Bitcoin as a better store of value than gold

[alina345]

Both are great assets, and store of value. I would invest in both of them because they are extremely popular, fungible and are accepted by most people. Although Gold may need to be kept in storage, it holds tremendous intrinsic value. Bitcoin, on the other hand, is used as digital money and can be transferred from anywhere to anyone. Although transaction speeds are slow, Bitcoin works great as a dependable store of value just like Gold. In fact, it is even possible to exchange between the two.

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[onrise]

Featured between bitcoin and gold is how bitcoin could grow up faster than gold, how ever we need take about one years for check gold have higher price, but bitcoin could growing up just take one day or short term moment.

It has to be a combination of both if people want to have a little safe bet and invest accordingly so that can make the bests possible gain from both of the things . If people want to have little more risk than investing  in btc is a good option as in long run you will make more money than gold .

[boyptc]

Bitcoin could raised to higher price only in short time and different from gold or other investment kinds where needed long time raised to higher price, but bitcoin could dump lower than other investment like gold.

Bitcoin is more volatile than gold.

There will be some advantages and disadvantages for both but I'm into bitcoin so I'll support it.

--> https://blockonomi.com/bitcoin-better-store-of-value-than-gold/

[Cryptoobiobi]

Really, bitcoin is really a very safe, secured and less cumbersome store. Its value appreciates with demand and supply like gold, but as a young technology, bitcoin and indeed blockchain technology is set to revolutionize the world in all ramifications. Bitcoin is the next big thing in the world's financial sector. Indeed, cryptocurrency is something more than gold

[DigitalCyberius]

*BECAUSE of a "centralization in vaults" problem?
#1. As stated, many people do not keep their gold in vaults.
#2. If you are going to use a vault, then I suppose so. It would really depend on how well you trust the bank or private company's vault in question.  

Also: what about Bitcoins and other crypto getting stolen from exchanges?

Cyberius team.

[Carollzinha]

I believe that just like Gold not having any kind of paper writtings (proof of ownership or taxed or controlled by government) in the beginning proves that Bitcoin will surely follow it during some lifetime.
Right now we can feel government is still trying to achieve a 100% potential control over it.
But it's not easy to control bitcoin or any kind of cryptocurrency due to his own internet and network technology.

[Annalise24]

In as much as I would want to believe that bitcoin is a better store of value than gold.
I still do think that when the factor of risk is factored in....that gold would be preferable .
The volatile nature of bitcoin is a weakness to it serving as a store of value.

[LimLims]

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.

Yeah i am completely agree with you.
It's better to invest in Bitcoins or cryptos rather than Physical assets like Gold etc.
The reasons you have stated are quite justified. No Government can control over pur virtual assets and we can store as much as we want. But the problem with Gold is that, there is a certain limitations upto which we can hold it.
If we hold more than that, then the government​ may claim it as black money.
So i am completely agree with your opinion.

[BeGoods]

Indeed because when you have gold, you can only carry enough amount that you can but with bitcoin, you can access anywhere in the world or anytime that is convenient to you. I think gold is more like a collection and btc really suits the store of value.

That's because you don't use gold to make your daily purchases and payments. You use it as a store of value, because its value remains stable and grows over the years. Of course bitcoin has a lot more advantages than bitcoin when we talk about making transactions, exchanging it and many other but the fact that it's price is so volatile makes it bad for a store of value.

Yeah we use it for the store of value not for the currency that you have to carry at all times. Bitcoin is better in terms of currency because it can be carried everywhere flexibly, but it's about store of value, and saving wealth in gold forever will never make you lose..