Post
Topic
Board Economics
Re: Bitcoin or gold?
by
Barnabe
on 28/02/2016, 19:55:45 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.
Essentially, you can use gold to invest in a long time, because gold is always valuable, but if you want to try to do business, then bitcoin is better than gold, because it is so much choice in doubling the bitcoin. I prefer bitcoin than gold today

sure gold always valuable..? can you explain about supply of gold ?
we must invest at bitcoin where bitcoin have block halving system to control bitcoin supply
yeah, you only can get gold from mining underground.
and the gold supply isn't unlimited like bitcoin, so that's why the gold will be a good choice to invest long time
Bitcoin is not unlimited either, after approximately year 2040 almost all bitcoins (>99%) will be found.

I would even say that it will be a lot easier to find gold in 2040 than bitcoins  Cheesy

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