Post
Topic
Board Economics
Re: Bitcoin or gold?
by
greBit
on 02/08/2015, 06:34:33 UTC

That's true, bitcoin is much more advanced than gold, but I still have faith in gold that it would survive for many years, on the other hand bitcoin is unpredictable as there would many other digital currencies in the future which can replace bitcoins.

The only thing I like about bitcoins over the gold is the amount that you can carry with you in your digital wallet is unknown to anyone. Whereas you cannot carry a large amount of gold across the countries, or else customs can put you in trouble.

Gold will surely survive for much more years, but I do not think that gold will be considered of any other special value except use in jewelry. I don't think any other coin can replace bitcoin because all of them work only when they are designed to compliment btc rather than replace it. The only crypto which can give btc a competition is a crypto developed and forced by govt. Oh and also, why would you want to carry shit load of gold anyway? let's discuss problems which actually matter Wink