Post
Topic
Board Economics
Re: Bitcoin or gold?
by
Dark Sky
on 15/12/2017, 13:25:10 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.

Gold. Because you can create bitcoin through gold. Apparently they're just the same.
But if gold does not exist, neither do bitcoin. But if gold exists you can make more bitcoins out of it. the
real foundation of it all is gold. and gold is the foundation of bitcoin
They don't the same, gold was protected by the government so its advantage is it has a stable price unlike in bitcoin that it is decentralize, so meaning it is not controlled by the government, it is fully investing with a high risk behind you. Even if I have a lot of money, I won't invest it all, just half of it will be invest in both bitcoin and gold.
if we invest all of our money in bitcoin it will also a big risk because sometime we need some money for family, so I will some money invest in bitcoin form and it will very beneficial for me than I will convert my all or some money to gold it will not get profit for me, its just beneficial for government .