Re: So Bitcoin is better than Gold?

Bitcoin obviously has a lot of different properties than gold, and is in many ways better than gold.

Or, at the very least, you could say it's similar to gold (in terms of value).

Perhaps someday, in the not so distant future, people will be happy to get a few mBTC to store their family's wealth.

Is it true ? I think people are still more confident in gold. although its use is still less efficient than bitcoin. gold is one very good asset to store wealth, even the government also better suggest gold.

I don't see the need for the comparisons here, they both have their pros and cons and Bitcoin is slightly having an edge because it's an online currency and can do more than gold but gold is tangible and can be safely kept than bitcoins which need internet before you can access them

I think it is fair that we compare them, gold has been the point of reference for a lot of time and now bitcoin wants to be the new point of reference when it comes to currencies so unless we can compare them then we will not know if bitcoin is better than gold, and it is clear that since Im on this forum I think bitcoin is better than gold.

I think it would be fair to compare bitcoin and gold on the investment side instead of currency or other, in terms of bitcoin and gold investments beat each other, many people argue that bitcoin is better because it is more profitable in the short term, on the other hand people also argue gold is better because it's safer, everyone's investment appetite is different so the best of course is different in everyone's view