment is needed;
• The last one is bitcoin, the most profitable so far for those who want to invest low sums of money. It helps us connecting to the virtual financial world, opens a lot of new opportunities, but it's still too volatile to be used daily.

I can see benefits on these 3 items. They share similarities, but they also have their unique characteristics.

We say that "Coal is a black diamond", it's just that. But, it does not have any meaning if the effectiveness is seen from its direction. Because Diamond is always Diamond. Coal can never be diamond. That's exactly what I think, why not increase the price of Bitcoin, Bitcoin is a Cryptocurrency And it will be the whole life. Never be Gold or USD. Because Gold is a mineral resource. USD is a USA currency. So regardless of how they are compared, these can never be the same.

That said, if Bitcoin really is the second coming of gold, what does this mean for its future?. Once investors realize that gold doesn’t perform as well as BTC, asset prices could reach $100,000 per coin. However, the U.S. dollar is similar to a Ponzi scheme, meaning additional money could come to it as time goes on.

Well, literally to be honest it is indeed better than gold and USD$. Probably, because of volatility of Bitcoin, though the reference value of Bitcoin was based on USD, but Bitcoin for me is not competing it anyway any form of business in online too. Although, if you are going to look at it literally, it has a similarity of ponzi scheme but the truth was not really actually.

As BTC was not well-publicized as a means of payment, or even currency itself in society eventually became a reserve of value. And from this reserve of value we have the great speculations.

Well if I walk down the road with either cash or gold I might get best half to death for it. Of I use credit card and bitcoin no one needs to know how much I have. I don't even kike the government to know how much money and asserts I have. It has nothingv to do with them and the fact they have access to all this info annoys me and is why I like crypto. Even if you rich you can have your finds frozen because apparently other people deserve more power over your money then you do. With bitcoin you cannot take it from me.

Bitcoin is more volatile than the other two assets, so it can be attractive as an asset for many people. Gold has been a dependable store of value for millennias and works similar to Bitcoin in rarity and popularity. I would carry some of both Bitcoin and Gold.  ;D

IMO bitcoin is better than USD or fiat currency but no better than gold
what makes bitcoin have value is how to get it
to get it we have to mine using equipment that is not cheap (this is an investment in the form of mining equipment)
while on the other hand USD or other fiat money actually has no value
we are forced to believe in the value of this fiat currency

I have to say bitcoin is better than USD but not on GOLD. Gold is still one of the best investment because of it's price stability, it's value never goes down while bitcoin on the other hand is volatile you will never when it will goes up or down.

maybe what you say is true bitcoin is no better than USD or Gold. but that might be your perspective in comparing these three things in terms of risk because USD and Gold have a low risk because the movement of the price is very slow. While bitcoin is more at a higher risk but if the risk is higher then the profits that can be obtained will also be higher because the bitcoin price is still not stable

I really don't think bitcoin is better than gold or usd, reasons because they are totally different from each other with features and functions, bitcoin is a cryptocurrency, usd is fiat currency and gold is a valuable element and each have a distinctive function it performs,
You can't use btc or usd to make earnings, rings watches and so on.. but you can use usd to buy this items and maybe can also use btc(under probability)
usd is use for anything transaction and same as btc but only that usd is universally accepted,
Also the 3 can be considered as a store of value, so to me each of them has their own importance and differences.

Bitcoin and gold can be both an assets. It is not justifiable to compare the physical gold to the digital bitcoin. They have strong differences. For the one's who are open in new investments and technology, bitcoin is better to choose from. But the disadvantage of this is the flactuating price while gold on the other hand is increasing it's value as the time goes by. Anyhow, we can still prefer both and we don't have to choose any of them.

I think Bitcoin is the most crucial coin, because it changed the area of economy. Of course, it hasn't stability but I know also this aspect will change. There so many negative comments about this, but are you perfect? Every day everything changes, all is stream. But how can we compare these things, they are related to different economic sectors. But what I can say with confidence is that this question is relative to money. And if we tie it with this resource, then everything is based on the fact that Bitcoin wins. Do you have another opinion? Please share with everyone!

I don't know, in this case bitcoin also still depends on the price of USD, and also gold. however bitcoin is not so perfect, because there are still many countries that have not accepted bitcoin as a substitute for USD, so most people exchange bitcoin with USD when they want to use it in a country that prohibits it. but we can be sure that this technology can compete with those two things.

