Post
Topic
Board Economics
Re: Is gold better than Bitcoin?
by
GreenBits
on 19/05/2016, 20:38:47 UTC
Gold and Bitcoin both have promising future and trading them could be profitable in long term run. Personally i trade Bitcoin but trading gold is profitable too in my opinion.
Yes. To secure our future we must invest into some stable and more trusted options. Bitcoin would be the highly profitable type of investment than gold till all the bitcoin will be mined out. So, for the next to hundred years, bitcoin will dominate gold to attract new investors.
Yes, even both gold and bitcoin are limited resources, bitcoin has known limit. So, the chances for price appreciation would be higher with bitcoin than gold. So it would be wise decision to invest into bitcoin than gold as per current trend.

Nozir. Gold is accepted worldwide, is inherentiy more stable, has not been banned or made illegal by any major state actors (although it has been subject to much regulation) and has been an accepted form of currency since the dawn of civilization. Does not require a blockchain as physical ownership is sufficient, and most importantly, it's zombie apocalypse/shtf proof. If you don't have internet connectivity, you don't control your btc until you do. And the gold has a bonus, it's actually a physical object that has substance, you can use it for a lot of other shit like art, or technology because of its unique properties.

Not a personal attack, just some points to ponder.