Post
Topic
Board Economics
Re: btc value and currency inflations
by
deisik
on 28/10/2020, 20:03:51 UTC
Why then will you choice gold over bitcoin? Sounds so unreasonable especially as you must have been enlightening on the advantage of bitcoin over gold. The digitalize of bitcoin, it's finite supply and decentralized nature, just to mention a few is enough reason to consider it a more favorable investment option

There are many reasons why people may prefer gold over Bitcoin

Bitcoin largely remains a speculative asset while gold is a genuine store of value, although some consider Bitcoin a store of value too. Physical gold is better as a store of value because it doesn't rely on anything other than physical laws which are unlikely to change in the foreseeable future and turn your precious gold into useless lead. Bitcoin, along with its cryptocurrency brethren, is much more vulnerable in this regard, and anyone who is going to challenge that point should honestly check their sanity levels