Topic: Bitcoin is better than gold and USD? (Read 1600 times)

On what terms?

When it comes to payment, bitcoin was really the essential thing to be used for the transaction. Gold is used for a lifetime material in case of emergencies and other stuff. But for me, they're quite different though, they can be used in transactions but in different ways so it's not good to differentiate those two. They have a unique purpose on this and only a few people understand those.

Bitcoin is only better than gold if the power grid remains up. If you want the grid to stay, join with a few friends, and get a Kubota 10kw generator for your neighborhood. Save money by getting off the power company, which will be controlled to crash, just to bring the grid and Bitcoin down.

I think each has its advantages and disadvantages, it is for different types of people. If you are a safe trender, you are afraid to risk, you should choose gold and USD. Because it seems its price is quite stable and safe. But it will not help you earn a lot of money after a period of investment. On the contrary, those who like adventure and bravery should choose BTC. It will help you become rich or not lose in a short time. For me, I always choose BTC because I like adventure

Bitcoin, Gold, and USD are indeed different from each other, but all three are sought by people because all three can benefit us.  If according to its function, Bitcoin and USD might be the same and Gold is the most Different.  But even though all three of them are looking for people because they can provide benefits, Bitcoin is the best in terms of the highest potential.  The price of Bitcoin can soar very quickly, and it has never been owned by Gold and USD.  In this case people say, Bitcoin is better than Gold and USD.

Do you really believe that gold is a liquid asset? And you really believe that gold is more liquid than something like Bitcoin? If that is the case, then I have to tell you that you need to learn more about cryptocurrencies. How can we even consider gold as a liquid asset? It is not readily accepted as a currency and selling gold is not super-easy. You need to pay markups if you want to sell your gold quickly.

Lol, the dollar has the backing of federal reserves, all the assets of the government (which infact is elected by people) and global trades carried out in USD.
Also, the relative value of USD and all other currencies is decided by World Bank using the PPP for a basket of goods and also the health of the nation's economy, whereas the BTC is just plain and simple, expectations.

I am not saying it will always be this way but as of the current scenario, the price of BTC/Crypto is mostly derived from speculators / traders.

Exactly the purpose matters, bitcoin is always better than gold and fiat in terms of investment and fast profit, since ita true that gold value never depreciate but it takes time to appreciate the profit out of it and the only good thing for gold is that its value is not going downward as time moves.

To determine whether BTC is better than USD and gold, we must know in what case. If it is on the case of investment for the long term, I think BTC sometimes holds a very significant chance to be the best to get bigger profits. however for the volatility, BTC is very volatile and the gold or USD is more powerful and stable, mostly the two are increasing.

Bitcoin, gold and USD have their own unique characteristics that make each of them  different in their own way. In my personal view, Bitcoin is an alternative form of USD or money. Bitcoin can be a good form of money but a bad form of asset to invest in considering the patterns in the rate at which its market value keeps changing. But Gold in the other hand is a good investment asset..

among the three of them, "gold, usd and bitcoin" have very different karatisitik, even though they are the same in investment participation. but if you want a long-term investment and want to continue to pay attention to developments clearly, bitcoin is more profitable than gold and usd. because the profits obtained are clearly very attractive for investors. gold and usd are very small calculations of profit.

Right. Bitcoin investment makes a bigger profit especially if its price becomes more expensive compared to gold that has only a fixed value and only make a small profit.And when it comes to bitcoin as a currency,it might be dominated with USD for now but when mass adoption for bitcoin takes place,hopefully bitcoin will start to replace USD soon.

It depends on the situation, btc has a very volatile value, the dollar has a very stable value compared to btc, gold almost dominated our market, many people prefer to invest in gold than btc, however it has some disadvantages as well as btc, you will not find establishments that easily accept gold and much less btc.

 Good afternoon sirs

Gold is difficult to use as a means of payment or international trade and financial transactions. Investing in gold is not as high as bitcoin, while bitcoin can transfer digitally anywhere (anywhere) instantly, at a cost of just a few cents, at no additional cost, and the price of bitcoin is uncertain, prices can be very high and can fall as low as possible.

You need to define the term "stable" first.

I would never call gold and the United States Dollar as stable assets. Gold has nosedived from $1,900 per oz in 2011 to $1,400 per oz as of now. Before 2011, it had a steep bull run. Check the details here:


And the purchasing power for the USD have been going down from the very day it was created. Check this:

Following you with your statement investment wise yes I agree that bitcoin can be a much better way to place your money, with usd and gold where value is not moving that high, you just need to embrace volatility when you start bringing your investment around bitcoin there's a lots of time that sway will bring your nerve into your ass so make sure you are ready for that.

Gold and USD have nothing different with Bitcoin except that gold and usd are stable and accepted already as assets. Gold ia just a piece of rare metal while usd is just a paper accepted anywhere. While bitcoin is just a digital asset whose value is very volatile. I would like bitcoin as it is very unpredictable and expected to rise in value.

Not long enough we experience huge dumps but I've never felt that will be the end of Bitcoin. BCH is just a clone and I don't see this coin will strong enough to compete against Bitcoin. The longevity of its existence become stronger and come to the point that garners more attention to the public, and makes people think that Bitcoin is better than of gold and USD.

Gold-backed Stablecoins too use a computerised system and internet network, in order offer digital money.

Gold-backed Stablecoins are real gold, digitally traded.

Same is true for gold-backed Stablecoins

In my opinion, it might be far better than gold and usd.
The price of gold is influenced by some fundamental news, some of which are the inflation rate, monetary policy, and the value of the US Dollar. In addition, another strong indicator that has an impact on the price of gold is a global factor which is generally called uncertainty. This is where the reputation of gold as a safe haven asset comes into play, because investors usually choose to 'take refuge' in the value of Gold when the market is hit by geopolitical anxiety and instability.
Like investment in other fields, gold investment will indeed have its own advantages and disadvantages.
With its physical form, gold does need a place of storage. And because it's easy to carry everywhere, gold is also vulnerable to being lost and also stolen. So be careful when you save or invest in gold, the existence of fake gold, investment in gold must be in large quantities to generate profits that are also large


Dollar which is one of the highest value foreign currencies always attracts people to invest. This dollar investment is vulnerable to foreign currency inflation. Inflation itself is the process of increasing prices in general and continuously related to market mechanisms which can be caused by various factors, including, increased public consumption, excess liquidity in the market which triggers consumption or even speculation, to include due to the lack of distribution of goods. Inflation that has an impact on foreign currencies is indeed very possible because the comparison is the purchasing power of goods in the country.

Along with the more advanced and modern times, there is now a new investment called Bitcoin. This investment can be considered modern because it uses a computerized system and internet network in the form of virtual money. Bitcoin is digital gold. This bitcoin investment has advantages or pluses from the ease of running it. Bitcoin investment is fairly easy because it can be done remotely (online) from wherever the investor is. Only by turning on the computer or smartphone and internet network, then you are ready to run this investment. The value of this investment is easily stored on a hard disk device used.

Bitcoin is something whose value and feasibility in the future will be decided by how everyone adopts it. Many nations are quite supportive and we already have a thriving BTC economy but we can't really predict how it turns out later (much later).

Fiat or Gold. They were, they are and they always be a part of economy.

Can't say the same for BTC or any other cryptocurrency.

~YoMamaSoFat