Post
Topic
Board Economics
Re: Bitcoin vs Gold vs Cash
by
Oilacris
on 18/11/2016, 13:32:38 UTC
I disagree that only a limited amount of gold exists and that that's why it is protected from inflation. Who knows how many places which are still unexplored could contain gold. Cash is out of the question in that regard. So Bitcoin is the best like you said.  Cheesy

Gold ofcourse does not have a limited amount, there can still be a lot of gold inside the earth or in the sea which are not discovered yet, while bitcoin has a limited amount because it is something that cannot be generated anymore nor there are any more bitcoins to be discovered.

I agree with this regarding  on the  amount   of  each which  they  do really differ  hence  a digital currency and a  natural  mineral  can be found   on  earth  do really  have  differences.  Bitcoin  is  limited and  gold  is  unlimited  even  they have differences  they still have  smilarities  like   increasing price  and  also  a  good  investments.