Post
Topic
Board Economics
Re: Bitcoin Is Better Than Digital Gold
by
Iranus
on 19/10/2023, 04:30:42 UTC

i don't think gold can compete in that field, its always the upperhand that bitcoin got when it comes to the return rate of investment.


It's not that gold can't compete with bitcoin in terms of returns, it's simply that gold has increased significantly over the past thousand years and it has reached its peak and saturation. Therefore, when comparing profits these days, it is clear that gold cannot be compared with bitcoin, but in terms of safety, gold is much superior.

Nowadays, gold is considered a safe haven, a store of value, not a profit-making investment, so I think there is no need to compare. If you want to find high returns, bitcoin or stocks are the choice, if you want to find a safe haven for your assets, it will be more suitable.