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Author Topic: So Bitcoin is better than Gold?  (Read 53384 times)
wagi
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March 15, 2018, 03:32:59 AM
 #2181

So Bitcoin is better than Gold? Roll Eyes

I would like to say, yes Bitcoin is better than gold. let's make some comparison.One of the most striking differences between gold and bitcoin is that while the precious metal represents a physical object, bitcoin is entirely digital.
Buy why are we comparing bitcoin with gold? Bitcoin is a currency which is we use for shopping and purchasing thing, while gold is a precious element and not a currency. I think both have their own importance. Bitcoin is good to be use for shopping throughout the world, without changing it into any other fiat currency, while gold is good for holding, because gold has a stable price and we can observe a very slight change in the price of bitcoin.

Yes agreed if you compare bitcoin and gold in the field of currency and not currency, they have different importance.
If we talk about this than nothing is better than.
But gold and bitcoin nowdays become investment tool so we keep them and hope the price is better in the future.
Which one do you think better?
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Hotel_Prodeo
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March 15, 2018, 03:47:03 AM
 #2182


So Bitcoin is better than Gold? Roll Eyes
If we think is profitable then bitcoin is better than gold, with $ 1 million we invest bitcoin then in a year to $ 10 million, whereas if gold is not more than $ 1.01 million, that's what tempts everyone to invest bitcoin.


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Marnihughes82
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March 15, 2018, 03:52:00 AM
 #2183

Both are limit and not inflation. But gold is recognized by everyone and internationally, bitcoin has not done yet
Xenoph0bia
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March 15, 2018, 03:56:52 AM
 #2184

So Bitcoin is better than Gold? Roll Eyes
It’s true that bitcoin has defeated gold in the terms of prices and since bitcoin has started it has gained huge amount of popularity and users throughout the world resulting in increasing its demand. But stil I don’t think that bitcoin is better than gold because firstly, gold is a stable form of currency and its value does not fluctuate often whereas bitcoin is not a stable form of currency and its value fluctuate a lot. Secondly, gold is trusted worldwide and is also accepted around the globe whereas bitcoin is not trusted and it is not accepted everywhere.
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March 15, 2018, 05:15:21 AM
 #2185

Both are limit and not inflation. But gold is recognized by everyone and internationally, bitcoin has not done yet
Bitcoin is still on the process of getting notice by the people around the world and i think that the bitcoin will be able to be accepted or adopted by the majority after 10 years from now because the technology of the cryptocurrencies are really giving good ideas to the other people and businesses to create their own service and solve the current issues that we have through blockchain.
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March 15, 2018, 08:15:42 AM
 #2186

If to compare bitcoin and gold now, then of course gold is better! If to look forward, then to answer this question very difficult. Perhaps the bitcoin will be tied to gold in the future)
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March 15, 2018, 08:22:11 AM
 #2187

So Bitcoin is better than Gold? Roll Eyes
I think so that bitcoin is better than gold because bitcoin prices can changes its value from time to time as its ups and down
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