Quote from: beerlover on January 23, 2025, 09:19:05 PM

Quote from: Lucius on January 23, 2025, 04:12:21 PM

some people have been saying that for a very long time, and yet look at what the price of gold was 15 years ago (just over $1000 per ounce) to today it's only $2700 per ounce - there's nothing impressive about that if you take into account inflation over that same period.

This is what I did not understand. We are here on bitcointalk forum and of course people like you and me would prefer bitcoin over gold, look at the last 10 years and the performance that both of them did and you will see what we are thinking, its easy to pick one.
~snip~

It's nothing strange, remember that many people say that BTC is digital gold, because both assets are mined, albeit in completely different ways. Because of this, and the fact that gold has always fascinated people, there will always be those who will make comparisons - although if we look at price alone, BTC has outperformed gold by an incredible margin.

Quote from: Abiky on Today at 12:54:24 AM

Yeah, I know. Bitcoin usually outperforms Gold in price. But the latter is still a good choice. Especially when you want to build up your wealth at a "slow and steady" pace. The only reason I want to accumulate Gold is because it can be used offline (in emergency situations when there's no power, Internet, etc.)
~snip~

Diversification is not a bad thing, we know that you shouldn't keep all your eggs in one basket - now it's just a question of how much you want to risk and how much to play it safe. The assumption is that you can't go wrong with gold, although if we look at history we can see that gold has also had negative periods. Given that human society is increasingly being transformed into a digital one, I somehow do not expect that the demand for gold will be so great that it will achieve some kind of large growth percentages.