Quote from: NeuroticFish on Today at 11:38:24 AM

Quote from: CryptopreneurBrainboss on August 10, 2021, 11:35:23 PM

It's quite surprising how people still consider gold a more profitable investment than Bitcoin.

Gold is not more profitable, but, at least in theory, it's safer since the daily price fluctuation is rather small.
Also, while we are now in the middle of bull run, clearly gold cannot match investments in bitcoin.. but the history tells that bitcoin bull run doesn't last forever. When the fiesta ends (temporarily) and price will go down, then gold can become a good place for storing wealth until a new bull run will start.

Does it seem gold is working as a stable coin? cause when bull runs end normally we cryptocurrency holders convert our holdings into a stable coin, more likely USDT/BUSD/USDC.
If so then why do we need gold rather we can use any stable coin or fiat money cause that's are less fluctuated than Gold.
The popularity of gold is caused for 10T market cap, that's doesn't matter, Bitcoin can surpass those market caps in a blink of an eye. Just stop people to spread out FUD.