Post
Topic
Board Economics
Re: Why people says gold is better?
by
bitcoinminer45678
on 09/04/2018, 16:13:56 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?

For now gold is better because it is very precious. As long as you have the money you can buy it. You can also see the actual gold. In bitcoin it is only virtual and people cannot easily invest and buy it becs. The transaction is online.
Gold has always been there since the beginning. It is the measure of your wealth back in the days. There were some people who will do anything just to get gold.and not only that. Gold can be used in different ways.just like in food, decorations, jewelries, etc. It's better and useful many ways. It can be traded too. You can also buy some things using gold.