Post
Topic
Board Economics
Re: Bitcoin or gold?
by
insom
on 28/11/2017, 05:01:03 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.
For me I will choose bitcoin because it has a high increase in price as time getting older. I like bitcoin more than gold.
In the event that we think about both the costs of gold and bitcoin (taking standard estimation if there should be an occurrence of gold) gold is a negligible twelve hundred dollars when contrasted with the bitcoin's cost of twenty-five hundred and sixty dollars for every coin. This closes the way that bitcoin is more significant than gold. Another essential factor is that bitcoins can be mined and flow can be accomplished like other customary monetary forms not at all like gold which is consistent all through the world regarding limit and won't increment taking a chance with the component of deficiency.