Why people says gold is better?

[boled]

in my country, gold is still very valuable, I believe in other countries are the same, most of the people in our country are not familiar with bitcoin, and fluctuations in gold prices worldwide are stable, reasonable if considered better, people are much more secure about investing in gold than bitcoin, plus our country does not legalize bitcoin as a means of payment, so most people think that bitcoin is a forbidden item.

[noictib]

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?

In actual few part of the population of this world are having still a traditional thinking and only believing in those things which they are looking physically and also having fully safety to have in practical life , so they are having believe in gold like physical assets instead of virtual assets .
Here even in my friend circle people always trying to say me indirectly that bitcoin is a way of scam and it cannot be more better than gold , while they are Seeing that what I am making with bitcoin but still they are all not in my favour that bitcoin is much better than any another asset .

[Shafiqul Islam]

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?

very effective information. which countries accept bitcoin there bitcoin is better than gold, which countries don't accept bitcoin there gold is better than bitcoin.

[hheight]

People are frightened by the instability of the currency, and they can be understood. Also, people love physical presence of value.

[randal9]

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?

In actual few part of the population of this world are having still a traditional thinking and only believing in those things which they are looking physically and also having fully safety to have in practical life , so they are having believe in gold like physical assets instead of virtual assets .
Here even in my friend circle people always trying to say me indirectly that bitcoin is a way of scam and it cannot be more better than gold , while they are Seeing that what I am making with bitcoin but still they are all not in my favour that bitcoin is much better than any another asset .

you are right...for many people it matters that they can touch gold if they want, but virtual currency can't...but we must understand that technologies are changing and not everything that is new is necessarily substandard or unworthy

[gundala]

gold can not be used as a means of payment, because it is very difficult to make it in a small nominal, basically the main function of gold is as an investment. bitcoin and gold have their own advantages and disadvantages, both of which complement each other.

[hadisaw]

They say gold is better than bitcoin because the gold value is very stable, unlike the bitcoin whose value is always changing every time.

[samuraijin]

why gold is better than others, because the value of the price is quite stable and standard when compared with the bitcoin that sometimes up and down the price is very unstable,

[siti25]

First and most important, gold has a shape and can be seen directly, while bitcoin is not. Secondly, nobody may accept gold as a means of payment, and some receive bills with bitcoins, but gold is accepted all over the world for bitcoin not. There are still many countries that resist bitcoin and that is what makes gold better than bitcoin.

[didik12]

Because bitcoin is not stable price it is a digital currency and btc is not accepted in other restaurant,store but the gold is having the years is fast the value is growing higher and wherever the gold is accepted.

[UsernameBitcoin]

People, generally older folks who don't understand technology think gold is a better investment. You can't really blame them since gold still is and always will be a store of value until Humans are no longer here on Earth. It is rare, precious and has other uses. It has been used as money since the dawn of recorded history. This won't change. However, if older people knew how Blockchain and Bitcoin works, they would be all for it. It's just hard to teach an old dog new tricks, as they say.

[BelieveInBTC]

A lot of people prefer gold because they think it has stable value and can be accepted anywhere. It is true that you can sell your gold in many places and in every country but you can't pay directly with it in most places. Bitcoin adoption is still low but more and more shops start to accept Bitcoin as a payment. Most of them are online shops due to long confirmations. I can't wait to see how normal shops will accept BTC after introduction of the Lightning Network.

[Mellifluous]

I think the reason why people says that gold is better than bitcoin is because gold is tangible, physical and precious that has been around for several yeras. Also they trust gold more than bitcoin.

[19Nov16]

If we compared to gold of course now bitcoin still lost, I'm sure almost 100% people know gold and receive gold, while not more than 1% people know and use bitcoin so everyone says that gold is the best.

[Soranith]

People think gold is better because it has been around for long it is proven and tested that gold is a good investment and even bitcoin already surpass the value of gold the credibility that gold gives is higher than crypto as of the moment. That is why there are still a lot of people who prefer to invest in gold than bitcoin.

[Dread Pirate Roberts]

coz gold not really fluctuative . and bitcoin it is
you buy at 15k then later at 7k . so its a risk . but the profit its crazy too .

[amuckrule]

Perhaps some people are saying that because gold is tangible as compared to bitcoin. “To see is to believe”—that’s what they say. But that implies that they miss the point of the value of bitcoin that it is fluid, just like money.

[Lilandra2006]

Gold is something that can be touched and therefore it seems understandable and safe. Bitcoin can not be touched, therefore, people do not believe in it as a ghost. Gold trade has developed over thousands of yearsu. From the moment the currency is no longer backed by gold was not much time.
Bitcoin is a new way of calculating. The time will come when payments will be made cryptocurrency. But so far it is not known which one.

[rddsd7]

Those people are
1. not willing take a risk
2. fear for a new change/technology
3. not adventures
4. more like to non volatile assets

[Tariel]

Most likely, this is due to lack of confidence in the system as a whole, bitcoin is impossible to catch, it's only electronic currency, and gold man holds in his hands, so there is a psychological moment