Why people says gold is better?

[HiringYou]

Gold is not a currency ,it is an investment asset so it is not possible to directly buy things by using gold as a mode of payment in supermarket,restaurants and some institutions.Gold is not directly accepted as payment but many people stiil consider it better than Bitcoin because it is a traditional and most trusted type of investment asset used by people since years .It is safer than Bitcoin because it is not volatile as Bitcoin and very less fluctuations are there in it's price so very less chances are there to loose our money.

[Simon pasco]

One is no better than the other, both are good investments and the best of all is diversification

[n0ne]

Based on the stable nature of gold it has termed to be the best than bitcoin. In terms of price, gold was already surpassed by bitcoin. So people have different ways of prioritizing. Gold has been used as an investment that gives the security on the amount used. Whereas with bitcoin, users will be benefited than gold but has got the highest of risk associated with it.

[LyQaN]

it is because gold has been around from thousand of years and the fact that it still being physically present in market and can be exchange for money very easily as compare to bitcoin,(presently),also it being used as ornament and has a quite a good value make people say it is better.

[Passive Coin]

LoL
Simply, some kind of people do not believe in digital "things".
Sure, you cannot "touch" Bitcoin.
I show pendrive with bitcoins inside to a friend ... but he says, wait it's only plastic and some semiconductors, inside.
Some "old fashioned' savers simply love to hold gold coins or bars in hand and feel the value.

Both, Bitcoin and gold are great way to hold value and save long-term.

[MWesterweele]

I dont know but I dont think that Bitcoin is better than gold in some cases. We can use Bitcoin for many purposes such as payment, asset,.. Gold is just for jewelry

Maybe i think whyt hey say that because gold is easier to get earn through it, just sell it then you have money instantly, while bitcoin it take time to get earn. And i think there are both good investment so is better if you have both of them, atleast while your waiting to earn in your investment in bitcoin you can also get profit from selling or investing your gold.

[Schirer]

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?

Because they do not know what is BTC, they know what is Gold and also gold is physical they can touch it ( theoretically) , realistically there are more gold sold than mined. But nevertheless people are afraid of things that they do not understand , also they dont like new things - concepts, in general. In this case BTC

[iluvpie60]

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 considered a long term valuable precious metal. Gold is used to manufacture many different computer component and smaller chips for electronics. Gold will always have a use due to how it conducts electricity and the easiness of how bendable it is for manufacturing purposes. Since it will always have value and we know there is a finite supply of it, it becomes worth a certain amount.  Same as Bitcoin. Bitcoin has uses, a finite amount, and is valuable for P2P money and store of value.

[Xervo]

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?

Such people are probably not very well versed in bitcoin technologies. They have long been investing in gold and how old people can not accept and understand new directions in this area.

[Swopon]

I really don't know why people still says that gold is better than bitcoin while btc showed them it's value and demand in last few years.The people who think that gold is better they are old people and i think they can't believe in digital currencies.They believe what they can touch.They can't touch btc and maybe that's why people says gold is better but they are wrong.Bitcoin is better than gold

[Cryptozond]

Probably because you can hold the gold in your hands. And bitcoin for many is too obscure technology.

[BitcoinGirl.Club]

The only thing that makes gold better than bitcoin is its legality but overall people are loving bitcoin because its easy to buy, its a good investment option and it gives us privacy to our money and soon it will be accepted worldwide.

[IanRidgwell]

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?

Because they do not know what is BTC, they know what is Gold and also gold is physical they can touch it ( theoretically) , realistically there are more gold sold than mined. But nevertheless people are afraid of things that they do not understand , also they dont like new things - concepts, in general. In this case BTC

The old traditional people can consider gold as better. It is also  a fact that they may not know about bitcoin, because bitcoin is far better than gold in term of investment, as bitcoin price is continuously increasing from time to time, while we can observe a very small increase or decrease in the price of gold even after years, therefore for investors bitcoin is comparatively better than gold.

[benzotape]

because they know that gold cost very good money, soon they will recognise that cryptocurrency do it too

[Pfizer]

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 considered a long term valuable precious metal. Gold is used to manufacture many different computer component and smaller chips for electronics. Gold will always have a use due to how it conducts electricity and the easiness of how bendable it is for manufacturing purposes. Since it will always have value and we know there is a finite supply of it, it becomes worth a certain amount.  Same as Bitcoin. Bitcoin has uses, a finite amount, and is valuable for P2P money and store of value.

Bitcoin is a long term one too, but they prefer gold because they find it more trusted compared to bitcoin. At least, there is a physical representation of their gold based funds and investment. For bitcoin this is not valid clearly.

[MarkusIsaiah]

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 legal in all country unlike bitcoin and all people in the world knows gold unlike bitcoin. all we know that gold is more stable in value unlike bitcoin, but if you want more profit when you invest then go with bitcoin. now people prefer to take a risk when investing to have more profits.

[cluit]

The thing isn’t about liquidity of resources only. Some people think that gold better as long term investment and saving the money and they are right. Goverments agree with ordinary people about gold. Bitcoin for now is more liquid and more unstable too.

Gold is no doubt very much valuable asset and it can help you in having your money very much safe. The only issue is that you are going to get not some good profit by investing in gold. It is because of the reason that gold is having very much stable price and it cannot help you actually in getting some fruitful results. For me, there is nothing better than that of investing my money into bitcoin.

[shark69]

because bitcoin has a very high value among other coins. some people assume that bitcoin can be held because it is a promising future.

[Legend1123]

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?

Those are their own opinions about gold, they feel gold is better than bitcoin. Gold is highly stable and prices have not changed much for a long time.

[Noesly]

I think, yes I said gold is better because it is the truth honestly many of them is willing to hold gold why because they have a high value,price so that the real reason people why gold is better, rather than other.