Bitcoin as a better store of value than gold

[santiPOGI]

There are no limit in having golds in your own home here on my country.
I would love to choose bitcoin but there are so many country who are not into it and still hard to get in many merchants or people.
GOLD is physical investment which you can have, you can sell it anytime and the government has nothing against it.

[Escf4]

There are no limit in having golds in your own home here on my country.
I would love to choose bitcoin but there are so many country who are not into it and still hard to get in many merchants or people.
GOLD is physical investment which you can have, you can sell it anytime and the government has nothing against it.

By this time that some of the government are not yet accepting and adopting bitcoin, then gold is still the better store of value , for it is a stable kind of value storage that can be depended, but for bitcoin it is still good storage of value ,but because of its volatility, it always changes its price value from time to time.

[Wellyan]

maybe the bitcoin investment exceeds gold if the crypto currency has been inaugurated as a valid currency, of course it can happen

[Canoppo99]

Wouldn't gold's physical nature be a real weakness because it could cause a "centralization in vaults" problem? How much gold can an individual legally own and store in your homes in your country?

Then there is Bitcoin. It is virtual, and it opens a world of private key ownership, and therefore, true sovereign ownership of private property which governments cannot control.

Gold will always has value, gold has intrinsic value. Gold is uses in electrical components, so the physical nature is not a disadvantage of gold. I can't say that bitcoin is better than gold but bitcoin is better than fiat money. By the way save gold in our house is not good idea we need to save it in deposit box in bank.

[Inosend]

I and my fellow crypto analyst were arguing over this matter couple of days back, for me I think gold is ahead of bitcoin for now

[Bhugz09]

Bitcoin and gold is differs in system such as bitcoin is digital currency and gold is a physical element that has a value. Maybe comparing them would not be necessary because both of them has value.

[samuraijin]

if in my own opinion bitcoin is not good for storing value, because the price is never stable compared to gold which is always stable even though it is slow for price increases. so gold is the best for storing value

If my opinion, both of them have very good value and there are similarities in the values that they have, so which one is better for assets in the future, I think if you have both it will be the biggest asset in the future, so how do you react to these two things, despite having a difference in their price factor ..

[Tingtong]

Gold is always better for  beauty clad and it price not many increase or decrease at time. If anyone invest her money in gold he can keep some profit and it don't have high risk. Other bitcoin price highly up and down at time. If you have enough knowledge about crypto you can make high profit. Bitcoin have high risk. So i tell if you know about crypto your better store is bitcoin.

[Ezenwanyi1]

I think both are good in storing value but personally, gold would be the best option because it does not have a volatile nature like bitcoin.
Gold is a good store of value for me.

[BigBos]

maybe the bitcoin investment exceeds gold if the crypto currency has been inaugurated as a valid currency, of course it can happen

hope someday bitcoin can be better compared to gold. but, I think that will be very difficult. that's because gold is different from bitcoin, and gold is always an important asset. however, normal people will be more likely to choose gold than bitcoin.

[investorss]

here 50 to 50, I would not save money in one currency. It is better to divide, and after some period to draw conclusions.

[Omparkash72]

Both are unique at their level, if we store in Gold we need to store in our locker or any safe place but in Bitcoin we don't need space to store . the other thing is Bitcoin is new to many person and people are too much attract towards bitcoin that why it will give you more profit as compare to Gold. My opinion is to invest in Bitcoin is better then Gold.

[Blocktopian88]

However, I read an article a few days ago, contrarily, the article's conclusion said "the physical physical store of value is still earning its name as a safe haven asset while the digital alternative has yet to be able to", because gold was still correlated with the VIX but BTC was inversely correlated.

[wendiar19]

of course not, gold is better than bitcoin because with gold you can exchange with forms that are physically original whereas if you use bitcoin you might use cryptocurrency or digtial currency and the payment does not have physical value or just digital.

[Commitments]

Maybe gold investment could change price about 4 until 6% every year, bitcoin have speculative price and could change just one day more than 50% but some time you will be afraid when bitcoin could be lower price just few moment,

[CryptoKush]

It depends on the purpose with which you use Bitcoin or gold. If you want to transfer value, then you better use Bitcoin. If you want to save money and get invective profit, but you are ready to risk, then you better use Bitcoin.

[evanescence]

Gold's major selling point as a store of value is that it was actually used as a currency - for centuries even.
Unless there's massive fabricated hype by popular people, I don't think BTC will ever replace gold.

[HandsomePeople]

I would say big No for one reason, Bitcoin is very very volatile. Imagine holding $1M worth of bitcoin in short time become $0.1M ! it would be a nightmare for normal people. Trading skills is required if are willing to hold bitcoin or any other cryptocurrency.

[Ottav1o]

Probably the storage of gold has many limitations, I think it is convenient to store Bitcoin, and to be confident in protection, although gold, a crypt, is a thief for everything, it is such a law of life, ideally it would be that only a little bit was kept and everyone had and gold and bitcoin in the right quantities, for possession.

[martina14]

If you want to just store the value then you need to go for gold as gold continue to rise in slower mode and fall just a bit but sure to get up.
While in bitcoin the phase is really fast and you can earn fast and big but never forget that you will can also lose.