Quote from: Kemarit on November 01, 2018, 02:30:31 PM

Quote from: jseverson on October 29, 2018, 02:27:18 PM

Quote from: strideynet on October 21, 2018, 03:48:42 PM

precious metals are the most reliable way to invest, at least before the creation of cryptocurrency

Well if we're being honest, it still is now. Crypto's explosion has been massive and have proven plenty of critics wrong, but it's still way too early to believe that it has beaten other traditional investments reliability-wise. Scalability should be achieved, at the very least, before we even start comparing the two.

In any case, they're not competitors anyway. You don't have to choose one or the other, and it would be foolish to do so.

Precious metals like gold and silver will always find its way to be the best hedge because they have proven it already specially Gold. Just imagine if UK doesn't have that gold reserve needed to sustain them during and after the war. As far as crypto though, its still fairly young, but people really find it the best investment so far for various reasons. But we can't really compare them, in fact wise and smart investors diversify their portfolio, so I believed that there are a lot of gold investors who's into bitcoin as well. So those two will continue to thrive as safe haven for investors, whether we like it or not.

gold is a symbol of prosperity from ancient times, and until now people still believe it, and indeed the price tends to rise. while bitcoin is not much different, only still not many people know it, someday there will be many people who treat btc like gold