Post
Topic
Board Bitcoin Discussion
Re: Will bitcoin replace gold?
by
Walrus1
on 15/01/2018, 06:25:39 UTC
Gold is an untaxed commodity in the us. It is an insurance policy for bad times.i Gold is undervalued and so far this year is doing well. Gold is a universal legal tender. Gold does tend to go down when the fed raises rates as people move into bonds that pay yields but I think people are concerned with the overheated market and hedging with gold. I don't think u guys appreciate the 4,000 years gold has been accepted as currency and value. Please stop this nonsense. Btc is btc it's a good thing but incomparable to gold or stocks. Next someone will say btc will replace the Nasdaq or S and P. People don't loose confidence in gold, it has never been worth 0 in its thousands of year history and never will, please, I beg you, stop these nonsense posts you are being redicoulous plus there is 200 posts here saying this same thing