Post
Topic
Board Bitcoin Discussion
Re: Bitcoin or Gold: Superiority
by
LimLims
on 06/10/2021, 12:37:05 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?

If you comparing between Bitcoins and Gold (not Digital Gold), then BITCOINS will surely win.
It’s lot more easy and compact to hold digital asset than physical asset.
Moreover the price of Bitcoins has great potential in shorter period of time.
So definitely like me many people will chose Bitcoins over Gold.
Hope this helps you OP.