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?
yes. and gold just have own store, than why people say gold is better than bitcoin?
simple i think. gold cant broke, and bitcoin can broke. if in this world internet down forever, are you still invest bitcoin? still earn bit and altcoin without internet? god's creation cant loss form this world, and reverse from it, human's creation can loss.
gold is pure treasure, everyone know about gold. all people accepted (although not acceptable as payment) and never say gold is dangerous, because if you have it, it mean you gain profit if sell to other.
bitcoin is treasure, but not all people know about bitcoin and not at all accepted bitcoin (although accepted as payment in many store). a lot of people even the government and bank say dangerous. because sometime you will loss a piece of your fund if you can handle careful.
There is no reality in this gold is not better then bitcoin its totally wrong concept because you buy gold today and then you want to sell so it will not give you any profit you will lose in gold and bitcoin is different than gold if you buy bitcoin today and then want to sell so it will give you a very good profit and there is no chance to lose here there are also a lot of opportunity in bitcoin to earn which gold don’t have so bitcoin is best then gold.
What does profit have to do with the topic ?
And what does it have to do with Bitcoin ?
Ok I'll play along for the sake of argument..I would wager the OP here intended this topic to be a comparison of sorts of the two things
as investments.
Then i would have to refer him to what i posted earlier.
Did he post what is more likely to give me unrealistically high profits ?
The answer would be "crypto".
If the question is "Which is better Gold or Bitcoin ?"
I would rather have Gold.. because of the reason i outlined before.
A key issue i take with Bitcoin these days is, it is no longer a currency but a pyramid scheme of sorts.
99% of the users involved with it couldn't care less if it even works at all.
They care about..
drum roll please P R O F I T S.Ideology is crypto.
I am a supporter of crypto and 99% of you are not.
You are greedy bafoons bouncing around here pissing on crypto and acting like idiots.
Why would you contribute to Bitcoins crazy rise when a crash is looming ?
If you keep inflating it too much and too fast it will have to crash hard.
And which is "better" ?
Seems to me no matter how you ask the question you get the same answer.
Ultimately i hope the 1% that actually care about Bitcoin that are likely whales and true supporters..
I hope they can find a way to exploit the hoards of greedy idiot masses to further the concept of a *used* digital currency.
I have no problem with BTC.I have a problem with no one anywhere caring that it works like dog shit.
and yet bragging about how great it is inflating the price higher and higher.
If the "commodity" being traded is based on a currency and that currency is then broken.
Then you have a broken commodity.
So what is better a new popular virtual commodity or..
gold.