Post
Topic
Board Economics
Re: Bitcoin or gold?
by
jaysabi
on 24/11/2016, 22:08:36 UTC
I think that no one will refuse from a pair of gold ingots? I'm right?
But not everyone has the money to buy this. That is the main reason that people choose Bitcoin. Gold for those who have a lot of extra money.
its not about having extra money ,bitcoin as an investment is quite easy as you could do that in the comfort of your home,you cannot buy gold as easily as you can purchase bitcoin and that is the main difference

The majority of gold "holdings" is in electronic contracts or derivatives, not physical gold. You could therefore buy gold just as easily as bitcoin. A brokerage account isn't any more difficult to set up than an account through coinbase, for example.