Post
Topic
Board Economics
Merits 1 from 1 user
Re: Bitcoin or Gold
by
Jchris50
on 28/08/2024, 19:46:36 UTC
⭐ Merited by fillippone (1)
local media reported that there was fake gold that even amounted to 109 tonnes.
With this in mind, we must realise that ultimately nothing is 100 per cent safe.
In addition, bitcoin is also not very suitable for the short term because after all, when talking about investing in bitcoin, the long term is more worth it.
Without anyone telling me this, I already knew that there are fake Gold but Bitcoin is not fake actually, it is just that the price of Bitcoin is not stable but we can invest on it for long term and make profits more than investing on it for short terms.
Gold has existed from many years but look at were it is now, I do not think that it have any more potentials like bitcoin, and Bitcoin is only 16 year now but there is more potentials that it is going to go further in the next 10 years. The reason why Bitcoin is superior to gold is because it is decentralize.