Topic: Bitcoin is better than gold and USD? - page 7. (Read 1600 times)
Yes I think that bitcoin is better than gold and USD, the reason is that the price of bitcoin is almost always up and the total supply is also limited, and also cheap transfer fees
I do not think Bitcoin is better than Gold and USD. Yes, Bitcoin is the most expensive and influential cryptocurrency of this period. Bitcoin preference is more than all the other crypto currency. Bitcoin acceptability is very high and it is increasing day by day. But it is better not to compare gold or USD with bitcoin. I saw many posts where Bitcoin is better than gold and USD. My point is that Bitcoin is the crypto currency, on the other hand, gold is one of the natural resources and USD is the real currency. So how is Bitcoin compared with gold or USD and is called Bitcoin gold and better than USD? Where Bitcoin Gold and USD are used in various different things and in different fields. Give your opinion.
what makes bitcoin different from gold and conventional currencies is the technology. and has an equation with gold and conventional currency from its trade value. so now technology has a value equivalent to gold and conventional money depending on needs 
Gold, usd and bitcoin have different good result for us. Before I think bitcoin is better compared to the gold but now my thinking now because gold still good investment and also USD because other people invest it and convert it once the rate high to their currency. All of this we can earn money and possible also to earn big money or turn as to become millionaire.
Bitcoin was recognize as the most leading asset of all currencies that has been resemble by many people and held for too long. Thus, gold and usd has its own liable way to used appropriably. But I think it is about an individual speculation on how we overview the aspect in order to benefit it different perspection.
Gold, usd and bitcoin have different good result for us. Before I think bitcoin is better compared to the gold but now my thinking now because gold still good investment and also USD because other people invest it and convert it once the rate high to their currency. All of this we can earn money and possible also to earn big money or turn as to become millionaire.
The dollar is much different from gold, and Bitcoin, in turn, is very different from both of them. It is impossible to say that one of them is better, some worse. These are completely different financial assets with their own characteristics and disadvantages. In general, they will complement each other and walk in society together. If gold and the dollar have already taken place financial assets, then Bitcoin is only developing.
Indeed, the three are different when viewed in terms of the physical, but if we look at the investment side they have the same, all three are very much made into investments. maybe the purpose of the OP is to compare the three towards investment.
Bitcoin can be use as money (payment system) can be use as an asset (such as gold) for these factors you will know which one is the best? I believe bitcoin is better than gold or USD because I can use bitcoin to feel how can I use bitcoin as an asset and how can I use bitcoin as payment system. This is a matter of times, sooner when all people know bitcoin or at least they understand how bitcoin work then it's time to make it happens.
The dollar is much different from gold, and Bitcoin, in turn, is very different from both of them. It is impossible to say that one of them is better, some worse. These are completely different financial assets with their own characteristics and disadvantages. In general, they will complement each other and walk in society together. If gold and the dollar have already taken place financial assets, then Bitcoin is only developing.
All three can't be compared, every one is unique and have their role on economy, but if compare price then bitcoin is more expensive than gold and value a lot of USD. And bitcoin and gold can be used to get profit more than USD.
United State Dollars is a currency, gold is a precious mineral and bitcoin as they say is digital currency. But to me bitcoin is not a currency rather an asset like a bar of gold. USD and Gold is widely accepted in the world not like bitcoin. Currently I really do not see the use case of bitcoin though we say you can buy and sell will it but the question is what exactly do they buy with bitcoin? I see it to be a mere say. It is high time we started chopping bitcoin rather than making in an online currency with only buying and holding for better price.
I see a lot of between bitcoin and usd. Because of the risk of virtual money, fluctuations, not yet recognized by the majority of countries.
There is nothing common in BTC and USD. One thing is probably the same - both of the currencies can be used for buying things. However, if everybody takes your dollars if you offer them USD, most can refuse from virtual money.
I am not sure about this comparison because USD hasn't started to lost its importance that much. On the other hand, I could say that Bitcoin is better than gold right now.
Bitcoin is better than both Gold and USD. The Gold is stable and its value does not increase as much as bitcoin value increases. For example if you hold gold and bitcoin for 5 years, bitcoin can give you 5X - 10X returns.
USD will also lose its value with the passage of time and people are looking for digital currencies instead of Fiat.