Yes.Bitcoin is better than gold and USD. Because day by day its prize go up and up.After the world's first bitcoin transaction on 12 January 2009,bitcoin prize was 0.003 in 2010.Today the prize 7500$.Just compare the prize.More than 10000x growth.Have you ever seen like that?And it will go up and up some says it will go up to 100000$

I think that you should conduct an experiment and send from point A to point B for example 30,000 dollars.  But only in one case, send 30,000 dollars in dollar equivalent, and send another transfer to Bitcoin.  You should compare the time after which you can get your money, as well as the difficulties that must be accompanied by a bank transfer and due to the receipt of Bitcoin, Or maybe even its cashing.  And then you will have a real answer to the question posed. Which is better.

I don't know of any restaurants, grocery stores, clothes shops etc... in my city, accepting btc.
Institutions don't accept btc either as payment method.
Probably I misunderstand what you mean by acceptability.

There are some online shop and physical shop in various country that accept bitcoin but it is not known world wide locals knows about it, if you search there is a list of it.
bitcoin can never be as good as gold and fiat and that is a fact, the price can blow off the roof in the end it will be converted to fiat.

I know about such lists.
My point is, these listed shops: 0,000... how much % of the total existing shops do they represent?

Bitcoin has maybe a higher acceptability compared to 10 years ago, but overall speaking its acceptability is near to zero.

@cryptocaster,
You are talking about physical gold.
How about gold certificates?
How about a gold-backes stablecoin?

Easy to handle just like Bitcoin
More accepted than Btc in stores because of tradition

As of the present situation, USD ang GOLD is much better for now, because those things run the market today, bitcoin has just started sooner or later in the near future when bitcoin accepted worldwide in terms of all types of transaction, thats the time we say YES it is much useful compare to USD and GOLD.

The problem with gold is that it can be stolen. Physical gold can be stolen from your residence, or even from the bank lockers. Paper gold (ETF) is even riskier. If the issuing authority undergoes bankruptcy (which is somewhat common nowadays), then the ETF units may lose their value. Here is the advantage with BTC. It can't be stolen. Even if someone steals the hardware wallet, without the password or PIN, he won't be able to spend them.

Bitcoin has their own style , so do the gold and USD.
Remember that bitcoin has volatile value but it can yield you some profit more than you can achieve on gold / USD

Learn their characteristic so you can find the advantage from it !

Bitcoin is definitely better than USD, but I am not sure whether we can compare it with gold. The United States Dollar is losing its purchase value ever since the first dollar banknotes were printed. Just check this chart, and you will understand:


Now we can't say the same about gold, because its purchasing power has remained roughly the same over the years. Gold does not have to deal with the issue of federal debt and inflation (which drags down the value of the United States Dollar).

Gold is one and the USD dollar is different. I think it is a different position in its position. There is no comparison with anyone. That's why I think bit quotes are not just about anything else with it. However, yes bit coins run out of them at one point. It will not be more day long.

Bitcoin, gold, and USD are different, but the three are much in search by investors. The point of the line can be used for investments and benefit by having it. Bitcoin and gold more in comparison from USD. Because Bitcoin and gold have a price that can experience changes higher than USD. But for me, Bitcoin is an investment with the highest potential, even if it has the highest risk.

The gold prices have gone down heavily since 2011. It has been almost a decade and they haven't recovered yet. The demand for gold has gone down in countries such as China and India. People no longer consider gold as a safe asset. Or may be the case is that many of them consider gold as over-priced. I either case, I would say that BTC is a better option.

Yes.Thats true,Still we having difficulties.Time,transaction problems and many more.If more more demand come to bitcoin.That would be work like a force.Then they will have solve the this transaction delay in bank or any other places."bitcoin accepted" will spread and all other problems will be solved

Actually, it is very hard to compare with your regular needs. I need Gold, USD and Bitcoin all! Because they are money and everyone runs behind money. But if I have to pick one, I will go for Bitcoin obviously! Bitcoin has a great future no doubt, it's technology is making things easier! Gold is the natural resource it is not currency in my view, USD has lack of freedom and transparency! Where cryptocurrency is being accepted as a payment method over the world!

