- Are you investing in BTC or gold?
- Do you think BTC has become more attractive than gold in the investment sector?
Yeah, sure I am investing in Bitcoin, not in gold. Both have their own pros and cons, but anyway today the world has a new mindset, like they want everything in their hands, like one click away from their hand. So I think people should love and have taken more interest in those things who have a strong sense of privacy and have less cost of swapping, like transferring from one to another.
In addition, the answer to your second point is that all over the world, the young generation including Mee, is just more attractive towards Bitcoin than Gold in terms of investment. And the reason for this is that Bitcoin is one of the only assets that, due to its volatile nature, has returned high amounts in a short period of time on investment. While Gold has less volatility and its investment return is long, that too is not as high as Bitcoin gives. It is true that Bitcoin is a highly volatile asset, but a short time gives a big return to the investor. For example, in 10 years Bitcion has given a 227x return to its investor while gold has only given a 2x return in 10 years.
So Bitcoin is digital gold; it has far the best quality from all perspectives, including expected volatility. And the interesting thing is that bitcoin is better than gold because of their volital nature.