Post
Topic
Board Economics
Re: Bitcoin or Gold? What would you pick?
by
mayflor2
on 04/07/2015, 12:54:54 UTC
One cannot ignore Bitcoin's success or overlook its advantages over the normal currencies, I admit. But I would like to emphasize on the fact that bitcoins are still relatively new and we are not sure if we should invest a large chunk of money on it, especially when we have gold as the other option, which is much more reliable. Gold's prices WILL shoot up no matter what, but we cannot say the same about Bitcoin with such assurance since as we have seen in the past , its value keeps fluctuating. I would still invest in gold if I have a choice between the two mentioned.