Why people says gold is better?

[rcoins0720]

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 not like bitcoin the price of gold still remains the same and until you hold or invest on it it will not loose its value over the time. also like techs and gadgets the value will loose over atleast a why most of the people says gold is better. physical and you can securely keep it.
but for me bitcoin is the best of course . despite of its volatility its price will continue to rise hehehe

[money_amount]

Gold is better than bitcoin because it is a tangible value, while bitcoin is invisible. But to talk about the investment market, I am sure that when you invest in bitcoin it will give you more profit than when you invest in gold.

[Khupeha]

because gold has already thousands of years as a proven universal money, and bitcoin is still a novelty

[GamblingPurveyor]

Bitcoin’s been instable principally attributable to the stupid flow of individuals suddenly detected it’s free cash

[PatronRH]

Gold is the father of all currencies. And even nowadays people still use it sometimes to determine the price of other currencies. Plus, it is stable so can be used to exchange goods meaning you are able to buy something and be sure that tomorrow it will have the same value. This is unfortunatly not bitcoins case and that is one among it's cons.

[waywethe]

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

maybe you're right. But now I see gold is better than Bitcoin in case the price of bitcoin continues to reduced

[Sled]

Gold is the father of all currencies. And even nowadays people still use it sometimes to determine the price of other currencies. Plus, it is stable so can be used to exchange goods meaning you are able to buy something and be sure that tomorrow it will have the same value. This is unfortunatly not bitcoins case and that is one among it's cons.

I don't think that the gold is the father of all the currencies because gold is just being use as an exchange from a lot of decades ago but it is not the father of the currencies. They say that it is better because it is popular and one of the most well known type of investment that is great for long term investment.

[kiddddddd]

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?

Natural resources like Gold and silver are the first thing we used as a mode of payment thousand years ago. I don't wonder why there are some countries that accept BTC and not gold, you can put it in the simplest common sense. BTC can be changed into fiat for just a few or more hours while gold needs to verify to its inner and weight., sometimes it will take days but some countries can do it for an hour. BTC itself are so volatile while Gold still remains the same. basically gold is for a long-term asset that you can wear while BTC is like fiat money that you can use for the daily life.
They play different roles but they both had a huge role in society and comparison should not be our priority.

[arifteguhr]

Gold has real goods and gold also has its own appeal in people. they love gold because it has long been in trading and investment is safe. many countries have agreed and made regulations about gold

[jaysabi]

I belive this is a cultural matter. There are people who just like the old shiny things. It is true that gold always represented an investment and it has his own history despite bitcoin.

Gold has served as a historical store of value. Store of value is a necessity for an economy as a whole and for people on an individual level. Without it, long term planning and saving are not possible, and economic activity is far lower and more uncertain. Because it's a fundamental necessity, it was inevitable that something was going to represent value and be widely acknowledged as such. Gold just happens to be that something. Now, it has a few millennia of tradition acknowledging its universal acceptance as a store of value - as something that is itself valuable and that other people will accept as valuable - and that is the type of thing that is not going to go away. As long as transactions are necessary and some people need to trust an instrument to exchange value, gold will be be considered valuable. Today though, we have fiat as well, and the USD is almost universally accepted for exchange of value as well.

[terrong]

Gold has real goods and gold also has its own appeal in people. they love gold because it has long been in trading and investment is safe. many countries have agreed and made regulations about gold

many who like gold because of the gold used to be a medium of exchange before there fiat money. gold has become a trend of trade and as an investment that always makes the price more stable than the real world

[Kadal Ijo]

Everyone would find it hard to say that there is already a better product or commodity than gold, this is because gold is well known all over the world and the type or character of gold is easily recognizable, the value of gold will never drop so people are not worried about the future of gold .

[tarable]

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 the state of bitcoin is currently low then yes indeed many are using gold as well, because the gold price is relatively high as well.

[Harley29]

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?

The main reason is because gold is more popular than bitcoin! The gold also proved that the price of it is rising up because of the demand of the people. I think it is the reason why many people are saying that gold is more good investment than bitcoins.

Popularity is the reason but the gold has stable value which is the main reason that it is better than any other assets of the world.But in terms of profits giving gold may not be the best because its price growth is very very low,so bitcoin is better in terms of the growth percentage.

You are right to some extent that people like gold for the stable price but it is also very true that bitcoin does not earn profit for you, so I think it is good to use bitcoin for investment not gold, it is very hard to manage with your gold, it is risky to have at home as people will always try to robe your everything, but if you will hold your bitcoin in your wallet it will be risk free and not one will be able to take your bitcoin form your wallet. So buy bitcoin it is good that gold with all respects, in safety, in growth, in fluctuation and making profit, easy to hold and use at time of need.

[Markperop]

I think gold is more stable than Bitcoin , a long-term investment , not better than Bitcoin. Bitcoin has a huge profit if you're investing in it but it could turn into a huge loss so that's why people say it has a huge fluctuation.

gold accompanied and served people all the time of human development. He was appreciated earlier and appreciated now. Every child knows the value of gold metal, so I'm sure that gold costs much higher than Bitcoin. But Bitcoin today provides a good opportunity for earning and developing various spheres of human life through cryptography.

[ajdaj]

I think gold is more stable than Bitcoin , a long-term investment , not better than Bitcoin. Bitcoin has a huge profit if you're investing in it but it could turn into a huge loss so that's why people say it has a huge fluctuation.

gold accompanied and served people all the time of human development. He was appreciated earlier and appreciated now. Every child knows the value of gold metal, so I'm sure that gold costs much higher than Bitcoin. But Bitcoin today provides a good opportunity for earning and developing various spheres of human life through cryptography.

Apparently so I think a lot of people And while always trying to use the crypto currency for their enrichment. Thus, everyone adheres to the plan to make money using Bitcoin and invest it in gold.

[markj113]

Why is bitcoin always visualized as a gold coin?

Because gold depicts wealth throughout the world.

[Indra123]

I think for me better is bitcoin rather than gold because if you have gold now you'll be goin to jail because all gold is own by the government rather than bitcoin no one can own bitcoin system so you'll easily transact it rather than gold.

[DiabolicAnt]

They say it just because it's usual to them - let's see what they will say in the next 5 years.

[Dark Sky]

I think for me better is bitcoin rather than gold because if you have gold now you'll be goin to jail because all gold is own by the government rather than bitcoin no one can own bitcoin system so you'll easily transact it rather than gold.

I think you will never going to jail because your will your property not of the government property, so i think investment in gold will risky and maybe thief stole my gold so that's why bitcoin is much better than gold and more profitable than gold's profit but people are not aware from bitcoin that's why they says about gold.