Why people says gold is better?

[guoyu78]

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

Yeah previously gold was the best investment but bitcoin has changed the mentality of people and now all are going toward bitcoin because they don’t see any high profit in gold and that’s true gold prices are stable and nor falling neither rising but bitcoin prices are rising and who knows where they will stop and all this is attracting people toward bitcoin and people are smartly switching from the old method to the new ones.

[pushups44]

Gold and bitcoin are like apples and oranges. Gold has a longer history as a store of value whereas bitcoin is thought of as a digital version of gold. Over time gold has proven itself, whereas bitcoin is relatively new. I think both have their place as investments.

[Jltan]

Gold is an asset that is very stable. As an asset does not represent currency, no one will use gold as payment. You can only use it to trade/liquidate into cash. Another reason is due to Gold having too many types of replica. Unless you are an expert or have the necessary tools you are most likely unable to determine whether it will real gold. With all these risks, who will accept or use that as means of payment?

[arcfaith]

Gold is an asset that is very stable. As an asset does not represent currency, no one will use gold as payment. You can only use it to trade/liquidate into cash. Another reason is due to Gold having too many types of replica. Unless you are an expert or have the necessary tools you are most likely unable to determine whether it will real gold. With all these risks, who will accept or use that as means of payment?

Yes this I totally agree. This is also one of the reason for the rise of Cryptocurrency. Low risk, blockchain and security is very important. Gold is indeed valuable, but it would mainly be for investment purposes not as a form of payment.

[wjchong]

Why people says gold is better?
Because there are many places where Bitcoin are not accepted. That's why people says gold is better. They can feel there money in there hand. But you can't feel virtual money in your hand. It will be only in your wallet account.

[Rajamuda]

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

Some people who still say that gold is better, maybe they don't really understand or don't knowing more about bitcoin with deepen it as wel as on many things related to bitcoin or other crypto currencies.
It could also be the lack of internet connection, so makes them overlook about bitcoin which's more superior than gold.

[lienfaye]

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 gold is been here for so long, has a physical appearance and people are aware that if you put your asset in gold the value of it increase as time passes and its good as long term investment. On the other hand bitcoin is just a virtual currency and some people are not aware of its existence. Therefore they trust gold as well established form of investment. Bitcoin on the other hand is a top cryptocurrency and proven its worth so whatever your choice between the two its beneficial in the long run.

[Spoetnik]

Gold Properties
leaf

Gold leaf sample
Gift of The Gold Leaf Company

© AMNH / Craig Chesek

No Other Metal or Mineral Measures Up to Gold

Gold's beauty, value and its many other unique qualities make it the material of choice in many industries. Most gold--78 percent of the yearly gold supply--is made into jewelry. Other industries, mostly electronics, medical and dental, require about 12 percent. The remaining 10 percent of the yearly gold supply is used in financial transactions.

Gold is used as a contact metal in the electronics industry as it is a good conductor of both electricity and heat.

The word "gold" most likely has its origins in the Indo-European word ghel, meaning "yellow." The chemical symbol of gold, Au, is short for the Latin word for gold, aurum, meaning "glowing dawn."
wire

Gold wire
Gold is ductile: it can be drawn out into the thinnest wire.

© AMNH / Craig Chesek

Gold conducts heat and electricity. Copper and silver are the best conductors, but gold connections outlast both of them because they do not tarnish. It is not that the gold lasts longer, but that it remains conductive for a longer time.

Gold is ductile: It can be drawn out into the thinnest wire. One ounce of gold can be drawn into 80 kilometers (50 miles) of thin gold wire, five microns, or five millionths of a meter, thick. This sample is 0.20 millimeters (0.008 inches) in diameter.

 
28Helmet

Apollo 11 Space Helmet Replica
Gold is highly reflective. The visors of astronauts' space helmets receive a coating of gold so thin that it is partially transparent. The astronauts can see through it, but, even at that thinness, the gold film reduces glare and heat from sunlight.

© AMNH / Denis Finnin

Gold is highly reflective of heat and light. The visors of astronauts' space helmets receive a coating of gold so thin (0.00005 millimeters, or 0.000002 inches) that it is partially transparent. The astronauts can see through it, but even at that thinness the gold film reduces glare and heat from sunlight.

Gold is prized for its beauty. Jewelers and metalsmiths value it as a metal that can be embossed, hammered, cast, stretched or twisted.

30Gold-Room

Gold Room
Gold—the most malleable metal—can be flattened into extremely thin sheets. The walls in the Gold Room are covered with approximately 300 square feet of 23-karat gold leaf representing three ounces of gold metal, the equivalent volume of three U.S. half-dollar coins.

© AMNH / Denis Finnin

Gold is malleable, so it can be flattened into extremely thin sheets. The walls of the Gold Room are covered with approximately 28 square meters (300 square feet) of 23-karat gold leaf representing 3 ounces of gold metal. Gold leafing--also known as gilding--is an ancient technique. Traditional artisans beat raw gold between pieces of leather until it was almost too thin to be seen. One ounce of gold may be hammered thin enough to cover more than 9 square meters (96.9 square feet) of a surface. The gold leaf may be only 0.18 microns (seven millionths of an inch) thick; a stack of 7,055 sheets would be no thicker than a dime.

https://www.amnh.org/exhibitions/gold/incomparable-gold/gold-properties/

[the rise]

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

Some people who still say that gold is better, maybe they don't really understand or don't knowing more about bitcoin with deepen it as wel as on many things related to bitcoin or other crypto currencies.
It could also be the lack of internet connection, so makes them overlook about bitcoin which's more superior than gold.

