Why Bitcoin will always remain the best choice

[freedomgo]

The diagram below gives a short and precise distinctive difference between BTC, Gold and Fiat.



with the above explanation it is clear why btc is better and the best choice over the rest. If you are still in doubt it is too bad because you are clearly missing out.

But if you can have all of them, that will be a lot more profitable as you will gain multi sources of income. When one fails, the other asset will certainly works. Though bitcoin is still the best choice, but seeing how volatile and unpredictable it is, one should always be practical and should also have good amount of assets in their portfolio. That way, you will never run out of profits.

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[trendcoin]

There are clear and obvious reasons why we prefer Bitcoin, but I think its most important features are portability and divisibility. Today's world has relatively convenient and comfortable facilities compared to the past, but world history has not always hosted such lucky periods. If we make predictions about what we might encounter in bad times, we can better understand the portable and divisible properties of Bitcoin.

[Silberman]

There are clear and obvious reasons why we prefer Bitcoin, but I think its most important features are portability and divisibility. Today's world has relatively convenient and comfortable facilities compared to the past, but world history has not always hosted such lucky periods. If we make predictions about what we might encounter in bad times, we can better understand the portable and divisible properties of Bitcoin.

The portability of bitcoin is one of those characteristics that is often underestimated until you really need it, can you imagine how much of a pain would have been for someone holding gold at Ukraine to try to move it? With bitcoin the only thing that you need is a piece of paper with your seed words, and even something like that is unnecessary because if things got really bad to the point you were worried about every single one of your belongings being searched you could always memorize the seed words and carry no evidence you are holding any bitcoin, while still having the opportunity of accessing your coins in the future.

[2stout]

Perhaps even more important, it will remain the first choice due to history, longevity, it being first, established store of value and also responsible for basically the whole cryptosphere.  Take gold for example, at one point platinum was worth more (not any longer), however, palladium and rhodium are worth more than gold, esp rhodium.  But guess out of these metals which is the first choice- gold, for basically the same reasons as Bitcoin is when it comes to crypto.  This could also be considered another perspective on why Bitcoin is digital gold.

[Abiky]

It's true yet I don't think that it's possible. I mean, Yes, Bitcoin is much greater and better than Gold or Fiat however I doubt that the people will try to abandon those two even if they are provided with correct information. People would rather choose convenience which is why fiat is the most favourable choice as it can be used to any kind of transaction.

Also, Unfortunately, Not only is the government against bitcoin but rather some professionals, celebrity, and various people who still thinks that crypto is a bubble even though that reliable information could be found throughout the internet.

Convenience always goes on top of security/decentralization. After all, people want to get things done as quickly and easily as possible. It's this reason why Fiat currencies won't be going anywhere soon. On the other hand, Gold is a well-known precious metal that's been used for centuries to build and preserve wealth. People trust Gold more than they would trust Bitcoin.

While Gold is much more stable in price than Bitcoin, it doesn't give you the ability to make huge returns out of it. Your wealth is relatively static in Gold, with little to no chances for profit. With Bitcoin, you can multiply your purchasing power if you know how to deal with volatile market prices. Despite its limitations, Bitcoin is still a better choice than Gold or Fiat because it's censorship-resistant. That means that you and only you control access to your funds. I hope people would get to learn more about Bitcoin to witness its full potential. Considering that Bitcoin has come a long way since its inception, it's unlikely it'll disappear anytime soon. Just my opinion

[batang_bitcoin]

There are clear and obvious reasons why we prefer Bitcoin, but I think its most important features are portability and divisibility. Today's world has relatively convenient and comfortable facilities compared to the past, but world history has not always hosted such lucky periods. If we make predictions about what we might encounter in bad times, we can better understand the portable and divisible properties of Bitcoin.

The most important to me is that it is scarce. That's one main reason for someone who looks for assets that he can depend on in the future. Having that limit in supply is what makes it an interesting and a good choice for those that are not really good in investments.
Understanding that simple economics would lead them to be open into more other assets upon finally having bitcoin as part of their portfolio based on that criteria.

