Post
Topic
Board Economics
Re: Why people says gold is better?
by
Zekemporium
on 15/12/2017, 12:26:11 UTC
Actually today I watched a video on facebook which is about spending bitcoin and gold in USA,it says it is difficult to spend bitcoin but some places are accepting bitcoins accepting as payment like supermarket,restaurants and some institutions.But no one accepting gold as payment then why still people says gold is better?

People says Gold is better, because gold has a stable value in market and definitely its value increses in future. People have trust on gold because rigid price and having confidence future returns. And gold accepted all over the world.
In case of bitcoin, still it is accepted as payment, having unsecured nature due its unstable fluctuating market value, in some countries still not legalised and having problems in conversion to money.