I'll go with bitcoin too. Of course gold and USD are too far from bitcoin once compared but i think there's no need for them to compare because they can be both beneficial in other ways. While bitcoin is still considered as a cryptocurrency for now waiting to be legally adopted by the government, USD is already a real currency that people are now using and gold continues to be a natural resource.

I am also of the believe that bitcoin is not as important as the USA dollar but bitcoin can still be of more value to the public than gold. But this would not be easy and it would require much patience and time

it seems like this kind of topic will never be debated. In my opinion there is nothing better, of the three, each of the above has positive and negative sides. It's better if you know when and how to use these three things.

Use GOLD for long term investment, Take USD for daily and mid-term, and Bitcoin depends on the market situation.

each person has a different choice, and among these 3, I of course chose gold. however, bitcoin technology is the best technology I know today that I can use well. bitcoin teaches many things for me, especially in business. it's just that, it's quite difficult to compare it with usd and gold, because I think bitcoin also still has a great need for both of them.

In my opinion, Bitcoin is like gold and may be better than gold because of its availability and acceptance, bitcoin can be used to buy Pizza and gold does not, in terms of security, bitcoin is at risk of being stolen. More than gold, in one way or another, Bitcoin and gold all have different advantages.

I think everything in crypto really depends on how to do such profitable action it is depend on us. I think bitcoin is better than gold and usd in terms of investment. But as what i have said it is always depend on our strategy and patience because crypto is really unpredictable.

Well I don't think it's on us to make decision of personal investments by the people , the stats shows that now people are shifting more towards Bitcoin and other cryptocurrencies .

Even USD have shown very less growth this year and also gold is something that does not qualify to be sold in an instant or to be brought, it's not that easy , with cryptocurrencies you just sit at home and click .

Yes I agree that it's a more safer option when it comes to money Saving and such because it would always be supported by the people and by the government but ! At the same time we with higher risks are getting more profit.
This I think it's just tit for tat.

For hundreds of years, gold has dominated the position of a paradise storage asset and does not know whether Bitcoin is a real threat. Between gold and Bitcoin there are still small but meaningful differences in investors choosing: Transparency, Safety and Legality

For safety and legality, most of the investors will choose to remain as traditional investors. While most of the new set of investors living in this generation would love to have bitcoin as our new trend of investment.

If someone has most of his investments lies to USD, he can say this easily but if someone who's into bitcoin, I doubt that he'd tell it.

I also think that it makes no sense to compare bitcoin with gold and the US dollar. It's completely different. However, I saw that compare the graph of growth of the price of gold and bitcoin. Maybe it makes sense, but I don't think it does.

Each of these values has its advantages and disadvantages. I think that they should not be compared, because each of them has its own function and purpose. Each investor chooses for himself what to buy based on their goals, which he wants to achieve.

Many guys will argue with you. You may not use the banks to hold dollars: just place them anywhere and use them anytime. Bitcoin depends on many things, including the simplest stable work of the Internet.

if for investments that get a big profit but have a big risk too, then Bitcoin is a better choice than Gold and USD, but if you want to long-term investment and of course have a small risk, then Gold and USD are the right choice, but I personally recommend that if you want to get a big profits quickly then Bitcoin is the right choice at this time, because of the increase in the price of Gold and USD is very slow compared to the increase in Bitcoin prices (although the risk of investing in Bitcoin is very big, but at least for now you can still get big profits by investing in Bitcoin), unless you are afraid to take a big risk, then I suggest you to invest in Gold or USD, because the risk is smaller than you investing in Bitcoin.

You really can't compare Bitcoin and gold and usd, to each other , they all have their field, their advantages and disadvantages and and situational use, if you really want some long term and slow profit without having to worry about anything than you go with gold, if you want fast profit than you go with bitcoin, however you can say that bitcoin is to the cryptocurrency market the same way gold is to the real life markets.

You are saying that you can not compare Bitcoin and gold and usd to each other but your reply just proves the contrary ::)

Sure you can compare as take this for instance:
- Bitcoin is a decentralized virtual currency which has a value and you can trade it whenever, where you like as long there is support online for it -> fiat.
- Gold on the other hand is much more rare thus only few real life exchange shops will be able to change his value -> fiat.
- USD can be traded on every online exchange that can make such exchanges as well for any countries real life exchanger.

Not, although bitcoin can facilitate the transactions of many people. But I believe Bitcoins will also perish, because gold is a real future. But, Bitcoin is also better to use now.