Gold can only be a commodity asset, a very wrong mindset if it continues to be compared to bitcoin, bitcoin instead of digital gold because it also serves as a currency exchange instrument affiliated with the public currency.

If some people still survive with gold then surely they regard fiat as the dominant income, many people have not opened their minds about crypto currency because they do not like things that are not yet legal. This makes perfect sense, but all will change when popular bitcoins on the Nasdaq and other big markets.

[whitemacna]

I do not know why they say gold is better than bitcoin, while bitcoin transactions are spreading in their midst.Gold can be considered better if taken a look at for its stability. Gold has been around since pretty much the first civilizations, and it has always been valuable. It also has inherent value as it can be used for accessories, jewelry, and even electronics.

[Vaskiy]

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

Some people who still say that gold is better, maybe they don't really understand or don't knowing more about bitcoin with deepen it as wel as on many things related to bitcoin or other crypto currencies.
It could also be the lack of internet connection, so makes them overlook about bitcoin which's more superior than gold.

Gold can only be a commodity asset, a very wrong mindset if it continues to be compared to bitcoin, bitcoin instead of digital gold because it also serves as a currency exchange instrument affiliated with the public currency.

If some people still survive with gold then surely they regard fiat as the dominant income, many people have not opened their minds about crypto currency because they do not like things that are not yet legal. This makes perfect sense, but all will change when popular bitcoins on the Nasdaq and other big markets.

The same too won't let the digital currency popular, because if you come across the big markets similar to Nasdaq the users won't be giving importance same as that they provide to other stocks and shares. From the very beginning bitcoin is portrayed to be something a negative thing and the same mentality prevails around. This might change in future and people will understand the truth as well the goodness of bitcoin is better than gold.

[adiksau0414]

Gold is consider an asset. Its has a value and use as a reserves of many country. As to bitcoin, actually has no real value at all. Its value depends only because of its popularity. If no one is using or trade bitcoin, it would be worthless. The value of bitcoin increases everyday because people are in panic mode to buy most of it because of the possibility it would cost a million in near future. Gold is much better to have because its tangible, uses worldwide and a good asset that bitcoin cannot be hold, tje possibility of the bitcoin can be hack and loss all your .money with it.

[redapplelight]

Simply because we do not have the gold we split.

Bit coin is convenient because it is virtual money.

[catsgirls]

It is a little difficult to compare with gold.

It is difficult to trade in the first place because gold can not be carried around.

[samuraijin]

Because store acceptance isn't the only factor that's put into consideration. If we're talking about being better as a currency, then Bitcoin is better, because gold can't really be considered as such. Bitcoin, on the other hand, is a currency that functions very much like a digital version of gold.

Gold can be considered better if taken a look at for its stability. Gold has been around since pretty much the first civilizations, and it has always been valuable. It also has inherent value as it can be used for accessories, jewelry, and even electronics.

My personal opinion is that they shouldn't be compared, but people always find ways to say something is better over the other.

It's true what you say because it's not the only factor that likes gold or digital currencies like bitcoin and it's all there is a way of each, gold is very stable in the field of price and very different from bitcoin that is said to be a candidate for new digital currency that is When this happens,

[Wyne]

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?

Nobody is accepting gold because it is not a currency but it an asset where its value increases as the time goes by.  In lieu of this, people see it as a good investment.  It is true that they cannot use gold as a payment but when you sell it in the market, the corresponding value worth a lot of money.  In that way, bitcoin is like gold.  Even some store accept bitcoin as a mode of payment while others do not, if you convert it into cash, its value also worth a lot of money.  Therefore, bitcoin is a new face of gold because it is a digital gold.  So, we should not compare the two because both are convertible to cash and good place of investment.

[BCTalkaccountforsale]

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 think gold will never be equal to bitcoin because the price of gold is very volatile and gold may fall, causing the seller to suffer a loss of capital, but for bitcoin is not so bitcoin prices fluctuate. But it will increase again soon so I disagree with the idea of gold better than bitcoin.

[Michael63]

Gold cannot possibly be better. Can you carry gold about asking people to exchange it for goods or services. Gold may have endured and made a name for itself, but in terms of portability, utility, ease of use, bitcoin is better.

[Xetonica]

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?

That's true they have some market accepting bitcoin, You know what must better some stores will be accepting also bitcoin. I hope also on my country they accepting bitcoin for as payment. Gold i think we use that also as payment but in the place when they are accepted gold also.

[wisdomcn]

Looking at the past when many people were believing that gold is universally acceptable asset and stable in the price that I think was the reason why many people became very attached with gold. Now in the modern time people are saving their money into investment and they are earning good amount on this investment. Bitcoin has created an avenue for everyone to earn just by having bitcoin in their wallet.