Quote from: GreatArkansas on March 26, 2024, 01:46:44 AM

Quote from: headingnorth on March 26, 2024, 01:13:05 AM

Those are just some of my thoughts to start the thread. For those who own both gold and bitcoin what are your thoughts?

Pros of Gold: Stability and Tangible Asset

Gold price is not that stable, it fluctuates a lot just that the range is not as wide as that of Bitcoin. If you trade forex you will agree with me that gold is as volatile as indices such as Nasdaq and GER30. Another reason why people think gold is stable is because it has been in overall upward direction with just a few deep corrections. The fact is that it is volatile but not as Bitcoin

Quote from: GreatArkansas on March 26, 2024, 01:46:44 AM

Pros of Bitcoin: High Growth Potential and Ease of Transfer
Cons of Bitcoin: Votality and regulatory risks

The volatility issue of Bitcoin is mainly for the short term traders, since they just want to get in and out within a short time. With a single spike most of them are neutralized already. But those with long term plans for Bitcoin do not really have any problem with the volatility.

On the regulatory risk, we can call it risk but it also have some positive side even though I do not support it, reason being that it will destroy the privacy and anonymity that Bitcoin is supposed to eventually bring to the global financial system.