Gold has been in use for thousands of years and you can't destroy its value by any government or central bank action. Also, its demand and supply can't be controlled by the central banks. Bitcoin has many of these characteristics. None of the central banks can manipulate the supply or demand of Bitcoin. But it is relatively new and there is always a possibility that some better technology may replace it in the future.

people thinks so. because price changing rapidly in bitcoin.  but USD AND Gold Are stable.

I think can not compare between gold and USD with bitcoin because have different functionality. Bitcoin used for peer to peer transaction and now many people use as digital asset. For Gold, some people use it as jewelry and some use it as safe haven. I think USD used for international trade and that three coin can not compare each others

Obviously it must be different between bitcoin and gold, from the price alone it is very different, because bitcoin is unpredictable and can go down and rise at will. different from gold, the price will not be far behind when buying and selling it again.
true bitcoin can already be used as a payment tool in some developed countries not with gold that must sell it first. the matter of security is clearly safer bitcoin compared to gold, because bitcoin is placed in a wallet that has been proven good if we ourselves don't make mistakes.

In terms of profitability, my vote is on Bitcoin but Bitcoin is internet based and a combination of  code in a computer, gold is very valuable in the real world but the profit is not as high if you compared it Bitcoin and about a dollar, it has great uses whenever you go each one has an advantages and disadvantages over the other.

be aware to listen people here.....if we compare bitcoin to the age of people bitcoin is truly only like 4-5 years baby/kid.....

i just fucking lazy to go to detiles and equation and other shit.....but people who think that bitcoin is in the peak are totally crazy and i mean this..


do you fucking know how much 1 bitcoin can worth the number is fucking astronomical and scary....ASTRONOMICAL ....

be aware to listen to uneducated people if you have great question go to some math pro teacher and he will show you the power of btc and which equation to use to get to this number...

who think he lost the train of bitcoin is sorry to say so fucking dumb and dont know anything in math and economics and other shit....

but people love to to throw shit without any deep research until they hit smart people in some table and you know how it goes from there


....

the price per bitcoin can be fucking astronomical and scary and if we compare the age of bitcoin to people age bitcoin is only 4-5 yeaars kid in this planet wait when this grow .....

i dont talk about from when the idea came

If you consider in last 5 years it has given the best returns than even gold or Usd for that matter . People have become millionaire or billionaire if they had bought early stage bitcoin and sold in 2017 high . So btc is definitely  the best when it comes to returns.

:)

bitcoin will replace them... usa in 20 trillion debt do you know whats its mean....now the usd affect other paper money as world main currency..

alot of coins in the world dont have value like india russia israel ukrine china and other shit.....the replacment will happen fast....

+-------->>>>

business will happy to be paid by crypto because the prices slowly go up....this is very deep deep ...this is where it will explode so hard....compare to russia crappy coin or india or other shitty coins which not worth nothing and not only this the main currency which affect all of them is in 20 trillion debt


hell only smart economist can understand this...


its million time better then usd you already read the answer and gold will be nothing compare to btc...

be aware to listen people here that throw answer without any education better go to smart economist and smart math teacher he will explain you

then compare to all what they say....when people run after money they fall in scams and also very dumb and simple things dont understand the irony of life compare to people that come to change and the money run after them hhh

Everyone here ignores a very important fact. United States Dollar is the reserve currency of the world. But that status is not permanent. Until the 1930s, the Great Britain Pound was the reserve currency of the world. USD got that position less than 100 years ago. And there is no guarantee that USD will remain as the reserve currency for the next 100 years.

https://www.corbettreport.com/wp-content/uploads/2019/04/reservecurrency.png

Definitely, it is, there 's no investment of that kind imagine from a few cents it has grown to five digit value and it this happen within ten years, possibly the best investment we've heard and investors can make a profit over and over gain, if they have belief and patience.

Well Gold is at very high price so if we invest on GOLD so will not get enough profit but at the moment Bitcoin and other top crypto's is the best investment I believe. Agree with you mate few cents to $20,000, we can expect that we will see again that digits in few years/ very soon. 

When talking now that the crypto currency is getting better then I say that bitcoin is better than gold and USD. The development and movement of bitcoin is so fast that it does not rule out the possibility that the bitcoin situation has dropped and bitcoin is no better than gold and USD. At this time bitcoin provides a pretty good advantage if we can trade with bitcoin actively and routinely daily. But if we look at the conditions of last year, I prefer gold or USD for investment fields.

