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Topic: Bitcoin Is Better Than Digital Gold - page 12. (Read 1649 times)

hero member
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Merit: 442
A Proud Father of Twin Girls 👧 👧
October 10, 2023, 12:17:09 AM
#2
Apparently I see no reason for comparison as they’re both good store of value and most times if they are possibilities of you owning them both, then I would advice that you go for it rather than wanting to compare them.
Bitcoin is still very new as compared to gos who has been in the market for a very long time and despite bitcoin infancy, it still has good future but very volatile while gold be it digital or physical gold isn’t that volatile and if I’m asked to choose between them both, then I might get to choose gold if maybe I have huge funds and scared of volatility but since I already know the risk associated with bitcoin, and if I could afford one bitcoin, I would simply dump the money in bitcoin
What I’m trying to say in essence is that, bitcoin is the future especially if you understand the risk.
sr. member
Activity: 434
Merit: 350
October 09, 2023, 11:32:13 PM
#1
The connection between gold and bitcoin (BTC) as stores of value is obvious, and the demand for BTC as a digital store of value was a big reason why the cryptocurrency grew in popularity, crypto services provider Matrixport said in a report Monday.
Bitcoin’s market capitalization is $540 billion, equivalent to 10.8% of the market cap of physical financial gold, Matrixport said, adding that gold exchange-traded-funds (ETFs) are valued at $200 billion. Read
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