Post
Topic
Board Economics
Re: Bitcoin or gold?
by
Sled
on 07/10/2017, 00:25:26 UTC
if we think about qualities that make gold a respected "money" or store of value, bitcoin is actually superior in many regards. You might argue bitcoin is newer and flashier, and that it has arguably more utility in the digital era than gold.

Bitcoin is superior? Today gold is still on that situation because majority of the population of the world if they were given a chance to choose bitcoin or gold, I'm sure that they will go for gold. They don't know what bitcoin is and also we don't have to choose any of them because we know that both are profitable and in this situation we are in bitcoin so we'll say good words about bitcoin.
Both are good but we need to accept the fact that bitcoin is better than gold in terms of profit because if you will stay at gold for a short time then you will not earn as much as you can earn in bitcoin so i think if a person is wise or smart then he will choose bitcoin because of the fast of getting profit or income that can easily be make in this world of cryptocurrency.