Bitcoin will never hit $1M b/c it doesn't have the right economic nor developer infrastructure that is required to hit that kinda of valuation.

The Bitcoin protocol is 'stuck' in ideology. A 1st gen of the past. No tech in history has ever hit mainstream w/ that type of design.

Dash is in front in many aspects, but the volume is too low yet. When people start to realize $dash as the best alternative we will skyrocket from 0.018btc to 0.1 in few weeks. DASH is Digital Cash!

https://twitter.com/JesusCrypto33/status/1138478543619407872
 :o :o :o :o :o :o :o :o :o :o :o :o :o :o :o :o :o :o :o :o :o :o :o :o

Yes bitcoins are better than gold USD.Bitcoins show an rapid growth in volume as well as price if compared to gold or USD.

:)

simple equation to know what the astronomical value can be for 1 bitcoin ....zcash also was hit huge spike ....who was there know what the price was even it falled its only show where it can get....do research very nice price

If we re talking about the idea, yes it's better. IF about the adoption - USD is still the top. I don't really realize why do we still need gold btw.

You really cannot compare anything to bitcoin and it is a fact, the function of gold is a shiny metal and people consider it as an investment for centuries and the fiat dollar like any other fiat currency is being printed by the government according to their needs, but that is not the case with bitcoin, every transaction you make will have a recorded history you can track everything and it is the biggest advantage of them all.

Bitcoin, Gold, and USD are different in every way, but the only thing they are similar is that they gain/lose their value from time to time. However, for now, as cryptomarkets are still in an unstable situation because of regulations, Gold and USD are still dominating our financial market. However, we as crypto believers, we know that one day Bitcoin will be used and will consider as currency by all of the countries.

Bitcoin is not in idealogy? What are you talking about? It is useable and applicable right now.


Bitcoin doesn't need to dominate the market in order to be applicable. It already is. It has proven itself again and again. It is just in development and like everything it will be updated in time.

There is nothing to compare Bitcoin into USD and Gold, in fact, they haven't of the same usable platforms.
We know Gold and USD before and still, it shows what really they are in the market and playing a big role in our life.
Bitcoin is just new to us and not all of us even knew about this but it proves something that could make people see it a more profitable investment than of real stock investment causing some of the gold investors jumping into Bitcoin/crypto investment.

I think it should goes like this, gold and fiat currency or usd is better than bitcoin. I say like that in such way that gold is better at any time, for investment it is also better since the value of gold increases every year, unlike bitcoin that fluctuates and has an ups and downs.

Bitcoin is a strong form of currency as it is easily exchangeable and fungible. Rarity is one Bitcoin's strong suits as miners have become expensive and computationally heavy, while the price of the coin itself is now in the upper thousands.

Gold still has its value and is an excellent store of value. I would recommend keep some of both, and avoid having too much dollars. There is an easy way to exchange between Bitcoin and Gold. See here (https://www.smartbitcoininvestments.com/how-to-buy-gold-with-bitcoin/).

I don't basically understand why people will have time to compare Bitcoin to either Gold or USD than educating the world about the uniqueness of it and how its wanna transform the way businesses are done and also impact the entire financial ecosystem. I don't really think its advisable for such issues to be in the crypto space.

Bitcoin

Decentralized
Anonymous
Technology (Backing)

Gold

Central Control
Commodity backed
Low Volatility

USD

Government issued
Gold backed
Increased usage

Each vary with one another on different factors making one better than the other. Some believe bitcoin features to be best and that gives an opinion of bitcoin to be the best. In such a way is with gold and USD. For majority of the users to have such a thought of bitcoin to be the best it takes more time depending on the increasing usage and adoption.

