1BTC or 1oz of Gold. Which one would you take?

[light888]

I'll take both.
Thank you. 

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[tkbx]

Take the gold, sell it for a bitcoin, 2 pounds of gold, and a relatively nice chunk of spending money left over.

[FalconFly]

When it comes to increasingly long timeframes, anything digital is simply no competition to physical value, no matter what anyone wants to tell you otherwise (i.e. "as good as gold").
That's the advantage of being an older generation, over time you learned what value really means.

+1000  Great post.

That's only because physicalness has implied scarcity.  If tomorrow FTL space travel were invented and super cheap and we discovered a million earths rich in resources and suddenly physicality was as cheap and plentiful as digital things, then the "real value" of being physical would diminish almost completely.

That's basically true to some extend (but it would still have to be mined somewhere and the FTL travel to there&back would have to be basically 0-cost) - but what are the odds any of that happening in your lifetime?
I'd say for the next 100 years any of these possibilies are fairly close to 0 - all combined definitely a full plain 0.

When basing investment decisions on factors, I'd rather choose realistic factors going into that decision. But that's just me.
(I even assume mankind would rather bomb itself back to the stone age than unite as a civilization and go all-in to discover deep space)

[bananahoho]

I will choose the gold, gold price is BTC several times. Even though the currency has a great appreciation of space, I can sell the gold buying several BTC

[softron]

I take gold and buy some bitcoin at lowest price i can get

[xiaohuolv]

bitcoin. I dont like gold

[crossabdd]

Gold has its value since  the every beginning.You can trade gold everywhere.  Bitcoin is going down; it is now up to few holders, who have 100k+ btc in their wallet; they just need a slow escape plan; because u cant sell suck amount  at once. You need to exit slowly in order to keep the price high.
Bitcoin  is jut the biggest scam in the history of humanity.Billions of cash was made by selling some simple asics, miners and trading .
Only fool is thinking some  random number are suddenly worth of 1000 Dollars.
Lol,  "00000000000ererw0ewedsdfsdcshit" is worth  money? What a joke.
Don't think, gold is a good choice

[allenove]

One BTC is around $500 in today's price.
One oz gold is around $1348 in today's price.

SO selecting gold is good option.

I sold some unused gold jewelry yesterday and bought bitcoin at my local Robocoin ATM.

I expect the next bitcoin price bubble to occur in the next few months - at which point the issue of 1 BTC vs 1 oz Gold will be history.

[coinyear]

I would not hesitate to choose... Gold

[romang]

I would take the Gold.     

[bolverk]

That's only because physicalness has implied scarcity.  If tomorrow FTL space travel were invented and super cheap and we discovered a million earths rich in resources and suddenly physicality was as cheap and plentiful as digital things, then the "real value" of being physical would diminish almost completely.

You taking odds on that happening?  ;-) Hell, America has to hitchhike in Russia just to get a lift into orbit right now.  I'll wager that that scarcity won't be reduced in the next couple of decades.

[FalconFly]

An image speaks more than a thousand words they say :


(also goes to prove that they can all co-exist without problems, sometimes and is better than either or )

[Polycoin]

How about a third option...Kryptonite. Hey, you never knew when Superman might turn evil..

[mysidia]

"If you could accept 1 BTC or 1 oz of gold - but you can't sell or do anything with it for 5 years - which would you take?"

I would take the one ounce of gold.     Then I would next borrow  1 ounce of gold from someone else, at fixed interest, with a promise to return 1 ounce of gold in 5 years,  sell 80% the borrowed ounce of gold, and use the proceeds to buy Bitcoins.

Then in five years, when the ounce of gold is no longer locked up:  I would just deliver the  ounce of gold plus nominal interest, in order to repay the debt.

[TheButterZone]

Well... since 1 ounce of gold is currently trading for more than 1 bitcoin, I would take the gold and then trade it for more than 1 bitcoin.

Kind of a no brainer...

This. /endthread

[Hurk]

Well... since 1 ounce of gold is currently trading for more than 1 bitcoin, I would take the gold and then trade it for more than 1 bitcoin.

Kind of a no brainer...

This. /endthread

Agreed. Might as well be logical about it.

[Velkro]

bitcoin, doesnt matter if gold is more money now, i can only trade bitcoin, dont know how to trade gold

[snakebit]

As of right now I would take the gold to trade it. But by the end of the year, I would just take the BTC.

[Bit_Happy]

No question is a stupid question:
How can I qualify to get both? 

[Beliathon]

In the not-too-distant future, OP's question will sound as ridiculous as a 10,000 BTC pizza sounds today.