Quote from: nethan1btc on January 14, 2018, 02:17:46 PM

Quote from: swaptaker on January 14, 2018, 02:01:48 PM

Quote from: weblouartisan on January 14, 2018, 01:58:01 PM

Quote from: hadveach on November 20, 2017, 06:07:53 AM

I do not know why they say gold is better than bitcoin, while bitcoin transactions are spreading in their midst.
My speculation, maybe they do not know bitcoin or do not know how to use bitcoin, when in fact they admit that bitcoin is better than gold.

In terms of value, gold is more valuable than bitcoins but the down side is that, Not everyone can really afford to earn gold since it was very expensive unlike in bitcoins that you can work anytime on bounty campaigns and earn altcoins in return.

Gold is physical and they find this as a proof of value. They oppose bitcoin because they think bitcoin is vurtual. There is no other explanation about their behaviour against bitcoin.

Gold can be touch and seen, while bitcoin can only be seen through a phone or computer. A lot of people still prefer gold over bitcoin because gold has proven its worth over 100 years already and its price is stable. Unlike bitcoin, it keeps on fluctuating. But you can't earn huge profit in a short period of time when you invest in gold.

Yeah that's true, gold is something with a physical existence which can be touched and seen. Both gold and Bitcoin are quite different from each other, gold is a natural metal with chemical composition with a wide range of uses. On the other hand Bitcoin is a vulnerable man-made virtual currency having no other quality than only being a craze of people as a technology. Bitcoin is always dependant on electricity, internet and most importantly on miners for each transaction. Bitcoin can compete with dollar or any other currency but it can never take place of a fix asset like gold.