In other words, gold is for investing, crypto is for gambling  :)

There is slight different way to distinguish the role of gold and crypto:
gold is the best money (store of value)
crypto is the best currency (easy to move, secure, fast, cheap)

shit how people dont get it or they live under rock to do simple research and make simple points this vs this....hell so sad to see this...this is very simple to do this kind of research...what will be when people like this need to invest it will be fucking comedy because they dont trust them self and depend on others which most of them is shit....


do you fucking know how much 1 bitcoin can be worth dumb ass kid ???? do you fucking get it even on what shit you talk usd or gold

the paper can be print and usd is backed by 20 trillion debt of usa which almost kill th euro, and other paper money are shitty like russia and india and other shit....simple dumbster no how the fuck you cant get to this simple facts by alone or at last post quality post and other...hell stay away from investing in crypto save your dumb ass better go by gold hhhhhh see you in 20 years what kind of profit you will do .


gold dont give profit all the ones that invested to gold know there profit is so small its fucking shit not talking about if you have huge amount of gold you need to protect it and much more other stuff ...who the dumb shit that compare gold to bitcoin

gold hold value but the price over 100 years and profit is complete shit

hell i so happy i know this simple facts this is why i saw the papers of nakamoto team i know this shit will hit huge ...its not scam...but dumbpeople cant figure them self things and trust others which mosyt of the more dumb hhhhhhhhh hell its so simple what will happen when things bcame more complicated and more knowledge and logic we need ....

Each have their pros and cons,for bitcoin the increasing price over the year is great advantage but still it has unstable value in short term so it can't be used as a payment mode.

Gold has most stable value but the liquidity can be an issue.

USD has inflation. :)

i think in the future lets say like 5 or more years btc would have been a better investment then both gold and usd combined, thats what i think, but only time will tell.

Right.They are much different because they are not the same in usage.What is only similar to them is that they are both good investments knowing that bitcoin for now is not fully accepted by the government and so it remains to be a good investment for now.While USD is a real currency wherein it has its own value that are mostly benefited and used by the people.

yes I also agree with you that Bitcoin is better than Gold and USD because of its blockchain technology. Many investor invest here and Bitcoin is becoming more popular with people every day. Most of people try to earn more and more from Bitcoin

I agree, but how about merging gold and blockchain?
How about gold-backed Stablecoins?
Would Bitcoin be better than gold-backed Stablecoins?

There are certain things that bitcoin has over gold, USD, or USD or bitcoin, and gold and vice versa. People should stop debating regarding this since it is clear that each has it's convenience and has their unique characteristics. Bitcoin can be profitable, however, mass adaptation has not reached it's peak yet, thus making it unacessible to some areas, making it worthless and indispensable.

As far as I know the price of Bitcoin was base on USD$, and Bitcoin already surpassed the price of gold in the market too.
Although, they have their own good features in terms of its price value in the market. But, the masses got easily embraced bitcoin
characteristics compared into gold and USD in my opinion.

The " real" currency is just a perception and nothing else.
Biggest advantage of BTC over gold and USD is that everyone knows how much BTC there is and how muc there can be in the future.
    It is not possible to do that with USD, because it is being emitted digitally and physically on daily basis.
The same goes for gold, gold is being mined constantly. And much worse, the digital financial instruments have allowed the gold amount being manipulated as well. So based on these arguments, BTC is way better option than your so called " real"  natural gold and " real" currency.

For investments I prefer bitcoin because of faster price movements so that greater profits can be obtained. But it's not stable so the risk of loss is greater than investing in gold or USD.
It is speculative if investing in bitcoin, but large investors always act on business considerations, namely the risk of large profits. If you invest in a product that has a stable price, of course it is fortunately small.

There's difference of view on all the three. When it comes to bitcoin people find the price volatility a big issue while some consider it as the strength of bitcoin. In other means, such as the popularity and for common people usage gold and USD gains the preference as it has got years of history and the liquidity than cryptocurrencies with access for legal uses.

I think bitcoin is better. But we cannot compare bitcoin to gold or USD, these are different types of assets and they have different advantages.

The difference is so obvious between these three subjects, if we think about investment, bitcoin is always the best when we here understand too clearly the reason for this problem, but when considering storage and use for daily life, the value of USD is guaranteed for this problem, while gold is always in the middle of bitcoin and usd, storage is good, investment is good, but the benefits are only relative. Bitcoin, gold and usd have so many different utilities, arguing which one is better will never have accurate results when all three are used for different purposes

Anytime Bitcoin is better than gold and USD as it is an amalgamation of both with the best of the feature, it is a digital asset without any country-specific barrier.

today bitcoin is the best asset for investment and this is true.  Never gold or dollar will be able to give such a profit, which Bitcoin gave many users of cryptocurrency at the end of 2017.

basically bitcoin is just an asset that is used by many people who can facilitate all transactions that can be done from anywhere so many people make bitcoin an investment asset that has valuable value. but when compared to gold and usd, bitcoin is not one of the promising investment assets to be recommended so that everyone can benefit if they invest in it, in terms of the risks faced by bitcoin certainly have a very high risk to be used as a form of investment because of its value fluctuating so it is very easy to change so fast, and not recommended to be used as a form of investment for people who are not ready to bear all the risks that will be faced in the future

We don't even know what will happen in the future but people are speculating that Bitcoin will fail though Blockchain technology is what will remain. It is a possibility but I don't think people or investor will let it happen.

