Post
Topic
Board Economics
Re: Bitcoin or gold?
by
saqibmunir
on 13/11/2017, 19:10:13 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.
i think both,but gold is for lifetime investment.
will not classify gold as a depreciating asset. And I have strong reasons to believe that the gold price will increase in the near future. Right now, the biggest consumers of gold are China , India and usa. In India, it is mostly used to make gold jewelry. As the living standards improve there, the demand for gold jewelry will also increase. And don't forget that India is having a population of 1.3 billion. The surge in demand is going to be astronomical