Post
Topic
Board Economics
Re: Bitcoin or gold?
by
danherbias07
on 05/01/2017, 04:45:49 UTC
Gold is such as long term investment although it is secure, but we need big capital and long time to get significatnt profit, the price is litle bit more stable than bitcoin. But bitcoin is a currency that can be investment too, the user will get so many advantage of it include big profit.

Gold is just an investment. but bitcoin is also a currency.

Gold is not only an investment, but also a store of wealth solution where it also functions as a fantastic hedge. I agree that when it comes to the currency aspect, that Bitcoin clearly has the main advantage here, but that doesn't mean gold can't be used as a currency tool as well. It's however not a convenient way of transacting. Don't forget that gold is also divisible.

Yeah. With its difference bitcoin might come up than gold. Because many are seeing it as a currency also unlike gold which is a commodity only a full investment purpose. With bitcoin there is a big difference, add up the fact to where you can send money thru it.