Post
Topic
Board Economics
Re: Bitcoin or gold?
by
markj113
on 19/06/2016, 11:00:22 UTC
Personally I'd choose bitcoin right now, because it has all the characteristics of gold, plus portability which is something that gold does not have. Nor does it have divisibility. You can't divide gold pieces easily.

Just a matter of time before bitcoin becomes the digital gold.

and the other deficiency in gold is that you cannot buy a small amount of gold,  I think the minimum amount of gold you can easily buy is about 1 gram and its price is about $40, while you can buy bitcoin even with the smallest amount of money like you can buy a minimum of 0.0001 BTC easily, which price is about $0.07. so anyone can buy it even poor people.

You can buy gold by the grain (not gram)

Which is roughly 1/15th gram.