Post
Topic
Board Economics
Re: Bitcoin or gold?
by
chennan
on 27/02/2016, 16:02:28 UTC
Gold is an asset which must be held for at least 10 or 20 years.
Yes but this is something for your kids..
You can buy them investment gold on day they are born, better than saving money for their school.
This is right approach.
If you want investment with great return, chose BTC.

Exactly... when I start saving up for my "future kids" school tuitions, I am basically planning on buying gold to hold my store of value over the 18 years or so I start saving, to protect me against inflation and the devaluation of the USD over the years.  I find this a lot more reliable than trying to put fiat money into some savings bank account that will gradually devalue over the years.  Gold keeps up with the times in terms of fiat and commands a higher price when fiat is devalued.