Gold, Cash, and Bitcoin: Who Truly Secures Your Wealth?

[Oasisman]

IMO, both Gold and Bitcoin secure the future.

If you invest in Gold and Bitcoin now, in the long term, there will be huge profits for you because they both increase exponentially. Cash, on the other hand, does not defend anything, neither the present, the past, nor the future. Cash is meant to be for purchasing power; once left stagnant, it will lose value with time.

Also, bitcoin and gold can protect us in the future but don't expect that they can bring us huge profits. Both cannot grow exponentially as you say. Especially bitcoin, the days of exponential growth and get rich quick with it are over.

Why not expect huge profit? I mean if anything good about Bitcoin and Gold, they are both consistent in increasing their value over the years. So, what would be the reason why it will slow down in the next coming years?
IMO, both Bitcoin and Gold will give us security in the future and will have a huge potential of generating us a good profit, especially the Gold. Bitcoin can grow much stronger as well in the next 10 years

[bettercrypto]

Gold and Bitcoin are two things that can secure your wealth. with gold, you can store your wealth in a stable, trusted physical asset for thousands of years. it's also more stable in the long term, and you can sell it anytime you want without worrying about extreme volatility.

bitcoin is also a great asset for securing your wealth, it's a digital asset that gives you the ability to fully manage your assets and transfer them anywhere without relying on a third party, although Bitcoin tends to be more volatile in the short term, its long-term potential is quite good, and it could even outperform gold.

as for cash, you should not rely on it to secure your wealth because it is only good for use for daily transactions, it does not have long-term resilience against inflation, and if you hold cash long-term, its value will slowly erode over time as inflation reduces its purchasing power.

Both Bitcoin and Gold are undoubtedly excellent long-term investments, and many people are aware of that. However, it’s important to remember that not all communities or individuals in this space have the capability to buy large amounts of either.

But above all, keep in mind (and don’t forget) that we wouldn’t even have Bitcoin or Gold if we didn’t have fiat currency, because fiat is the means through which we can acquire them.
This also means that at this point in time, we still can’t say that fiat will disappear or be replaced entirely.

[free-bit.co.in]

Both Bitcoin and Gold are undoubtedly excellent long-term investments, and many people are aware of that. However, it’s important to remember that not all communities or individuals in this space have the capability to buy large amounts of either.

But above all, keep in mind (and don’t forget) that we wouldn’t even have Bitcoin or Gold if we didn’t have fiat currency, because fiat is the means through which we can acquire them.
This also means that at this point in time, we still can’t say that fiat will disappear or be replaced entirely.

Fiat is not going to disappear and will not be replaced, and we will still need it in our lives. But we should only use it for its intended purpose, it's simply a medium of exchange. Fiat is designed to be spent, not to be held for the long term.

In general, gold, bitcoin and fiat are all important and necessary assets, we do not necessarily have to choose which one, and which one should be abandoned. What we need to do is use them flexibly and in accordance with each use case and goal. Gold and bitcoin for the long term, for the future, and fiat is for the present, to pay bills, expenses and serve our daily lives.

[Dogedegen]

Bank bars are available for purchase starting at 1 gram, just like jewelry. However, unlike gold in jewelry, bars do not lose their value significantly.

I have never heard of a single person that has bought that, therefore that seems limited to specific countries or specific type of people. I've never even read about someone buying bank bars of 1 gram online either. Of course If I look specifically I could find it.

It is true that gold jewelry can be sold more or less quickly in case of extreme necessity, but there is also a second fact: a significant loss of initial value, which does not make jewelry a profitable asset for preserving value.

You've repeated this many times and I keep saying something else entirely. If kept for a long time, you won't lose value. Gold is appreciating, you would at least get back what you gave for it I am pretty sure. I sold some very old gold necklaces a few years ago, more than 50 years old and I for sure got much more money than they were initially paid for. So yes, you will gain less value that you would if you bought pure bank bars but at least you won't lose value in the long term. Dual purpose after all is more suited for most people.

Why not expect huge profit? I mean if anything good about Bitcoin and Gold, they are both consistent in increasing their value over the years. So, what would be the reason why it will slow down in the next coming years?
IMO, both Bitcoin and Gold will give us security in the future and will have a huge potential of generating us a good profit, especially the Gold. Bitcoin can grow much stronger as well in the next 10 years

Gold has not generated a huge profit within one lifetime, only Bitcoin has and that was because it was a tiny asset. Now Bitcoin is huge and past returns are not mathematically possible, there is not amount of money in the whole world to deliver the same returns as before. Gold especially if you account for inflation, it did good but it is not what I would consider a huge profit.

