Post
Topic
Board Economics
Re: Is gold better than Bitcoin?
by
kreskko
on 02/11/2016, 22:55:47 UTC
I love Gold as well as Bitcoins. I love to buy golds with bitcoin earnings. Though Their prices fluctuate, though they two have same values, they differ in few scenarios. Gold is a physical coin and Bitcoin is a digital currency. Gold at times are stolen outside. Compared to gold, bitcoin is more safe though it is sometimes hacked from few users.

Of course bitcoin is much safer than gold. The only users hacked are people who thinks just creating a wallet at blockchain.info is all they need but soon they see this is not the case. With a hardware wallet you can have peace of mind.

Although bitcoin is digital and gold physical both are good investments if you hold them. For me bitcoin is much better to hold as an investment as you can sell it right away when the price rises, i.e right now for example we can sell it if we bought at 500 or 600. Giving this better flexibility I vote for bitcoin and I only own bitcoin and not gold.
All the same, after reading many reviews it is clear that all the gold can make the person think about the future and not to be deceived by virtual goods. While bitcoin provides ample opportunity for your desired life.