Quote from: EarnOnVictor on October 06, 2022, 06:32:58 AM

Quote from: trendcoin on October 03, 2022, 10:43:06 PM

Throughout history, there has been a conflict between solid currencies such as gold and silver and fiat currencies. Bitcoin has emerged on the stage of history as an additional alternative to solid currencies such as gold and silver. I'm already on the side of solid coins. That's why I love Bitcoin so much. We don't need to count the extra great things like peer-to-peer payment, decentralized structure, semi-anonymous structure, financial freedom and portability...

I appreciate Bitcoin so much as it has unique technology and principles of operation that outweighs the traditional ways of investment and settlements, but in fairness, gold, silver and fiat have their advantages over the cryptocurrency too. As much as I would want to say I love Bitcoin more than the others, it might only be about the low transaction cost and the decentralization of BTC that would be the valid advantage of it over the earlier listed ones.

I do not see the advantages of precious metals over bitcoin to be fair. Maybe that is just me and maybe there is one and I am not good at it, but at the end of the day I know that it is available and it is doable and I am just not accepting it, because why would I accept another asset as better than the one I am holding?

Then people could ask me, why do you think there is a better one but you prefer not to use it? That is why it's a lot better to have something like this in the long run instead, makes a lot better situations and give a lot better results to just trust the thing you invest into and that is what I am doing right now with 100% committing to bitcoin.