Post
Topic
Board Economics
Re: Holdings of gold vs Holdings of btc
by
stayeduptolate
on 24/03/2018, 03:06:33 UTC
Does anyone have any idea how many people are using gold as a store of value vs btc?  And how long do you think until we have the same user Base as holders of gold?
I know bitcoin has defeated gold in terms of price but still I prefer holdings of gold over holdings of bitcoins. This is because firstly, gold is way more popular than bitcoin and gold has way more users than bitcoins. Gold is more trusted by people throughout the world whereas bitcoin is not trusted. Gold is a stable form of currency and its value does not fluctuate often whereas bitcoin is not a stable form of currency and it’s value keeps on fluctuating often.