Re: Holdings of gold vs Holdings of btc

Well in my opinion, bitcoin will never be equal to gold because gold has physical value and represents for the whole economy while bitcoin is just numbers. One possibility for that to happen is we lose all our gold

I do prefer holdings of bitcoin than holdings of gold. Although both of it has a value and price. I most prefer bitcoins because i think bitcoin has higher value ang more popular to use as of now. Because bitcoin making noise worldwide because of its features especially the payment system.

You can compare both in terms of time period. Gold is old and it have been indulged in investment like from many centuries while bitcoin is only a newbie against it. Still you can see how fantastically bitcoin have showed the marvelous feats of action and make this world sure about its existence. Surely there are less people with bitcoin against the number of investor of gold.

If you have both gold and btc then you ate lucky enough because its not easy to own both. It requires more than money but also time and effort. However, its easy to hold bitcoin than gold because bitcoin is decentralized unlike gold that you have to comply legal issues before you can convert it to cash. In any case that you can own bigger btc you will not be questioned by the government whereas if you have lots of gold then you have to present documents to authorities to legalize your transaction.

Everyone has his own way of looking up at the things but I think of holding of bitcoin to be something far profitable than that of holding of gold or in fact any other thing. Holding of bitcoin and that too for quite a long period of time actually means that you are going to have a huge amount of money in coming days of your life. Gold is having a stable market price and it cannot help you really in having something good.