Why people says gold is better?

[Bandon]

Gold would retain it’s value and status and you can hold on to the physical form of it. Whereas Bitcoin is volatile, and yet to have an exact value as most of it’s value is being tied to investors and speculators that believe in it’s future development.

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[jawadmehmood]

Gold is here from generations i think that's why they feel comfortable with gold and there is fact if there is no internet then there will be no bitcoin. People can keep Gold physically but Bitcoin is just a digital currency.

[danpaz]

Some people love what is worth having and gold is both investment and for beauty or wealth, Bitcoin usability is great that gold because of the rapid demad gor this crypto.

[nagatraju]

they say so because gold gives them more hope than bitcoin...it is more stable and so long exists that there is no doubt

[Ultimist]

Gold is more stable. This is a more understandable measure, which has a centuries-old Foundation, and bitcoin only 10 years and investors are very much played with course btc.

[regan101]

Gold is here from generations i think that's why they feel comfortable with gold and there is fact if there is no internet then there will be no bitcoin. People can keep Gold physically but Bitcoin is just a digital currency.

In the old tradition, gold is the best investment to make easy money but not fair to those who own with just as big as the grain of rice against the capitalist and that is a reality until this time. With bitcoin, u can earn as bigger as you can imagine with only a few hour in the internet with no sweat. However, the more time u spend the faster u become rich

[Laurayaki]

in war I think it's better to have gold than bitcoin, but to make money better to have bitcoin, conclusion? to have both

[gilangIDR]

Actually today I watched a video on facebook which is about spending bitcoin and gold in USA,it says it is difficult to spend bitcoin but some places are accepting bitcoins accepting as payment like supermarket,restaurants and some institutions.But no one accepting gold as payment then why still people says gold is better?

I need to explain to you that gold is best because gold has a good level of security if we make it as an investment, but gold in fact can not give us big profits in a short time. While with bitcoin then we can do that, we can use bitcoin to buy goods ranging from very small to large. This is what distinguishes it, gold is not suitable for financial transactions in everyday life. Gold is very suitable to be a safe investment and carried out in a long time.

[btcdee]

I think that it is obvious by now that Bitcoin isn't just a "virtual" coin. The energy needed to produce one bitcoin is proof that it's as real as any material substance such as Gold. We used to have a similar argument about Music: Digital music is as real as the music produced by a live group on stage.
So Gold is NOT better than Bitcoin... if anything Bitcoin is better than gold because it's scarcity is finite.

[sheamus10]

Because gold is an asset that has been shaped objects, and it is not possible if gold is used for payment. Just like a land that will not be possible in making a means of payment.

[kpcian]

When some people can't put themselves in digital currency then they are not going to with Bitcoin. so that they are afraid of Bitcoin because of the credibility. Normally, people used to spend the existing conventional system. Because Gold has established a credible and visible platform, so people usually love to take it.
on the other hand, Bitcoin is not a visible currency so that people don't have any faith on this platform those have no idea about the virtual world. But I don't believe that gold is better than Bitcoin.

[DoublerHunter]

When some people can't put themselves in digital currency then they are not going to with Bitcoin. so that they are afraid of Bitcoin because of the credibility. Normally, people used to spend the existing conventional system. Because Gold has established a credible and visible platform, so people usually love to take it.
on the other hand, Bitcoin is not a visible currency so that people don't have any faith on this platform those have no idea about the virtual world. But I don't believe that gold is better than Bitcoin.

Gold is just better than bitcoin in terms of long term existence. Gold is already here ever since then the time of the old people while bitcoin is just new and still young so a lot of people are doubting bitcoin because they just think that bitcoin is not a good type of currency since it is new and a lot of volatility is happening so there is no stability that most of the people wants.

[shritin1707]

Gold is better than Bitcoin because The precious metal gold, has been around since the beginning of time. Whereas Bitcoin has been around since 2008 and it is a digital currency.Gold would retain it’s value and status and you can hold on to the physical form of it. Whereas Bitcoin is volatile, and yet to have an exact value as most of it’s value is being tied to investors and speculators that believe in it’s future development.You cant change Gold in terms of its structure or physical form, whereas Bitcoin or cryptocurrencies can be ‘forked’ and it’s blockchain can be altered just like ETH and ETC.So thats why I think people say Bitcoin is better than gold.

[rockyfeller]

Yes right now but we are entering in the 4th digital revolution and i tell you this. right now bitcoin has most increase value than Gold. we all know people don't know bitcoin yet but in the next 5 years bitcoin will replace gold and in terms of commodity. bitcoin will be use as a payment and reserve currency.

[WannaCry]

Actually today I watched a video on facebook which is about spending bitcoin and gold in USA,it says it is difficult to spend bitcoin but some places are accepting bitcoins accepting as payment like supermarket,restaurants and some institutions.But no one accepting gold as payment then why still people says gold is better?

Well people may probably say that gold is better because it has been a treasure that people keep from the beginning of time that increases it's value. It is something ti be kept and something that we could hold physically. We have an assurance about it because it is a trusted investment million years ago. Whereas digital money is something that existed just years ago and we may not know until when will it maintain it's high value.

[Calligiato]

i heard it from all whales i met in crypto currency for almost a year...The blonde is still between 1200-1300 area.

[CryptoBitCoins]

Recently, I also thought so. Actually, you can touch the gold, weigh it, just hold it in your hand, and you can not do it with bitcoin, in the big count bitcoin it's some kind of file that can be damaged, I think that these reasons are important for those who think that gold is better .

[Mrjitter]

I think that this is due to the fact that gold for some people looks more reliable than bitcoin and we have been using it for quite some time for a long time, therefore, this opinion has formed on gold

[South Park]

Actually today I watched a video on facebook which is about spending bitcoin and gold in USA,it says it is difficult to spend bitcoin but some places are accepting bitcoins accepting as payment like supermarket,restaurants and some institutions.But no one accepting gold as payment then why still people says gold is better?

Gold is forever. If we have gold we can sell it anywhere thru pawnshops or you may go directly to your central bank list and change it directly to fiat anytime. We cannot say bitcoin is forever specially that the price is fluctuating and it will always depend on the internet in which if internet will gone so the bitcoin will gone too like in event of a world war III in which a nuclear war that have capability to destroy everything including the internet but gold can be use anytime and anywhere.

Nothing is forever, not even gold, gold ha a very long story of being a store of value but the issue is that we do not know how much gold is there still on earth if a huge mine of gold was discovered the price of gold could go down as the supply goes up.

[justspare]

my question is why do people still compare bitcoin to gold?

Lol, I was wondering the same because both are poles apart and there is no common ground of both where we can compare them. I guess people compare them because both are methods of increasing your money or saving it for some good time.

My vote will be for bitcoin since it is easy to use, carry and has more potential than gold for increasing in value and leaving the investor in some really big profit.