Quote from: MidKnight on June 13, 2019, 12:43:24 PM

Quote from: bitcoinsc on January 27, 2019, 12:54:31 AM

Gold exist for over a 1000+ years maybe? Bitcoin only 10 years. Also the internet existed about 25+ years. Bitcoin price is higher than gold by over 200%. I think the value of Bitcoin is going to sky rocket once again. When technology gets more advance n the Bitcoin system upgrades. Just another speculation.

Bitcoin is an innovative tool perfect for our modern advanced technology. It is very useful for our day to day life if it gets adopted worldwide while gold does not really do anything and we don't really need it and it's only precious because of its structure. Gold is just there to symbolize it's holder's status in our society. While the internet and bitcoin exist to ease life to the fullest.

I think you are too idolizing bitcoin, agreeing that bitcoin is a very useful product to help us get good income, but it is not a perfect product, it still has great risks, many people are still losing money in bitcoin even many big investors have pushed others into bankruptcy when they control the price of bitcoin too closely. While gold may not do so much for us, it is just a product that honors nobility but at least, it does not bring too much risk, and the value of gold actually increases steadily over time, in the long run, what's better, it's still a difficult question to answer