Post
Topic
Board Economics
Re: Bitcoin or gold?
by
Skarner21
on 03/02/2017, 23:25:42 UTC
If you had to convert all your wealth to either Bitcoin or gold and keep it there for 10 years, which would you choose? Keep in mind the fact that Bitcoin has only been around for 5 years, and could be fundamentally different in any number of ways in 10 years.
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Comparison between Bitcoin and gold, Bitcoin is a real currency unlike gold you need to sell it first before it become a real money. Bitcoin is very safe and secured while gold is not very safe and secured and there is a chance that can be steal by the thief.

To be fair, bitcoin wallets can be stolen too. And, you cannot implement BTC any other way than currency, electronic currency that is. Gold will retain its value to the end of times, more or less, because its a valuable material by itself.
I think bitcoin could also be an investment or commodity, depending on what the user chooses to bitcoin. to compare bitcoin with gold, would have to be balanced between investment by investment, both I think it is a good investment has its own characteristics
They are both good but gold price movement i very slow to wise or bright to choose i will stay at bitcoin since the movement of the price of bitcoin is fast you can notice the price right now and see that the price is currently touch in $1,000 value that i think yesterday the price is low and now we are in $1k value which is good according to preev price.. unlike gold that yearly increase..