This is one of the answers I've been waiting for, at least someone believes in gold more than BTC and lets people know his clear point of view.
You're kidding me, right? It was just a joke of mine. I'm obviously not invested in gold given the fact that I'm writing in a Bitcoin forum, presenting arguments of bitcoin being superior in every property comparably to gold.
I can't. Some say it's less volatile but that's just because it is more known.
It's less volatile for two reasons.
- Bitcoin supply cannot increase with increased demand. This means more intense price fluctuations.
- Probably just speculation of mine, but central banks and governments holding most of the gold makes it difficult to create the same kind of market volume as with bitcoin.