Post
Topic
Board Bitcoin Discussion
Re: Bitcoin or Gold: Superiority
by
rodskee
on 23/09/2021, 10:52:53 UTC
Question

The price of gold fell 10.5% since the beginning of the year, but the price of Bitcoin gained 332%. Bitcoin, in the same decade, has returned 146% annually, compared to gold's 0% per year. Is it really necessary for us to still debate which of the two is superior?

Here are my thoughts

A valuable store of value and medium of exchange, gold has been around for five thousand years.

Despite Bitcoin's success, do not let your enthusiasm for it turn into arrogance or (worse still) stupidity. In addition to bitcoins, the world values many other assets, including gold and oil.

How do you feel about this?
no doubt that i am a Bitcoin supporter , i even invested more than half of our savings here in crypto but this doesn't necessary mean I am all in  cryptocurrency.
i tried to diversify my funds into Bitcoin, banks, Gold and real life business .
in this i am assured if no matter what happened to the world economy , i am ready and at least will have place to survive at some point.
practicality and security is my Motto in life.