[ChiNgadOr]

Perhaps even more important, it will remain the first choice due to history, longevity, it being first, established store of value and also responsible for basically the whole cryptosphere.  Take gold for example, at one point platinum was worth more (not any longer), however, palladium and rhodium are worth more than gold, esp rhodium.  But guess out of these metals which is the first choice- gold, for basically the same reasons as Bitcoin is when it comes to crypto.  This could also be considered another perspective on why Bitcoin is digital gold.

A reliable digital gold we don't have to ignore because of the ability to make more investors millionaires. This is an investment opportunity and also an assets that we can keep for long ams make money from the huge liquidity that could increases or decreases the worth with time.
Bitcoin is gradually becoming a universal and acceptable digital gold with time even though many countries still think Bitcoin could pose a big danger to their economy growth. Many persons are beginning to understand why they need to hold Bitcoin since the worth of fiat can lost value anytime.

[albon]

Bitcoin will always remain the best choice for every person, which is the investment of the future, as the return on investment in Bitcoin is very large. Cryptocurrencies, in general, have witnessed tremendous growth and recovery over the past years, Also, Bitcoin is better than gold and better than Fiat money for several factors, and the most important advantage is decentralization, as Bitcoin and other cryptocurrencies cannot be tracked by governments and transactions are done anonymously and quickly and can be sent and received in the wallet of anyone around the world with the click of a button.

[m2017]

Bitcoin will always remain the best choice for every person, which is the investment of the future, as the return on investment in Bitcoin is very large. Cryptocurrencies, in general, have witnessed tremendous growth and recovery over the past years, Also, Bitcoin is better than gold and better than Fiat money for several factors, and the most important advantage is decentralization, as Bitcoin and other cryptocurrencies cannot be tracked by governments and transactions are done anonymously and quickly and can be sent and received in the wallet of anyone around the world with the click of a button.

I would not be so categorical in my statements. Bitcoin has many advantages and merits, but still, it is not an ideal asset that has its drawbacks too. Therefore, it should not be stated for sure that this is the best choice for everyone. Bitcoin is the best choice only for those who benefit from the features of this. Yes, BTC is better than fiat and gold in some ways, but I prefer not to put it all in one category for comparison.

Bitcoin and other cryptocurrencies cannot be tracked by governments and transactions are done anonymously

But here, you are very wrong. Bitcoin should not be idealized, because it is easily traceable and pseudo-anonymous. Soberly evaluate opportunities, use advantages, consider impact  bitcoin's limitations and try to reduce it.

[wiss19]

Bitcoin will always remain the best choice for every person, which is the investment of the future, as the return on investment in Bitcoin is very large. Cryptocurrencies, in general, have witnessed tremendous growth and recovery over the past years, Also, Bitcoin is better than gold and better than Fiat money for several factors, and the most important advantage is decentralization, as Bitcoin and other cryptocurrencies cannot be tracked by governments and transactions are done anonymously and quickly and can be sent and received in the wallet of anyone around the world with the click of a button.

I would not be so categorical in my statements. Bitcoin has many advantages and merits, but still, it is not an ideal asset that has its drawbacks too. Therefore, it should not be stated for sure that this is the best choice for everyone. Bitcoin is the best choice only for those who benefit from the features of this. Yes, BTC is better than fiat and gold in some ways, but I prefer not to put it all in one category for comparison.

The point is that bitcoin may not be the best there could be, maybe there could be something better in the future, but it is certainly something that we haven't seen so far and there aren't any better ones as well. This is why the best thing to do would be a great competition to bitcoin and that way we could see them both trying to be better than each other and improve meanwhile.

However, right now we have bitcoin and fiat and gold etc, and when you compare them bitcoin is the best, even though it has some drawbacks, it is still the best, and that means if someone gets 10/100 out of an example in a class, and the other gets 30/100, the one that got 30 could be bad, but still did better, and that is what we have with bitcoin.