You are right bitcoin, gold and fiat have weaknesses and advantages in each field, often the use of comparing them because of the same currency and maybe as a place of investment, all three also have value, for me it is natural things for someone to say opinions about these three things . It's just that to say who is better is impossible because of different places.

Bitcoin has remained strong more than a decade after its creation. The death of Bitcoin was predicted by numerous analysts and experts during this duration. For some, the ban by China in 2013 was a possible reason. For someone else the listing of Ethereum in 2015 meant immediate death to BTC. And even in 2017, a number of experts were predicting death for Bitcoin, after Bitcoin Cash and some other coins forked out of it. I am sure that such predictions will come out in the future as well, for different reasons.

Bitcoin is something whose value and feasibility in the future will be decided by how everyone adopts it. Many nations are quite supportive and we already have a thriving BTC economy but we can't really predict how it turns out later (much later).

Fiat or Gold. They were, they are and they always be a part of economy.

Can't say the same for BTC or any other cryptocurrency.

~YoMamaSoFat

In my opinion, it might be far better than gold and usd.
The price of gold is influenced by some fundamental news, some of which are the inflation rate, monetary policy, and the value of the US Dollar. In addition, another strong indicator that has an impact on the price of gold is a global factor which is generally called uncertainty. This is where the reputation of gold as a safe haven asset comes into play, because investors usually choose to 'take refuge' in the value of Gold when the market is hit by geopolitical anxiety and instability.
Like investment in other fields, gold investment will indeed have its own advantages and disadvantages.
With its physical form, gold does need a place of storage. And because it's easy to carry everywhere, gold is also vulnerable to being lost and also stolen. So be careful when you save or invest in gold, the existence of fake gold, investment in gold must be in large quantities to generate profits that are also large


Dollar which is one of the highest value foreign currencies always attracts people to invest. This dollar investment is vulnerable to foreign currency inflation. Inflation itself is the process of increasing prices in general and continuously related to market mechanisms which can be caused by various factors, including, increased public consumption, excess liquidity in the market which triggers consumption or even speculation, to include due to the lack of distribution of goods. Inflation that has an impact on foreign currencies is indeed very possible because the comparison is the purchasing power of goods in the country.

Along with the more advanced and modern times, there is now a new investment called Bitcoin. This investment can be considered modern because it uses a computerized system and internet network in the form of virtual money. Bitcoin is digital gold. This bitcoin investment has advantages or pluses from the ease of running it. Bitcoin investment is fairly easy because it can be done remotely (online) from wherever the investor is. Only by turning on the computer or smartphone and internet network, then you are ready to run this investment. The value of this investment is easily stored on a hard disk device used.

Gold-backed Stablecoins too use a computerised system and internet network, in order offer digital money.

Gold-backed Stablecoins are real gold, digitally traded.

Same is true for gold-backed Stablecoins

Not long enough we experience huge dumps but I've never felt that will be the end of Bitcoin. BCH is just a clone and I don't see this coin will strong enough to compete against Bitcoin. The longevity of its existence become stronger and come to the point that garners more attention to the public, and makes people think that Bitcoin is better than of gold and USD.

Gold and USD have nothing different with Bitcoin except that gold and usd are stable and accepted already as assets. Gold ia just a piece of rare metal while usd is just a paper accepted anywhere. While bitcoin is just a digital asset whose value is very volatile. I would like bitcoin as it is very unpredictable and expected to rise in value.

Following you with your statement investment wise yes I agree that bitcoin can be a much better way to place your money, with usd and gold where value is not moving that high, you just need to embrace volatility when you start bringing your investment around bitcoin there's a lots of time that sway will bring your nerve into your ass so make sure you are ready for that.

You need to define the term "stable" first.

