Post
Topic
Board Economics
Re: Bitcoin or gold?
by
SmartIphone
on 25/09/2016, 15:19:45 UTC
We are living in a time where everything is going in digital and because of this I prefer more bitcoin rather than gold.
Even though the risk is much higher in bitcoin rather than in gold because bitcoin is newer in the market.
The risk associated with bitcoin is high, still the reward will be 100 times more than gold investment. We need to understand the basic concept of bitcoin of being digital gold. Gold cannot be send and receive instantly to anyone in this world whereas bitcoin could do that. So, going with bitcoin must be a better option.

The digital gold is the new digitalized way but still the real physical gold is better and I think is limited within a country or region.
I wouldn't say that the reward in bitcoin is 100 times more than gold but in general can be more profitable that gold.