[monineklutak]

Bitcoin will always remain the best choice for every person, which is the investment of the future, as the return on investment in Bitcoin is very large. Cryptocurrencies, in general, have witnessed tremendous growth and recovery over the past years, Also, Bitcoin is better than gold and better than Fiat money for several factors, and the most important advantage is decentralization, as Bitcoin and other cryptocurrencies cannot be tracked by governments and transactions are done anonymously and quickly and can be sent and received in the wallet of anyone around the world with the click of a button.

I would not be so categorical in my statements. Bitcoin has many advantages and merits, but still, it is not an ideal asset that has its drawbacks too. Therefore, it should not be stated for sure that this is the best choice for everyone. Bitcoin is the best choice only for those who benefit from the features of this. Yes, BTC is better than fiat and gold in some ways, but I prefer not to put it all in one category for comparison.

Bitcoin and other cryptocurrencies cannot be tracked by governments and transactions are done anonymously

But here, you are very wrong. Bitcoin should not be idealized, because it is easily traceable and pseudo-anonymous. Soberly evaluate opportunities, use advantages, consider impact  bitcoin's limitations and try to reduce it.

One of the reasons of bitcoin success is the credibility - the return people earn on it.
There is either gain or loss. But the only problem is the scammer which are attached to it. Those who are finding way to loot other.
So if you have knowledge of the coins and you can survive the market - just go for it.

Bitcoin has been embedded in many people's minds that by investing in Bitcoin it will be profitable even though it will not always be like that,
Regarding credibility, I think there is no need to doubt it,
never be afraid and have to believe in what we do ourselves

[Anonylz]

Bitcoin has been embedded in many people's minds that by investing in Bitcoin it will be profitable even though it will not always be like that,
Regarding credibility, I think there is no need to doubt it,
never be afraid and have to believe in what we do ourselves

Profitability is not only the reason why some people see btc as the best, it is all about the ease of use and convenience, the lack of control from any central body. People should not see btc only as a profiting tool but also as a great alternative to have control of your own funds and access them anytime you damn pleased.
The profit aspect is one side of it, the decentralized nature is what most people who truly understand the tech are after.

[The Sceptical Chymist]

The point is that bitcoin may not be the best there could be, maybe there could be something better in the future, but it is certainly something that we haven't seen so far and there aren't any better ones as well.

Bitcoin is king, and the king of kings when it comes to cryptocurrencies as far as I'm concerned.  The best thing about btc is that there's no person or group running it like you see with so many of the shitcoins out there, especially the PoS ones (which I used to be a fan of). 

Just take a look at all the truly awful shitcoins that have taken a beating in the past day since ETH went PoS.  None of them even come close to bitcoin in terms of dominance or usefulness.  Is that going to be the case forever?  Maybe not, but damned if I know of a challenger with any serious credibility. 

On a side note: mm2543363580, you've been reported for burst-posting.  These 1xbit campaign idiots are like cancer.

[Xampeuu]

Bitcoin has been embedded in many people's minds that by investing in Bitcoin it will be profitable even though it will not always be like that,
Regarding credibility, I think there is no need to doubt it,
never be afraid and have to believe in what we do ourselves

Profitability is not only the reason why some people see btc as the best, it is all about the ease of use and convenience, the lack of control from any central body. People should not see btc only as a profiting tool but also as a great alternative to have control of your own funds and access them anytime you damn pleased.
The profit aspect is one side of it, the decentralized nature is what most people who truly understand the tech are after.

by looking at the experience of many people who make a lot of money from bitcoin and the volatility of the market that can always go back to the previous ATH and go further and create new ATH, many people believe in bitcoin and have high hopes on it to be able to make it rich. on the other hand among cryptocurrencies bitcoin has a volume of more than half of the total of all existing crypto, this is what makes bitcoin the most viable

[Gayong88]

But, that was only a prediction and there is no assurance yet that it can happen. Don't forget that there are so many factors which can affect the growth of btc. Maybe it's not only about the potential price the btc can achieve on why it is titled to be the best choice but it may be because it is decentralized and partially anonymous. We won't worry that our fund will be frozen because we have a total control of it.

Gold on the other hand has its own use unique use case so it is fine if we will also have it other than btc. Once we already have both of them, there is no real need to have a fiat money anymore tho fiat money can still be the best choice for a normal individual.