[@prashant]

Gold will always matter because people have trusted it since ancient times. Digital payment systems are used globally and Bitcoin has become a kind of digital gold for common people though it is highly volatile. I don’t think cash will disappear in the next 50 years, at least not until everyone fully adopts digital payment systems. 

[JunaidAzizi]

In these three, two are the best and will be the future. Gold is used as a preservation of wealth, especially in crises, so it will take more time and is a good option for storing. Cash is not advisable at all for long term significant wealth, as it loses value and will be devalued over time. Bitcoin is not a complete takeover in the present because its price can change at any time, but Bitcoin is the future of finance. Maybe in the future, it can be used and replace the other two completely.

[wiss19]

Some of the rich trust what they grow up knowing to be the most valuable, they consider it the safest no matter what you try to preach to them about latest opportunities they don’t buy the idea, some of them call bitcoin internet money they need to invest on what they could see with the eyes.

That is if they are an adult or mature rich people but what if they are still young? So they might consider Bitcoin too. And I see no problem if one call BTC as the internet money.

In fact, that is also a fact, and there is no problem if they won't consider Bitcoin at all. Even though Bitcoin is digital, we still can see it or its values in our screen but it is just that it doesn't have an official physical property. There are only custom ones (physical coins) which are embedded by a private key. But, I still like the idea and effort.

[fuguebtc]

Also, bitcoin and gold can protect us in the future but don't expect that they can bring us huge profits. Both cannot grow exponentially as you say. Especially bitcoin, the days of exponential growth and get rich quick with it are over.

Why not expect huge profit? I mean if anything good about Bitcoin and Gold, they are both consistent in increasing their value over the years. So, what would be the reason why it will slow down in the next coming years?
IMO, both Bitcoin and Gold will give us security in the future and will have a huge potential of generating us a good profit, especially the Gold. Bitcoin can grow much stronger as well in the next 10 years

Simply because they are no longer small.

No matter how great their potential is, you can't expect an asset with a market capitalization of over $30 trillion, like gold to increase tenfold and generate significant profits for you. Similarly, Bitcoin now has a market capitalization of over $2 trillion, you can't expect it to increase millions of times like it did 10 years ago and bring us millions of dollars in profit. Or it could help us become wealthy like early investors with just a small amount of capital.

The era of getting rich from these two types of assets is over. What we can expect is that they will help us avoid inflation, currency devaluation, and increase our wealth to some extent.

[DrBeer]

Bank bars are available for purchase starting at 1 gram, just like jewelry. However, unlike gold in jewelry, bars do not lose their value significantly.
It is true that gold jewelry can be sold more or less quickly in case of extreme necessity, but there is also a second fact: a significant loss of initial value, which does not make jewelry a profitable asset for preserving value. This is especially true if we are talking about non-wealthy owners who buy ordinary jewelry without high artistic or historical value.

And the simplest argument is that all pawnshops ALWAYS buy jewelry that has been owned by people at a significant “discount” on the price. That is, if you buy a ring for $1,000 and immediately take it to a pawnshop, you will get $750 at best. This is simply because it makes no sense for a pawnshop to buy it at its real market price, as they still need to sell it at a competitive price to another buyer and make a profit between the purchase price from you and the sale price to another person.

Getting a few of them every month is the best investment choice in my nation, or more like "preferred"? No idea, basically there was a calculation done by some banks and turns out people just simply invest into those things banks give out, it's 1 gram and 2.5 gram and 5 gram gold, there are more too if I am not wrong but those ones I am sure of.

So people, depending on their income of course, goes and gets at least 1 gram and put it aside and do that every time they get some money, and if you bring five 1 grams then you can turn that into one 5 gram too, without a cost. So it really works out great, without much trouble, and it's really a great way of investment and my nation prefers that as the best investment there is. I prefer bitcoin, but I can see why that would be great too.

That's exactly what I'm talking about—when it comes to preserving value, gold bars are more effective than gold jewelry.
Yes, there is a caveat: 1 gram of gold in a bar costs money, and for countries with low average incomes, this can be a significant amount, comparable to or even exceeding monthly income.

[Rabata]

I came across this  image today showing Dollar,  Gold and Bitcoin and people were debating on it.  Even before now there has always been debates on what is the most valuable store of your wealth be it -  gold, cash or bitcoin.  In my own opinion, maybe it's not really about which is better but about what each of them does best and the most potential for the future.  Lets break it down.

