Why people says gold is better?

[Mr.Smithers]

Gold is looking better than any other things. Mostly peoples are going with gold after diamond.

true, and bitcoin is NOT looking at all

[Kayum10029]

bitcoin is currency which is not accepted by all countries of the world. but gold is a valuable metal which is accepted all over the world. bitcoin accept when it is converted into paper currency or money but gold is always anywhere acceptable.

[tekimebounty]

Traditions. And nothing more. In future it may be some changes in our heads, but not now.

[Wexnident]

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?

Maybe, people are saying that Gold is better than Bitvoin because it has a more stable market value which lessen the risk on investing into it and that's a huge factor on an investment. Also, Gold is supported on different countries while Bitcoin is nit yet legal to most of the countries.

[Shamie1002]

We all know what gold is. It's not that flexible, like for instance, not acceptable as mode payment and it's functions are limited like not decentralised nor valid unless some do accept it. Like others, it is a commodity. Bitcoin is said to be better because of its features, accessible, handy, and profitable in a shorter time frame. But with gold it is surely the safest investment you can have out there.

[jokilax]

People saying gold is good investment than bitcoin,but bitcoin is good investment than gold.gold is only investment purpose but bitcoin is act as currency.we can buy with bitcoin and we can exchange to currency.

[ajqjjj]

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?

Maybe, people are saying that Gold is better than Bitvoin because it has a more stable market value which lessen the risk on investing into it and that's a huge factor on an investment. Also, Gold is supported on different countries while Bitcoin is nit yet legal to most of the countries.

Even now bitcoin is consider as investment for every people invested in the forum.
Gold is been used as ornament and investment in every countries but the bitcoin is not that much reach to that person. Even gold takes thousands of years to all set of people but bitcoin reached many people with in 9 years.
Try to spread it out more to have btc topper than gold.

[bloodyvio]

I think that's true.
Why?? because gold can be transacted offline and the price is very stable
this is the same as bitcoin, gold also has a limited supply to be mined
and gold does not need regulation of a country.

[Wowcoin]

People saying gold is good investment than bitcoin,but bitcoin is good investment than gold.gold is only investment purpose but bitcoin is act as currency.we can buy with bitcoin and we can exchange to currency.

Yes bitcoin is good investment than gold because bitcoin you can see how much you will be profit on bitcoin in short term. Gold are good too but you can get only a little profit.

[shintosai]

People saying gold is good investment than bitcoin,but bitcoin is good investment than gold.gold is only investment purpose but bitcoin is act as currency.we can buy with bitcoin and we can exchange to currency.

Yes bitcoin is good investment than gold because bitcoin you can see how much you will be profit on bitcoin in short term. Gold are good too but you can get only a little profit.

gold value already on its peak and its been played by big government using it as an asset while bitcoin still new and keep arising, I guess picking bitcoin would be a wise choice in terms of investment as time will passed by and the value will keep on growing overtime.

[ahkiatt]

Bitcoin and gold each have their pros and cons.

BTC has only been around for 8 years now while gold has been used by almost every known civilisation for millenia.

Yes, gold value is less volatile than bitcoin, but try carrying 10 million US dollars worth of gold across any border and you'll find yourself begging for a hardware wallet holding bitcoin instead.

I believe gold and bitcoin can co-exist, at least for the next few years until either bitcoin prices remain stable or disappears completely.

[Martinus Java]

I think, people say gold is better because gold has a very good stability value. gold is better because it has been used since ancient times BC, can be made in various shapes and forms. gold can be accessories, jewelry, and electronics. gold is said to be better probably because it has a lower exchange rate than bitcoin.
in my opinion, we should not compare the bitcoin and gold caused bitcoin and gold have their respective advantages and disadvantages.

[Zuilhsa]

I can't see how the gold can be better than bitcoin...
They are two different things, bitcoin is a digital cryptocurrency, and can make you rich fast
Maybe for someone gold is better than bitcoin because you have and can touch your gold, and bitcoin is digital
But i think that bitcoin is better than gold.

Yes previously people considered gold as a best asset, those people with good amount of gold is considered rich. Now the scenario is different, those with bitcoin is the rich because of its fast growth. I too think bitcoin is better than gold.

[A1exander]

Gold has a very long history of usage as money in most countries. It has a physical form and a number of applications beyond monetary use. Bitcoin, on the other hand, is a relatively new development, and for a few years it was mostly a technological curiosity. I think only now It begins to be considered as something valuable by big players. It will take time.

[Kotone]

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?

Its because it is better and with bitcoin there is a lot of things that can go wrong not even gor that currency all the cryptocurrencies can go wrong if the variations are right. The problem with it is because that in bitcoin we get what we deserve but in gold it alsways stay constant.

[ahmedjamal1998]

But no one accepting gold as payment then why still people says gold is better?

Well, you can't compare something that has been around and used by humans as a means of trade since they first came to this planet with a currency/another means of payment which is less than 10 years old.

I have to say gold is for people who like to play it safe. They store their money in something that is kinda tradeable and acceptable all over the world. Its price doesn't change much as well. So to them, it's a great store of value and also a possibility to earn if the price goes up.

I know that you might argue saying that BTC has more potential, the recent price changes, etc. etc. but you simply can't explain that to a person whose money is in those rocks. You can't tell him to leave his universally recognized thing and go into a currency that is made out of thin air and no one has control over it. It'd be too much for anyone to take as they're used to having their physical stuff.

Plus, the possibility that one day, these bitcoins won't be worth anything either from government attacks, a crazy price drop or anything else. It's just a matter of preference. Let the days prove if btc will go REALLY mainstream.

[unggahr11]

because everyone in the world knows gold is something expensive and hostorical while bitcoin not everyone knows about it

[Thirdspace]

when you say A is better than B, you must provide the basis in what context
from spending point of view, BTC would be better than GOLD
but from investment point of view, some would say BTC is better, the rest would say GOLD is
so those who believe long lasting of intangible asset of BTC will pro to BTC is better
and those who believe in something real tangible asset will say GOLD is much better
noone is absolutely correct or wrong, it's simply a matter of personal beliefs and principles
both would yield good profits as long as you do necessary precautions accordingly

[Ermegay]

Because they do not know what bitcoin and then say gold is better than bitcoin because they have not tried it and they do not know the bitcoin benefits.

[creeps]

Traditions. And nothing more. In future it may be some changes in our heads, but not now.

Yeah, because we used to lived with golds before but in the future it will be replaced by bitcoin for sure. Gold is better because everyone knows about this around the world and bitcoin are not yet recognized by ordinary people but i believe in the future of btc.