The answer to a debate that is constantly discussed on social media accounts and news outlets may open doors to different answers for everyone. So, Why Bitcoin Instead of Gold for you?
If this topic has been discussed before, I would appreciate it if you could enlighten me.
I like both and I have investments in both, but what I think makes bitcoin much better than gold is its price fluctuations which tend to be faster than gold while gold seems stagnant and doesn't have a drastic increase in price, besides that trading with bitcoin is far easier and more efficient than gold only through a smartphone, you can already sell or buy bitcoin while gold is quite difficult, and the last is cross-border shipping for bitcoin transactions which is very easy, compared to gold which requires complicated physical delivery, maybe this is all I can explain about why bitcoin is much better imo.
Between bitcoin and gold if you invest in both it is good but you have to accept that investing in bitcoin is risky as there is volatility in the market. But by investing in gold you have no risk and you stand to gain a lot when the price of gold rises in the future. But the value of bitcoins increases relative to gold. But in this case it is difficult to sell gold but it is very easy and convenient to sell bitcoin that is why people are now interested in investing more in bitcoin rather than investing in gold to enjoy the benefits. Although gold is a natural resource and popular but nowadays we can see that most of the young people are more interested in investing in this virtual currency than gold, in that case I also prefer Bitcoin as the top investment.