Post
Topic
Board Economics
Re: Bitcoin or gold?
by
deisik
on 27/07/2016, 14:41:10 UTC
I will choose bitcoin over gold. Why? because I have no idea on how I will earn gold or how will use it. The only thing I know about gold is I can sell it to those smiths or pawnshops.

People choose gold over the other investment in this world not because they know how to use it or deal with it but because it has the most stable price among every other thing currently. If someone wants to save up their money against inflation then gold is probably the most suitable thing for that

Such people are aptly but somewhat derogatory called "gold bugs" (though they are proud being nicknamed like that)