Re: Is gold better than Bitcoin?

Gold has been traded for centuries and has withstood the test of time. Gold has also an aesthetic value for the rich people who love to flaunt around their new super expensive gold jewellery Cheesy

Now I think both Bitcoin and gold can be used as a store of value with the only difference being that Bitcoin wealth can be moved inconspicuously while physical gold despite looking good in person has a lot of weight to it and you would need a safe to protect that treasure from prying eyes. All in all both have their advantages and disadvantages and their utility depends on the situation at hand.

You can never say that gold is better than bitcoins becuase they are both good and allot of peopel want to use them both so you cant say
the one is better than the other one you know.

What you say is true, one is not 'better' than the other however the more complicated/advanced something is, the more dependencies it relies on just to exist, any single one of those dependencies fail and the whole thing comes crumbling down. Gold exists in and of itself without the need for dependencies like electricity, internet or electronic devices.

And I think gold holds more number of trusted users as it its allowing them to make good profits over a period of time and the trend will continue even in future.

No doubt because gold has been in existence before fiat was created I guess, and if you will compare with bitcoin they will certainly choose gold over bitcoin, however if you cannot invest gold you can always invest with bitcoin as it does not require a lot of capital to do it.

Yeah that's a great benefit of investing in bitcoin that you can start even with a small capital and added advantage is that you can even earn them so ultimately it will help you in growing your investment.

Investment is very profitable for us who did understand about the game bitcoin. We will feel the advantage of trusting and knowing well about bitcoin. Because all the knowledge we get will certainly provide an excellent effect for us and we certainly will vote for investment

At this stage I will prefer to invest in bitcoin as it has great potential to give huge profits in future which may not possible with gold and even we need to wait longer to expect profits from gold.

Oh for sure, Bitcoin is way more profitable than gold, I too would choose Bitcoin as an investment. But for long term storage of my wealth I would definitely go with gold. with Bitcoin you can't simply buy and forget for 10 - 20 years, you need to always pay attention to what is happening with the technology, like for example if there is a fork and they give a deadline to swap your coins, you could end up losing everything if you're not keeping up to date with what's going on.

If you have invested your money in bitcoins then you will surely keep yourself active with the price movements as no one will prefer to loose their money, and if you are active then it will bring more profits for you.