Post
Topic
Board Bitcoin Discussion
Merits 1 from 1 user
Re: Bitcoin or Gold
by
Blitzboy
on 30/06/2024, 06:07:15 UTC
⭐ Merited by JayJuanGee (1)
Guys I dont know what to do, should I invest in Gold or Bitcoin. Gold is more stable I know. But the bitcoin development is crazyy, imagine if you have bought it before 20 years... Grin
Bitcoin is finite, and Gold is finite.

However, the rate at which they are introduced into the world is very different, which affects scarcity.

As time goes on for Gold, technology advances and getting Gold out of the earth becomes a lot easier. It is not predictable and uncertain.

As time goes on for Bitcoin, there is a decreasing amount introduced due to block rewards being halved. It is predictable and certain.

I know my pick, go with Bitcoin.
It is no casual choice. This concerns value's and money's future. GOLD? It had a good run. Shiny, well-liked, and with history. But the world is changing.

We've got technology digging up more and more gold every year, so is it really that rare anymore? Bitcoin, thats a different story. It is safe, limited, and constructed on an immutable, transparent system. Folks, this is gold standard 2.0.

So, whats it gonna be? An antique relic thats losing its luster, or the future of finance?  Where Im investing my money is known. Bitcoin is a gamble on a better, more predictable financial system as much as an investment. Thats an investment in the future.