Post
Topic
Board Economics
Re: Bitcoin or gold?
by
bryant.coleman
on 26/12/2016, 08:30:00 UTC
I always have a first priority of Bitcoin for storage in long term.
I do not want to keep gold as traditional method. Imagine that 10BTC after 5 years later I would have 1 mil US dollars.
That was so great. Shocked Shocked Shocked

What will you do if after 5 years 10 BTC becomes $10 instead of $1 million? There is no guarantee that Bitcoin will give you returns of 10X or 100X. If that was the case, then people will be flocking to purchase BTC after dumping their holdings of United States treasury bonds. The risk associated with Bitcoin makes it undesirable for institutional investors.