Post
Topic
Board Bitcoin Discussion
Re: Bitcoin is better than gold
by
stayeduptolate
on 30/04/2018, 15:43:28 UTC
From an investment point of view, bitcoin is more about gold than it is about other currencies. That's because as an asset, bitcoin and gold have a lot in common. Both are limited to supply, both have functions to use, and many believe that, despite their large price fluctuations, they remain a good store of value. Compared to gold and currency investment returns in the past five years, the currency's performance is far better than the so-called precious metals, gold year loss than 6%, the currency of the annualized rate of return is 155%. These rich returns show that bitcoin has excited investors about the prospect of putting money into such a new asset class.

Compared with the gold standard, the value of the currency rising and proven performance, investors can be used to measure the investment of the world's leading digital currency future opportunity and risk indicators.
It’s  true that bitcoin has gained a lot of popularity among the users throughout the world and has also gained a lot of users throughout the world but still I do believe that gold is better than bitcoin even though bitcoin has defeated gold in the terms of price. This is because firstly gold has way more users than bitcoin throughout the world. Then gold is in way more usage than bitcoins. Gold has a physical entity whereas bitcoin is just a digital form of currency. Then people trust gold whereas they don’t trust bitcoin.