Post
Topic
Board Economics
Re: Is gold better than Bitcoin?
by
rektDude
on 11/10/2016, 14:22:18 UTC
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....  Wink
the only thing make gold better than bitcoin is phisycal and gold can shaped in any jewelry,its easy and happy to have investement and also can wear that investement,so we can get two benefit,invest and jewelry.
I dont think that gold is better than bitcoins and other wise becuase they are both here in the world to make things easier so i dont undrstand that people
dont like gold or dont like bitcoin.