Post
Topic
Board Economics
Re: Bitcoin or gold?
by
Be_Happy
on 28/06/2017, 11:08:33 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.

gold  because it is tested and proven that through the years its value goes up.And for the security of my wealth to be conveted i go for gold.

Today, gold is reliable, but tomorrow it can depreciate. The same can happen with bitcoin. There is no guarantee that your assets will be saved in ten years, if they are stored in gold or bitcoin. It is necessary to constantly analyze the situation in the market and invest in different assets

Gold can be felt in the real world and therefore it is silly to assume that it can ever depreciate until there is a worthy opponent for it. To do this, you will have to open or create a new more advanced metal that will surpass it, but even then the gold will not disappear, but simply can reduce a little of its value and will be at the level of silver.