Post
Topic
Board Economics
Re: Why people says gold is better?
by
thepolarbear
on 02/04/2018, 04:09:33 UTC
Actually today I watched a video on facebook which is about spending bitcoin and gold in USA,it says it is difficult to spend bitcoin but some places are accepting bitcoins accepting as payment like supermarket,restaurants and some institutions.But no one accepting gold as payment then why still people says gold is better?

Maybe most of the people are still saying that gold is better because of their lack of knowledge about cryptocurrencies like bitcoin. In fact, if you randomly ask someone on your neighborhood especially the old ones what is better, gold or crypto they will say gold due to it is intangible, have a high price, and popular since the civilization. In addition, most of the people are still not used in using crypto as a money as a payment.