Quote from: LaudaM on March 22, 2015, 03:00:39 PM

Quote from: deisik on March 20, 2015, 06:36:12 PM

Quote from: countryfree on March 20, 2015, 06:27:51 PM

BTC is easier to carry, you can travel around the world with it, but gold's easier to sell, and there are more buyers. I bet there are more gold ATM than there are BTC ATM in the world. All the Chineses and Indians love gold.

Why do you think physical gold is easier to sell? Have you ever sold gold bullion in real life? You can sell bitcoins at any of the multiple exchanges out there within just a few minutes (actually, transaction confirmations would take longer than the selling process itself)...

I don't think it's easier to sell. Who would buy a bullion of gold. Firstly they need quite some money, and besides that's pretty much useless. The people that love gold, actually love the jewelry and whatnot made out of gold. Obviously Bitcoin is easier, you can carry it on a very small paper that holds your private key.

Yeah, but that was not you who had said that gold was easier to sell. Gold is indeed useless in everyday life (though a gold bullion is quite heavy and can be used as a plummet), but it is not what people love it for. It is a perfect store of value if your planning horizon is decades long (you could always pass it to children). Houses get old and fall apart, governments come and go, even countries cease to be (with all their fiat money, how nice), but gold remains the same and as shiny as always (and gold bullions are eye-catching as such)...