Most of the comments are just base on the price speculative aspect of btc failing to recognize the major features of btc like decentralized nature, scarcity, anonymous and durable.
Beside price speculation and volatility which emerges as a result of traders, btc major features makes it the best among the rest assuming it was not being traded in the asset market and treated as an asset instead of an alternative means of payment.

It may sound classic but the main reason for me is bitcoin because it allows user transactions to be anonymous and easy and the best thing that can be done is to stick with coins that have a market cap and network power to back them up. That's Bitcoins.

[siniminomorocomunisakito]

Bitcoin is one of the most exciting innovations in recent memory. Decentralized, transparent, and has been popular since its conception in 2008. It changed the way the world views finance, and remains the best choice for beginners when it comes to cryptocurrencies like me sir and now is the right time to buy it.

[Bitstar_coin]

The point is that bitcoin may not be the best there could be, maybe there could be something better in the future, but it is certainly something that we haven't seen so far and there aren't any better ones as well.

Bitcoin is king, and the king of kings when it comes to cryptocurrencies as far as I'm concerned.  The best thing about btc is that there's no person or group running it like you see with so many of the shitcoins out there, especially the PoS ones (which I used to be a fan of). 

Just take a look at all the truly awful shitcoins that have taken a beating in the past day since ETH went PoS.  None of them even come close to bitcoin in terms of dominance or usefulness.  Is that going to be the case forever?  Maybe not, but damned if I know of a challenger with any serious credibility. 

On a side note: mm2543363580, you've been reported for burst-posting.  These 1xbit campaign idiots are like cancer.

Unfortunately, some people are more focused on price volatility and neglect the true nature of btc, The future is unknown and there is a possibility that there will be something better, but right now btc is still the number one coin and others are just tagging along.
Btc has proven to be the best option in situations where fiat can not be relied upon, so i don't see the point of argument. 

[Webetcoins]

The point is that bitcoin may not be the best there could be, maybe there could be something better in the future, but it is certainly something that we haven't seen so far and there aren't any better ones as well. This is why the best thing to do would be a great competition to bitcoin and that way we could see them both trying to be better than each other and improve meanwhile.

However, right now we have bitcoin and fiat and gold etc, and when you compare them bitcoin is the best, even though it has some drawbacks, it is still the best, and that means if someone gets 10/100 out of an example in a class, and the other gets 30/100, the one that got 30 could be bad, but still did better, and that is what we have with bitcoin.

That could still be a feedback though. I mean sure others could be bad, but others have been around for centuries and they are protected by the governments as well, so even while worse on paper, they are supported by bigger reasons and that is understandable.

This means that bitcoin needs to find a way to get better and better constantly to outmove them, if it can't do that then it is going to end up being not preferred over fiat, so far bitcoin did well but if we are talking about a situation where it is not that easy to handle, then we are going to end up with getting worse and worse, do not trust the good we did so far, we need to do better constantly to stay here.

[ChiNgadOr]

Investors always see Bitcoin who have the biggest marketcap so that it is always the first choice, investors certainly think that with a large marketcap it will make the assets safer, besides the marketcap of course it is Bitcoin to be the first cryptocurrency so that it has many developers who continue to make Bitcoin more popular.

Bitcoin is already a digital currency with reputation and now investors seem to invest in it because is has high chances to tripling in price and making holders to earn massive profits from it. I don't think there is any coin in the market right now that could compete with Bitcoin which is the first cryptocurrency we ever had.
The early adopters of Bitcoin are now billionaires and millionaires which nobody thinks it could go that high with time. Those who invest in the future have the chances of becoming more wealthy than those that invest in the present.

[BRINIRHA]

I have no doubts about the advantages of bitcoin with gold. but of course both have their advantages. such as gold which is suitable as savings because the price is not too volatile and relatively stable. different from bitcoin which is more suitable to be used as an investment asset. because even though the fluctuation is high. but it is proven that bitcoin can always break price records when the bull market returns. currently blocking the rate of increase in bitcoin is from the economic crisis that hit the world.