Post
Topic
Board Economics
Re: Bitcoin or gold?
by
Linda toraja
on 11/04/2018, 01:31:32 UTC
If you had to convert all your wealth to either Bitcoin or gold and keep it there for 10 years, which would you choose? Keep in mind the fact that Bitcoin has only been around for 5 years, and could be fundamentally different in any number of ways in 10 years.
I rather choose gold. Gold has a stabel price in the market, right now the price of gold is $1, 300 per ounce. Meanwhile bitcoin isnt stabel, its price has ups and downs. And its price right now is $6,843. Even it has a bigger price than bitcoin we don't know if it will fall instantly. So I rather to choose gold than bitcoin.

all just determined by consumer confidence, I do not like gold because I always think about the numbers in real terms, I am afraid if storing them in large numbers will invite higher crime, and also I do not believe if only capitalize the certificate and regulated in centralization.

bitcoin makes all the more transparent regardless of the many risks that exist, at least anything in the management of pure assets can be managed by us alone with a surge in maximum price exceeds the value of gold.