Post
Topic
Board Economics
Re: Bitcoin or gold?
by
co5hike
on 19/10/2016, 13:29:47 UTC
I prefer bitcoin above gold because its nice to use and its also better on more terms, you can more things with it too and you can even use it globally as a pay method with gold this is a lot more difficult.

Its not really difficult with gold too, because we can see that bitcoin is not yet legalized all over the world and there aren't many places where we can spend them physically so we mostly have to convert them to fiat in order to use them for something, and the same goes with gold, we will have to sell it for getting cash and then we can use that cash for anything we want.

Selling gold is time consuming process but you can sell bitcoin instantly sitting on your computer and even if we have to convert it to fiat for using them then also I don't think there is any issue in it.