Post
Topic
Board Bitcoin Discussion
Re: Bitcoin vs. Gold, Fiat and Altcoins (Updated: Traits of Money)
by
wongdeso
on 11/04/2019, 02:49:01 UTC
I don't think bitcoin and gold are mutually exclusive, and they have very similar characteristics in their scarcity and portability. Bitcoin is essentially digital gold. However, no investment is 100 percent safe from theft, and certainly not bitcoin when human error or negligence or theft among third-party custodians is involved.
I agree with you. indeed there is no 100 percent safe investment because there must be theft. and in my opinion it is better to invest in bitcoin because it is not seen by others compared to gold that almost everyone uses it, but yes it comes back again, we must be smart to keep our bitcoin safe.


Indeed all investment assets are not 100% safe and this has a risk, so to avoid risk we must remain cautious and alert. Don't be easily tempted and keep the keys to our assets well. But what is more characterless is bitcoin, the fluctuating value that often changes makes us manage every moment appropriately, the possibility of gold and fiat has a value that is not different and the market movement looks slower and more stable.