I would never call gold and the United States Dollar as stable assets. Gold has nosedived from $1,900 per oz in 2011 to $1,400 per oz as of now. Before 2011, it had a steep bull run. Check the details here:


And the purchasing power for the USD have been going down from the very day it was created. Check this:

Gold is difficult to use as a means of payment or international trade and financial transactions. Investing in gold is not as high as bitcoin, while bitcoin can transfer digitally anywhere (anywhere) instantly, at a cost of just a few cents, at no additional cost, and the price of bitcoin is uncertain, prices can be very high and can fall as low as possible.

It depends on the situation, btc has a very volatile value, the dollar has a very stable value compared to btc, gold almost dominated our market, many people prefer to invest in gold than btc, however it has some disadvantages as well as btc, you will not find establishments that easily accept gold and much less btc.

 Good afternoon sirs ;)

Right. Bitcoin investment makes a bigger profit especially if its price becomes more expensive compared to gold that has only a fixed value and only make a small profit.And when it comes to bitcoin as a currency,it might be dominated with USD for now but when mass adoption for bitcoin takes place,hopefully bitcoin will start to replace USD soon.

among the three of them, "gold, usd and bitcoin" have very different karatisitik, even though they are the same in investment participation. but if you want a long-term investment and want to continue to pay attention to developments clearly, bitcoin is more profitable than gold and usd. because the profits obtained are clearly very attractive for investors. gold and usd are very small calculations of profit.

Bitcoin, gold and USD have their own unique characteristics that make each of them  different in their own way. In my personal view, Bitcoin is an alternative form of USD or money. Bitcoin can be a good form of money but a bad form of asset to invest in considering the patterns in the rate at which its market value keeps changing. But Gold in the other hand is a good investment asset..

To determine whether BTC is better than USD and gold, we must know in what case. If it is on the case of investment for the long term, I think BTC sometimes holds a very significant chance to be the best to get bigger profits. however for the volatility, BTC is very volatile and the gold or USD is more powerful and stable, mostly the two are increasing.

Exactly the purpose matters, bitcoin is always better than gold and fiat in terms of investment and fast profit, since ita true that gold value never depreciate but it takes time to appreciate the profit out of it and the only good thing for gold is that its value is not going downward as time moves.

Lol, the dollar has the backing of federal reserves, all the assets of the government (which infact is elected by people) and global trades carried out in USD.
Also, the relative value of USD and all other currencies is decided by World Bank using the PPP for a basket of goods and also the health of the nation's economy, whereas the BTC is just plain and simple, expectations.

I am not saying it will always be this way but as of the current scenario, the price of BTC/Crypto is mostly derived from speculators / traders.

Do you really believe that gold is a liquid asset? And you really believe that gold is more liquid than something like Bitcoin? If that is the case, then I have to tell you that you need to learn more about cryptocurrencies. How can we even consider gold as a liquid asset? It is not readily accepted as a currency and selling gold is not super-easy. You need to pay markups if you want to sell your gold quickly.

Bitcoin, Gold, and USD are indeed different from each other, but all three are sought by people because all three can benefit us.  If according to its function, Bitcoin and USD might be the same and Gold is the most Different.  But even though all three of them are looking for people because they can provide benefits, Bitcoin is the best in terms of the highest potential.  The price of Bitcoin can soar very quickly, and it has never been owned by Gold and USD.  In this case people say, Bitcoin is better than Gold and USD.

I think each has its advantages and disadvantages, it is for different types of people. If you are a safe trender, you are afraid to risk, you should choose gold and USD. Because it seems its price is quite stable and safe. But it will not help you earn a lot of money after a period of investment. On the contrary, those who like adventure and bravery should choose BTC. It will help you become rich or not lose in a short time. For me, I always choose BTC because I like adventure

Bitcoin is only better than gold if the power grid remains up. If you want the grid to stay, join with a few friends, and get a Kubota 10kw generator for your neighborhood. Save money by getting off the power company, which will be controlled to crash, just to bring the grid and Bitcoin down.

8)

On what terms?

When it comes to payment, bitcoin was really the essential thing to be used for the transaction. Gold is used for a lifetime material in case of emergencies and other stuff. But for me, they're quite different though, they can be used in transactions but in different ways so it's not good to differentiate those two. They have a unique purpose on this and only a few people understand those.