Why people says gold is better?

[Gladz29]

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 gold is better, yes gold is better but not all of us can own gold. Unlike bitcoin we can buy in a small amount until we can hold whole bitcoin. But bitcoin can level the value of gold. In near future bitcoin can be higher value than gold.

[mary0919]

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 for the people who do not know how to earn bitcoins. Maybe for those who do not know how to trade it and who do not know how advantage bitcoin is for now. We have different reasons behind this things and this is in my own opinion.

[nightfury]

Because 50% of all people have IQ lower than 100. 

majority people doesnot sure a virtual

They just don't really know the technological advancements that are already existing in their surrounding today. They may be unaware of it, uneducated, or perhaps close-minded people in terms of adapting the blockchain technology. We can't also blame them if they believe that way because gold is already there long ago before even the 1st computer was ever made.

[kyucryp]

people say gold is better I think the reason is because of the solid and real gold form there.And the golden nature that can not be rusty that people liked since ancient times.And also the golden form that can be converted into jewelry is very liked by the public. While the bitcoin is not visible and not real we can only see in computers and internet. If we lose internet access then we also lose bitcoin. That is the reason why gold is still better than bitcoin.

[pluMmet]

Because of the gold has a stable and easy received by everyone, do not like bitcoin that can not in received by everyone and has value is not stable that could someday suddenly plummeted

[maculeth]

because gold prices are more stable, and never dropped dramatically as happened in bitcoin. but I just prefer bitcoin because of its fluctuations. I could have the opportunity to buy bitcoin at a cheap price and have the same opportunity to sell at a high price. although it takes time to hold. none of that will ever exist in gold, because gold prices tend to be more stable.

[valintino7]

Actually today I watched a video on facebook which is about spending bitcoin and gold in the 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 basically only created for investment assets not as a means of payment in supermarkets, restaurants or other places. Gold prices are always rising, this is what makes gold better than other investments.

[spiderm4n15]

Gold wins out over cryptocurrencies when assessed on the majority of the key characteristics of money, which adds that fear and wealth are the core drivers of bullion.

Investors boost the amount of gold in their portfolio as uncertainty increases, making fear the key medium to short-run driver. Wealth is the long-term driver, especially in emerging markets such as China, where growing income levels over the next few decades will support prices, it said in a report.

[Bitlord88]

Gold will always be ultimate means of trading and will always win over any cryptocurrencies as Gold has long been the holder of standard trading value and its value had never depreciated nor skyroketted that extremely. I'll say that Gold is the best investment also as you are sure your money will be converted into something tangible and universal and more importantly permanently.

[Palmholder]

   I also dont understand why gold is better. I dont know any legal way to sell a gold bar here, any shop demands it to be documentated, buyer wants to know its origin and pure gold persantage. It also may be dangerus to show a gold bar in public. But I can easely sell bitcoin here, so bitcoin is much more convinient substance

[pallang]

Some people say that gold is better than bitcoin because gold can be use by people in the form of accessories and they can keep it as their investment and anytime they need money they can use it while when you invest in bitcoin and it's price is low you can lose your money but when it's price will go high you can double your money and get a big profit.

[Memminger]

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?

Actually it is difficult because bitcoin's popularity and offers are limited compared to gold. The process of Bitcoin and gold is just the same. If it's not in cash, then you can't use them to pay for the things you bought. Maybe they are saying gold is better because their knowledge about bitcoin is not enough or they trust gold better because they haven't actually owned bitcoins. We can't blame them because we ourselves had trouble with bitcoin as well, we were just patient enough, unlike them 😎

[reynand]

If viewed in terms of risk level, gold is better because the risk is small even none, unlike bitcoin. If gold as a means of payment, it would be inconvenient and impractical. Just imagine we eat at a restaurant with 1 piece or even 1 gold bar and how about if we accept change?

[Altcoindealer]

The most people trust in gold, but they never think about it. Gold use just rare, and it need a hell of work to get them out of the ground. Also the winning of gold is very harmful to the environment. Gold has just the trust since thousand of years in humanity. And thats all. Its the biggest bubble in the world. You cant use gold for anything, expect some small parts in electronic items. I would forbidd gold because its so harmful for the eniroment.

[automail]

Gold is better because there are many ways to sell it. We can even pawn it if we are in need of money. Gold even has its street value so selling it won't be a hassle. Unlike bitcoin, gold doesnt need electricity and internet to function. For older people, they find bitcoin very hard to use that is why they prefer gold than bitcoin. In our case, we prefer bitcoin because we already know how it is. Everyone is different in so many ways.

[kateycoin]

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 have a value from the start but in paper money. Gold a good investment and as asset because of its value that's why some people say that gold is better than to bitcoin. Bitcoin have a own way to be the asset like you said we use it as payment even without a cash and bitcoin is valuable too.

[onebtcforlife]

Gold is always better because from the decades there is no huge growth and there is no sudden fall in its price. Even though you will get your real value when you sell it in the market. Compared to Bitcoin, Gold is not a big volatile, only a few changes in the price. 

[organelles]

Gold is better for most because its prices and valuation doesn't waver as much as BTC's making it a better storage of value. BTC is good but the unpredictable nature of its value is the only reason as to why most will settle for Gold instead

[Sithara007]

If someone says that gold is better than Bitcoin, then it is a proof that this guy knows nothing about BTC. Both gold and Bitcoin have their own advantages and disadvantages. But I wouldn't go to the extent to claim that one asset is better than the other, especially if the other asset has given 15x returns in 2017.

[Sled]

They are only telling that gold is better than bitcoin or compared to other cryptocurrency because gold is stable and it is not that volatile like the cryptocurrencies that can change its price for either an increase or decrease in the market. I can really say that gold is not better and bitcoin and other crypto is still better because of the opportunity of fast profits despite of the volatility.