People were interested in gold before and still are interested in it, but with the passage of time, people are learning to find alternatives to gold. Along with gold, people have also learned to value Bitcoin and will consider using Bitcoin for permanent wealth preservation in the future. Although both gold and Bitcoin have great importance in wealth preservation, people do not trust cash because the common people know that it is never possible to get the correct valuation of wealth with cash. Cash loses value due to financial recession and other reasons, but gold and Bitcoin retain the real value of wealth. Nowadays, people are more aware than before that they will play a role in preserving their wealth in the future with Bitcoin.

[malekbaba]

Each one is real in a different way, and each protects the future differently.

Gold is the most proven. It has protected wealth for thousands of years, survives wars, currency collapse, and political change. It is slow but reliable.

Cash is real for daily life. It gives flexibility and safety in the short term, but it slowly loses value to inflation and policy decisions.

Crypto, especially Bitcoin, is the newest form. It protects against currency debasement and control, but it is volatile and still evolving.

For wide future protection, gold plus some Bitcoin, with enough cash for stability, is the strongest balance.

My opinion:
Gold>crypto>cash

[Bialke]

The  OP forgot diamonds.

Gold is and was artificial scarced. A lot of the oracles are compremised.

There is an old black man's saying out there: "N..... (No, I change the word:) Slaves cannot buy on the white man's market. But to know the white man's market is essential to know their own market."

And it is the same with BTC:

You cannot see how the not moving wallets are trading, because not moving wallets are not creating volume on the market + you have to pay or be part of a special group to get served by the right oracle(s).

[SmartGold01]

To be frank I wouldn't be that biased in my statement or comments as I know both Gold and fiat Be it whatever Cash. These two has been existence for years and if I am not mistakenly, Gold has been in a existence for the since the creation of the world (earth) is also valuable till date even in the future as many people still go for Gold, in terms of fashion and beautification, be it store of value lot of are venture into gold investment than even Bitcoin as may have think it, especially the older people have more trust in gold than Bitcoin.

Then moving down to fiat, maybe people has investment in fiat and their business are being run and control by fiat instead of Gold or Bitcoin, even though there are people who are now beginning to start accepting Bitcoin in their business there is no real value attached to it why? Because it's extremely volatile and they can quickly sell of those bitcon to have their fiat back to enable them run and control their business firmly. Bitcoin investment is like someone who is gambling or trading and you can't really detects the next movement of Bitcoin, while Gold is less volatile and it doesn't increase as quickly as Bitcoin.

Then moved down to Bitcoin; usually it's a thing of the new generation which everyone of the new age people would love to venture because it's the global trending and everyone loves what gives them instant profits unlike Gold that doesn't increase or appreciate so quickly. Bitcoin investment is sometimes terms to be redical investment as you can't you really know what would happen the next steps and of course, it's worth investing since it increases over time and it's a decentralized digital assets and none has authority over it, again anything could likely happen because we don't know Satoshi is or are, we don't know if they are groups of person(s) that team up to build Bitcoin. However, and in conclusion both are essential, they all depends on the demand at the present time for quick profits from their investments.

[Swordsoffreedom]

My opinion:
Gold>crypto>cash

This model would be suitable if you already have a stable financial situation and significant assets. In that case, you need to prioritize stability and safety. But if you are still in the process of accumulating assets and building wealth. I think Bitcoin should be prioritized because it not only helps you hedge against inflation and currency devaluation but can also increase your wealth faster than gold.

In my opinion: Bitcoin > gold > cash.

To prepare for the future, gold and bitcoin are more than enough, we don't need cash. Because owning gold and bitcoin also means you own money, and these are forms of currency that do not depreciate over time like fiat currency.

[RockBell]

Gold will always matter because people have trusted it since ancient times. Digital payment systems are used globally and Bitcoin has become a kind of digital gold for common people though it is highly volatile. I don’t think cash will disappear in the next 50 years, at least not until everyone fully adopts digital payment systems. 

We know people trust gold, but in this current century, a lot of things are about to change, because the usa having it in mind to replace its reserve with bitcoin, and if that should happen, other countries will start following, and gold bars might just be too heavy For a time like this, the adoption of technology, and that of the united state have not been concluded yet, but a lot of other countries have taken bolder steps to also be part of the trend of investment, and this will give individuals more confidence also.

so when it comes to wealth security, one of the best advice will be gold and bitcoin because this are large investments that people have putting a lot of money into, so you don't have to be scared to invest in any, so preferably, instead of just keeping, leaving your money in cash it will be better to put it in good use.

[Agbe]

The uses and usage are limited so many do not believe in bitcoin yet. Uses in the sense that the countries and citizens that using bitcoin are just few so it is only limited number uses bitcoin and the large number is does not believe the future wealth of bitcoin. And usage in the sense that,  bitcoin is not yet accept in 99.9 businesses therefore the real p2p uses of bitcoin has not been actualized. But once that has been achieve, bitcoin will over come all those Op has mentioned.

