A lot of people seem to think gold is the answer to all our problems. Every time the economy takes a turn for the worst, people turn to gold. {They invest in gold to hedge against these problems} If you
do not buy physical gold items/ornaments/jewelry/gold bars ... you still have ZERO protection against anything. It is just a piece of paper and a ledger entry on a private database. People seem to think
that there are tons of gold stored in secret vaults under government buildings. Is this true? https://www.youtube.com/watch?v=gZcRk7UClO4 { There are no proof of this and audits in the USA are about
60 years old. } You have the only entry to your investment, when you invest in Bitcoin. { The private key } The proof that it exist, is on a public blockchain....
do not buy physical gold items/ornaments/jewelry/gold bars ... you still have ZERO protection against anything. It is just a piece of paper and a ledger entry on a private database. People seem to think
that there are tons of gold stored in secret vaults under government buildings. Is this true? https://www.youtube.com/watch?v=gZcRk7UClO4 { There are no proof of this and audits in the USA are about
60 years old. } You have the only entry to your investment, when you invest in Bitcoin. { The private key } The proof that it exist, is on a public blockchain....
I wont call it better, just safer.
There are lots of differences bettween BTC and gold, for example, if you are holding gold, nothing can really destroy it, not earthquakes, floods, fires, and its always safe investmant. But, someone always can steal it from you...
And for btc, if you lose wallet, you will lose bitcoins, how can you actually lose gold
Yeah their so much difference and i think bitcoin is cannot be compared to gold is because gold is precious mineral and price of it is steady and goes up yearly while bitcoin is not stable and price may up and price may down and thats why if you invest in bitcoin and leave it for years you have chance to lose while staking in gold the more years pass the more highet the price