Post
Topic
Board Economics
Re: BTC to GOLD
by
MancyZz
on 21/01/2020, 16:28:40 UTC
Gold is always a very valuable mineral. Buying gold is a correct and long-term investment. Bitcoin can generate huge revenue in less time. Also, bitcoin may be good for large investments. Carrying Bitcoin is easier than carrying gold.
you describe bitcoin as profitable in a less time an maybe short but you don't know bitcoin is also profitable in long terms ,gold continues to be mined and will not run out different from bitcoin has a limit and which will bring better prices in the future and short or long in terms bitcoin is more profitable than gold
but the problem is the legality and trust of people in bitcoin is not high, especially since only a small number of active bitcoiners, I think that's the fact at the moment, is different from gold which has a high level of trust, even though the amount is infinite, but all countries accept it



In ancient times all ancient people were familiar with bright yellow sparkling objects so it was very different from the Bitcoin that just grew up a few years ago. Gold is more convincing by many people every day than Bitcoin.
Absolutely, bitcoin is new thing for some people it make people not trust, do not want to use bitcoin and do not want put their money in bitcoin. moreover bitcoin price is fluctuation so people thinking its big risk. but no problem it resolvable by the time. and people preveoustly choice gold will choose bitcoin too