Why people says gold is better?

[nydiacaskey01]

Gold is good but I say its not better than any type or kind of investment like Bitcoin. Gold have its own characteristics, if you have fear about your Bitcoin wallet getting hacked by hackers, there are more chances that your physical Gold can be stolen, even if you put it inside a vault. however, Gold can be accepted by almost anyone compared to Bitcoin, if they are not aware of it, they will rather accept Gold over Bitcoin.

[bitcoinmasterlord]

There are people prefer gold and saying gold is better because it is more popular than Bitcoin; it is known since then. Its value is more appreciated than anything else.

I agree it is more popular than bitcoin, but why people like gold means it is a physical asset and supposes the price drops the worst movement at least you can have your gold in your hand. this is not possible in bitcoin that is why people prefer Gold.

[TerranceBug]

Since old times, gold has been considered as a sustainable commodity (the safes during bubbles or times with high volatility), and it can be traded on most of the exchanges. Bitcoin is a modern currency which yes, is getting more and more popular, and soon probably most of the institutions will accept it as currency. However, gold is not a currency anymore, therefore, you cannot use it.

[s31joemhar]

In our generation all things, especially resources are very limited. People nowadays say that gold is better than bitcoin; it is not just because of the expensive value of pure gold is better than bitcoin but it’s physical substance; which the bitcoin does not have. Since gold is precious element use in different kinds of luxury jewelleries. Bitcoin also possess unique characteristics which you have possessed something which cannot easily steal by anyone from.

[KathPine]

Bitcoin and gold both are not comparable both are different in it category itself. Gold is precious metal and ornament Bitcoin is cryptocurrency so don't confuse yourself. Bitcoin can be used as investment giving good multifold returns where you hold your investment in gold it wont appreciate like bitcoin returns.

what's the difference due to size and shape ??

[KathPine]

Gold has been the standard currency since the beginning of time. Paper money and shares of stock would be rendered useless in times of war. In ELE or Extinction Level Events, even bitcoin would be useless. Have you seen Doomsday Preppers? Gold is the standard.

Well, okay, but what does this prevent the existence of bitcoins? let the gold itself peacefully exist, only this is the standard of the past

[KathPine]

Bitcoin was only emerging in recent years. It was almost a year before the concept of high value in digital currency was approved by the people in the transaction. Gold has a longer cognitive process than BTC, and BTC is not widely available at the moment, perhaps with time to prove it all.

Well, you know gold is not available to everyone either

[Valzzz005]

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?

They are both better in their different aspects. The gold in the other hand is some kind of mineral that only earth can provide because we cannot create our own gold and that was a precious gift from the nature. Bitcoins are just a human invention and can be replaced by another invention in the future. They are just expensive because if the trend that caused the higher demand. They will be just a history if somehing replaced them but gold will be forever because it can be remelt over and over again but only limited in the nature

[Meycell]

i think because people not know bitcoin yet. maybe if people know about bitcoin. people will choose the bitcoin to use by investment, payment and other transactions
in future people will says bitcoin is better

[wihrn]

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?

they say it as gold is more well- and widely-known, it is easier to understand how it works and how to buy with it. it was the analogue of money for so many centuries. not surprised people are devoted to things they know about

[KathPine]

Because 50% of all people have IQ lower than 100. 

but is not it more? ahah

[djgtr]

Well i believe some people says that gold is  better because maybe they really not experiencing the advantages of bitcoin .Maybe they are the person who really didnt already ingage to bitcoin and they believe that gold is really amazing than bitcoin.In my part we can really never judge them all because we as human we had our own idea on doing such thing that we really decide to do for our own good.

[An0nyMoose]

People say gold is better than Bitcoin because they THINK that gold has been around for so long and it's something physical to hold in your hands so you know it's real. The thing is that value is not intrinsic. Value comes from the people, it comes from what people believe it is to be worth. Right now a lot of people's belief of the USD and gold are diminishing. Just look at the prices...

[psibenik]

The name. It's not better

[subSTRATA]

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.

really makes me think how much bs you guys are aware you're spouting when you spam.

this image is sourced from bullionvault, it is not my own. (https://www.bullionvault.com/gold-price-chart.do)

this shows the price of gold over the last 20 years; id say it shows some rather large changes. in 20 years, which isnt really that long a time in the grand scale of things, we can see a low point of ~253 usd per ounce, with a high of a bit over 1837 usd for an ounce of gold. that's more than a 725% difference between those two points, if that's 'highly stable' for you, and merits saying that 'prices have not changed for a long time,' you really should take a class or something, to say politely.

[Ronaldcoin2017]

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.

really makes me think how much bs you guys are aware you're spouting when you spam.

this image is sourced from bullionvault, it is not my own. (https://www.bullionvault.com/gold-price-chart.do)

this shows the price of gold over the last 20 years; id say it shows some rather large changes. in 20 years, which isnt really that long a time in the grand scale of things, we can see a low point of ~253 usd per ounce, with a high of a bit over 1837 usd for an ounce of gold. that's more than a 725% difference between those two points, if that's 'highly stable' for you, and merits saying that 'prices have not changed for a long time,' you really should take a class or something, to say politely.

Well i believe  that people in the real world really didnt recognize bitcoin yet as a profitinn asset that has really a great return and in also with a great and many advantagesI believe that they really didnt even know what is really the bitcoin and what is it all about.The people who says that gold is better than gold is really reffering only to tge physical aperrance or mayba a quick accessibility to gain through gold but if tbey can only ever know that bitcoin is exist maybe they change thier mind.

[Qunetick]

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?

People said that gold is better than bitcoin because the bitcoin has no fixed price or shall I say, no stable price unlike gold that it has a stable price that people can easily calculate and predict. In bitcoin you don't know what will happen today, the next day, the next month or the next year's price of it. So that is why people are afraid and said that gold is better because they will not worry about its price.

[Bakemat]

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 gold dominate in the last past year so it is only natural for them to believe that gold is better than Bitcoin. Bitcoin only starting to become in demand and knowledgable by other people and country so they still does not knoe the good things and benefits that they will get Bitcoin but if they have enough knowledge and ideas about Bitcoin maybe their thinking will change into positive and trust Bitcoin more.

[crustycrab666]

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?

although both have the same high prices, but have slightly different functions. bitcoin can be a means of payment as well as a commodity, but gold for now is only used as a commodity. do not compare it from one side only, although gold can not be used as a means of payment, but gold has a real value and a more stable price of bitcoin.

[littlewizard]

BTC is better than gold in many ways.
Compared with bitcoin, Gold is outdated.
Although both of them has scarcity, liquidity and fungibility, Bitcoin has much better transferability and divisibility compared with gold.
You cannot carry 100Kg of gold in the street and it is difficult to divide the gold.