Why people says gold is better?

[First77]

Gold is the currency that has been tested for centuries, all world currencies are backed up to it. And a lot of people think that btc is one of the amazing worlwide scam of peoples history.

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[Xelle]

Maybe because bitcoin price is going up and down but the gold value is increasing yearly..

[elwiswoodie]

because Gold earns recognition from all walks of life that it is a rare thing anyone can have with more money
Gold prices are more stable than the price of Electroneum 

[ajjhu]

I can't see how the gold can be better than bitcoin...
They are two different things, bitcoin is a digital cryptocurrency, and can make you rich fast
Maybe for someone gold is better than bitcoin because you have and can touch your gold, and bitcoin is digital
But i think that bitcoin is better than gold.

I personally agree with you very much, but you know that some people are more conservative. They think that the real thing is always more than the virtual reality. Although they do not touch the gold they invest in, they think gold is definitely better than bitcoin, and that's what those Human thought.

[hebistix]

By holding gold people won't get rich. They can be assured they won't go poor either but gold is for a kind of people which will not by any mean like/transact cryptocurrencies. Are two completely different worlds and shouldn't be compared

[Klestar]

Gold has the assurance of claiming such amount unlike bitcoin because gold is more stable than bitcoin and other cryptocurrencies. In fact so stable that it is the basis of the national currencies like USD and PHP , bitcoin on the otherhand has a high volatility rate than gold.  Which works us a double edge blade since bitcoin can go to 0-100 or 100-0 pretty fast.

[Fit Cat]

Gold is a mechanism to store value / purchasing power, though we cannot use it directly to buy goods or services nowadays due to the difficulty of measurement.

Bitcoin, on the other hand, is hard to be a payment method due to high transaction fee a slow transaction time when it comes to small payment.

[Quarantine34]

Gold is a mechanism to store value / purchasing power, though we cannot use it directly to buy goods or services nowadays due to the difficulty of measurement.

Bitcoin, on the other hand, is hard to be a payment method due to high transaction fee a slow transaction time when it comes to small payment.

Yes, because gold is a mechanism to store value/ purchasing power. But for me, bitcoin is much better now than gold, because some markets, stores, you can paid using bitcoins.

[Fit Cat]

Gold is a mechanism to store value / purchasing power, though we cannot use it directly to buy goods or services nowadays due to the difficulty of measurement.

Bitcoin, on the other hand, is hard to be a payment method due to high transaction fee a slow transaction time when it comes to small payment.

Yes, because gold is a mechanism to store value/ purchasing power. But for me, bitcoin is much better now than gold, because some markets, stores, you can paid using bitcoins.

Yes and no, LOL. As the transaction fee is too high lately for btc.

[kavindra]

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 better than bitcoin because gold is precious metal, gold is not for a medium like bitcoin but gold is used as jewelry, and gold can be traded offline. the gold price is more stable than bitcoin

[samuel0909]

Lost of people tend to see gold more trustable and valuable mine compared the brand new digital currencies. It is quite normal because this is a tradeable good and always has a value, it is concrete and long term investment tool.

[Vin183~]

Probably because they think bitcoin is much more risky because no legal entity is concerned.

[samcun]

Why do people say gold is better? It must be like that, Gold is still better than bitcoin. Gold has a physical form, real and valuable. While bitcoin: digital, not real, will disappear over time.

[Pansamantala]

Many people are choosing gold instead of bitcoins mainly because of gold's high stability rate and its appreciating value over time. They think bitcoin wouldn't last in the long run because of it's high volatility rate and instability on its value. In the other hand, gold's monetary value remains stable through the years that it has been a basis of determining the monetary value of a national currency. And most especially, people choose gold over bitcoin because it was tangible.

[gcckpxm62308]

Gold is a mechanism to store value / purchasing power, though we cannot use it directly to buy goods or services nowadays due to the difficulty of measurement.

Bitcoin, on the other hand, is hard to be a payment method due to high transaction fee a slow transaction time when it comes to small payment.

Yes, because gold is a mechanism to store value/ purchasing power. But for me, bitcoin is much better now than gold, because some markets, stores, you can paid using bitcoins.

Bitcoin payments are not yet widespread, and now only a handful of stores in a handful of countries support bitcoin payments. If you take gold to pay, I think more stores are willing to accept gold instead of bitcoin.

[bimbomalt]

I think Gold is physical and precious, not disappear. Bitcoin is digital, can disappear anytime. 

[LinAliza]

People say Gold is better for those who didn't know the importance of Digital Money.
Gold investment is so far good cause at times passes Gold value gets bigger there is no argument on that. Well, compared to digital money it has its own risks as its value depends on the market supply like any other fiat currencies. People have different views on where to invest their money. Or so where they can gain benefit and earn more in a certain field.

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[Skyshark]

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?

If we put the test literally then that is what we are gonna get, maybe bacasuse of the work o be done to actually exchange gold to money. Today, people are accepting paper money and coins rather than gold when it comes to normal or regular trasactions, maybe that is because they dont know how to exchange gold to cash. I think it is the same reason why people are still hasitant in using bitcoin and other cryptocurrencies, but nowadays, bitcoin is gainging more fame than gold, I can say that gold is more stable, but cryptocurrencies will give you more profit, you just need to learn how to play wtih the currencies.

[meshow1]

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?

Some people say that gold is better. But it depends to people what they believe.