Gold will always be valuable and over the years its value will only increase. What will happen to bitcoin is still unknown. So for now, gold > bitcoin
no true from economical point of view...
user serveritaly copy pasted if from reddit, posted by one of the smartest people on reddit which is no more active over there
bitcoin value come from understanding very deep;y the t3ch, every economist will say you that bitcoin have to much value in it;;
1. bitcoin is peer to peer without middle man , this is one of the things which make bitcoin/crypto so much valuable!
2. bitcoin/crypto is store of value + cash in the same time, compare to gold which is only store of value and always needed to convert to some other value which accepted everywhere to buy whatever you want, you get the point, hence the selling rate of gold only will grow with the time, the sellijg rate of crypto selling rate slowly will fall because it will accepted everywhere.
3. to store bitcoin its much more easy compare to gold and diamonds and other expansive shit.
4. the supply of crypto is much more smaller then gold and diamonds.
5. bitcoin compete market of more then 30 trillion dollars.
6. gold have value because people agree on this together, but look on crypto its not only about a agreement! its advanced our planet!!