Why people says gold is better?

[Silent26]

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 I think they just says that gold is better than bitcoin because, in payments. It is obviously that gold is easier to use to pay someone or example in a mall or a grocery etc. Because if we are having a gold. Giving it to the cashier is much easier than opening your phone and sending the bitcoin to the cashier. When paying using gold. Internet is unnecessary not like bitcoin. We still need to open our data/wifi and open our wallet to send the coins. It has some point right?

[rony01941]

Gold is the better.Cause gold is all over the world. Gold knows about gold. Everyone knows about Gold. But Bitcoin is not yet known as Gold. There are many people in the world, who are ignorant about the Internet. However, they do not know anything about Bitcoin. But there is no such problem with Gold. So it is the Gold Better and the Benefits. But by using Bitcoin It is understood that in the future, Bitcoin will be known all over the world.

[crypto4lambo]

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 it is because the fact that gold is tangible and can easily be stored physically without worrying to be hacked or phished online specially to those who are not well knowledgeable in the internet. Gold also is present and been existing generation by generation compared to  Bitcoin who is fairly new to our society and is not widely acceptable. Bitcoin also has some drawbacks specially its fees and transaction rate. Its price is also volatile that can cause instability in its value. But I think if it can be overcome and can come up with a solution then we can see a universal currency that can dominate the financial market.

[Siren]

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?

it depends on which PEOPLE you mean here,are those from outside crypto world?because this word wont come out from cryptonians for sure,so if thats the matter i see no comparison at all,having two diferent stands and perspectives..gold is better for them because its physically and they can feel in their hands and can feed to their eyes so assurance is what they've got,while in bitcoin is purely virtual and can only feel if you convert into fiats

[rampage101]

We used to evaluate things when we see them or hold them in our hands. Bitcoin does not have such a physical form as gold, so most people have less confidence in it. But this does not mean that it is worse than gold. It's just that gold has been tested for many centuries, this is the most powerful argument in its favor.

[justine11]

Pure FUD they don't really ban bitcoin or cryptocurrency nor issued a statement about banning cryptocurrency in India at all in fact the minister of finance in India said this on his statement:

announced an upcoming ban.

"Bitcoin Ban" after few days or months

Upcoming? lol did you read and comprehend the whole statement Finance Minister of India? They have no plans banning bitcoin in india at all he said in the statement, they will not recognize bitcoin as a legal tender or coin in their country and they will embrace blockchain technology as another mode of payment in their country.. If you mind read this article for your worthless mind will understand: https://bitcoinist.com/india-wont-ban-bitcoin-embrace-blockchain/

[pratik.korde]

Because Gold is all over the world. Everyone knows about the Gold, but i think bitcoin is not popular as Gold. you can easily store gold anywhere without get hacked. There are many peoples in the world who aware of internet that's why they don't know about bitcoin. Gold is always profitable and safe investment for many peoples in the world.

[sanjay6121]

people buy gold and they have feeling secure that gold is safe but gold may not have an immediate use but bitcoin is used in purchasing in supermarket and used in restaurants and some another places and then why people says gold is better.

[Zaarin]

 I unity the opening of crypto currencies are not synopsis properly. people are using gold from the start and know how to use gold following to get your hands on, and gone to sell. i had never use gold but if you study me what to chose bitcoin or gold, i will probably pick the bitcoins. because i have right of entry the acitivate of bitcoins and have a lot of merger in it.

[carens]

if according to ane sih gan, because gold has become a hereditary infestation, from ancient times, and gold can be sold anytime, and anywhere especially among the gold community is not foreign anymore, all know what is gold from children parents.

[sadacoin]

People who do not understand bitcoin think Bitcoin is just a virtual currency that is hard to value and risky. However, gold is a kind of material, there is a long time ago, the price stability.

[mjacer]

gold is better in terms on volatily in price.
bitcoin price is a lot volatile, in any minute you'll loose part of your money, in any minute you'll gain.
it depends on the person using it.  but if you want to gain more, i would suggest for the cryptos ;-)
big gain in a little time.  Also in terms of availability and ease in transacting, virtual is better and faster that actual on hand ;-)

[carlisle1]

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?

who says that?those people that know nothing about bitcoin?thats why they can compare the two,but it wasnt right,because the precious gold is physical,and been here before our ancestors came,while bitcoin is virtual and just starting to makits stand.but comparing the prices its bitcoin that has higher value

[Sky5678]

Bitcoin is dead but not dead yet even stronger than before Grin

Bitcoin is king and will always be king, no denying about that. Any shitcoin will replace bitcoin? In your dream! If bitcoin dies, crypto will do as well

[Nexjr14]

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 not a valid currency used transactions. But gold is an asset, so you can not use gold as a payment transaction.

[YzzyGo]

Gold has more uses than bitcoin currently. Aside from being an investment, gold can also be used for fashion, in electronics and even dentures. But with even it's many uses, bitcoin is still superior in terms for ease of trade and price growth.

[kkukkugaga]

I think gold is better than btc since its value is not volatile unlike btc. Gold always have fixed high value while btc shows high and low value depends on time. However,  btc can now be used as payment unlike gold is seldom used.

[Agamemnus]

Gold value is stable and does not crash like bitcoin in short term.

[ciarneil01]

Financially speaking, gold is better because it can be considered as a hedge. In finance, hedges are investments that are used to compensate losses in another asset. One example is when you invest and buy gold to be used as a hedge if the value of a certain currency drops that may result into inflation or any other financial crisis that may happen. Hence, if stock market crash happens, the price of the gold increases offsetting your losses. Gold will be considered as your defense in incurring losses in your investments.

[pusa aso]

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 that gold is better because some people are not aware in bitcoin and they don't know how to use it that's why they still love gold to use it every where they go.but if you will imagine how can they use the gold maybe they will sell the gold then they will use it to buy what they want to,thats my idea but i would rather be use my bitcoin for anywhere.