Post
Topic
Board Bitcoin Discussion
Re: Bitcoin is better than gold
by
MetalGear
on 30/04/2018, 16:20:35 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.

Gold and other minerals like diamond are nothing compared to bitcoin in my opinion. Those precious metals are to expensive to transport plus the tax in every port of every country it passes through. Then it is also expensive to keep unless you want someone to steal it. While bitcoin is faster to use in transactions and cheaper to keep in wallets. The investments of bitcoin is also providing higher income done gold.