Post
Topic
Board Bitcoin Discussion
Re: So Bitcoin is better than Gold?
by
1nvestments
on 05/03/2018, 00:22:03 UTC
gold and baitcoin have the same advantages and disadvantages, so you must be smart save and start it because all have their own weaknesses. if I prefer the two two because bitcoin has penetrated as the national currency and gold continues to exist until now because gold is so precious from ancient times.

The advantage to Gold is Governments use it as a currency backing. Look at countries like Lebanon where 1$usd = 1500 Lebanese pounds. Its been that way for decades because it is backed by Gold. However, unlike Gold, Bitcoin has a huge upside due to the fact that I believe it is extremely undervalued at the present time.