And to answer the Op question in the subject. For bitcoin investors, it is bitcoin because all their hopes is on bitcoin. For those business men and women who uses fiat for their trading of buying and selling of goods and services. They believed in the Cash system and they don't even know how to use Bitcoin. So we let them be. And for those who are deeply in Gold business would also choose Gold.

But I and my Family we choose Bitcoin.

[Danica22]

We know people trust gold, but in this current century, a lot of things are about to change, because the usa having it in mind to replace its reserve with bitcoin, and if that should happen, other countries will start following, and gold bars might just be too heavy For a time like this, the adoption of technology, and that of the united state have not been concluded yet, but a lot of other countries have taken bolder steps to also be part of the trend of investment, and this will give individuals more confidence also.

The United States plans to replace its gold reserves with Bitcoin? Where did you get this information from, or did you make it up yourself?

To date, no country has wanted to add bitcoin to its national reserves, including the United States, let alone intend to replace gold with bitcoin. All ideas about strategic bitcoin reserves throughout this time have been nothing more than rumors.

Bitcoin investors may not like this, but the truth is that Bitcoin will never replace gold, and governments will never abandon gold in favor of Bitcoin.

The ideal scenario is that bitcoin and gold will coexist, and bitcoin will be added to national reserves alongside gold as it matures. Forget the idea that bitcoin will replace gold.

[Supreme Donvic]

The 3 things you mentioned can actually secure your cash, I know of someone that has huge amount of money in his account and he's still very wealthy although he has other investment and he usually does real estate, I know some set of people that has died all their money were in bank and when they died the children were able to recover those money and share the money within there self and you there father's wealth is still on.
What I'm saying is that this three things you mention can actually secure your wealth for you however the most trustworthy way to save so you won't be worried about any government policy or war is by saving your wealth in Bitcoin, when you are saving your money in Bitcoin no government policy can affect it no war in your nation can affect it but government policy and war can affect bank and also gold.
So Bitcoin is the best place to secure your wealth.

[Dogedegen]

Gold will always matter because people have trusted it since ancient times. Digital payment systems are used globally and Bitcoin has become a kind of digital gold for common people though it is highly volatile.

This is an extreme assumption that past performance will guarantee future returns. If you go that way, you can assume that Bitcoin will be the biggest asset and bigger than everything else combined. Should we do that, assume a extreme growth in the rate of returns and relevance based on what it achieved in the past? If ever space mining becomes economically feasible, gold is done for. The value will plummet. Bitcoin is different, you can't find more Bitcoin no matter what you do.

I don’t think cash will disappear in the next 50 years, at least not until everyone fully adopts digital payment systems. 

You're not up to speed then with the world. Cash is mostly extremely restricted in many places, and can already be considered gone. Just because you can still pay for small things with it, you are being given an illusion that it is not being pushed out.

The  OP forgot diamonds.

Artificial diamonds are better than real diamonds, so that is not even relevant at all. That people were tricked into valuing diamonds is an example of the power of marketing and extreme brainwashing. Those stones are pretty worthless to me.

We know people trust gold, but in this current century, a lot of things are about to change, because the usa having it in mind to replace its reserve with bitcoin, and if that should happen, other countries will start following, and gold bars might just be too heavy For a time like this, the adoption of technology, and that of the united state have not been concluded yet, but a lot of other countries have taken bolder steps to also be part of the trend of investment, and this will give individuals more confidence also.

The United States plans to replace its gold reserves with Bitcoin? Where did you get this information from, or did you make it up yourself?

This is not true, he must have read some fake news somewhere online or rumors about it. If they ever even start considering such an idea, even if they don't go with it would be a massive sign for Bitcoin.

To date, no country has wanted to add bitcoin to its national reserves, including the United States, let alone intend to replace gold with bitcoin. All ideas about strategic bitcoin reserves throughout this time have been nothing more than rumors.

This is not true, don't make this claim anymore. Here is a thread about it https://bitcointalk.org/index.php?topic=5565344.0

[Rengga Jati]

Why is there such a division?

Gold = the past
Cash = present
Bitcoin = future

Gold = past + present + future. I'm sure all three are still relevant and their value remains high, even to the point where it still holds the top market cap globally. 

Cash = This is related to fiat, right? From past, present, and future, these are still relevant and influence each other. So, it's better to have as many as possible for our enjoyable lives.

Bitcoin = since we know it + present + future. Because we've received and enjoyed its benefits since we first knew it, now, and for the future as well.

So, I myself wouldn't prefer just one of them. If it could be all three, why not?