Money, gold, and bitcoin also have their own uses, so we don't need to compare them because we also need their respective uses.
Well, you will not be able to control people from comparing these three. Money, gold, and bitcoin have their own differences, it is true that we don't need to compare these but if we don't, people will not know the advantage of one to the other two. We should emphasize the differences between these three but that doesn't mean that we will be biased in telling these differences.
I do not think Bitcoin is better than Gold and USD. Yes, Bitcoin is the most expensive and influential cryptocurrency of this period. Bitcoin preference is more than all the other crypto currency. Bitcoin acceptability is very high and it is increasing day by day. But it is better not to compare gold or USD with bitcoin. I saw many posts where Bitcoin is better than gold and USD. My point is that Bitcoin is the crypto currency, on the other hand, gold is one of the natural resources and USD is the real currency. So how is Bitcoin compared with gold or USD and is called Bitcoin gold and better than USD? Where Bitcoin Gold and USD are used in various different things and in different fields. Give your opinion.
I dont agree with your opinion. It might be true that gold are more liquid and better than bitcoin. But i do think bitcoin is better than gold in term of investments, gold is so stable and low risk and bitcoin are still developing and full of suprises. So i do think bitcoin is better and will become better investments in future than gold and usd. BTC was created to evade the USD, not specifically but it was. Therefore, USD is worse than BTC, simply because it is a state currency and without any ballast.
Gold is the universal currency of the worst periods. If the world is running out, bankrupt governments and etc, gold will be accepted by anyone. But gold has an end.
That is, BTC have ballast, ends, and can be used in both good and bad periods regardless of failed or failed governments.
These facts simply show that BTC is the best currency compared to gold and USD (In the case of USD, you can consider any state currency)
I'm pretty sure that wasn't the only reason why it was created. Knowing how guys who create things that shape history think, it was made for more than one important reason. But also at the end can be used to evade practically all fiat currencies in the world. It is particularly useful to evade currencies with high inflationary rates or ones that reach to "hyperinflation"(Venezuela).
But a also game changing technology behind it is something that none of those two have in this point of human history.
but for some people the instability is an advantage of bitcoin, compared to gold and USD.
Yes because it is a time to make fast money which is one benefit of bitcoin if you understand when it is to bull. This is because it is an investment instrument for wealth.
Bitcoin, gold and USD have own functin, have an adventages and disadventages depend on someone who likes it. If you are an investor bitcoin and using it as payment system or in other word you only use bitcoin in your daily live then you will like it more than gold and usd.
But for those people who likes gold or investor gold then he will like gold more than BTC and USD even will give cynical eyes when some people says that bitcoin is better then gold.
Also with someone who likes USD or for those people who comfortable use USD for daily live of course they will ignore everything about bitcoin because it's not real. But for me, I'll use all of them simultaneously because I need them to face my daily life. I can choose an investment in gold and also I have to choose USD for payment system cause till now just a few merchants who accept bitcoin and I have to choose USD.
But for those people who likes gold or investor gold then he will like gold more than BTC and USD even will give cynical eyes when some people says that bitcoin is better then gold.
Also with someone who likes USD or for those people who comfortable use USD for daily live of course they will ignore everything about bitcoin because it's not real. But for me, I'll use all of them simultaneously because I need them to face my daily life. I can choose an investment in gold and also I have to choose USD for payment system cause till now just a few merchants who accept bitcoin and I have to choose USD.
for now Bitcoin is indeed better than gold or USD, but its very unstable price is one of the weaknesses that investors fear.
but for some people the instability is an advantage of bitcoin, compared to gold and USD.
but for some people the instability is an advantage of bitcoin, compared to gold and USD.
Exactly! But as we can see, just by simply looking at the responses in this topic, people will always have a different perspective about this three. Others will always see that one is better than the other. While there will be some who will look at it differently. I belong to the latter. These three have their own strengths and weaknesses and their own uses and value. And as long as they are serving their purpose, I think they can all be considered better.
USD is the real currency.
So you are saying that Bitcoin isnt a real currency? how do you consider if the currency is not real I think you have your own basis.They are just comparing those make a healthy discussion and I cannot see any wrong with that, ok lets say for you USD and GOLD is better than Bitcoin but for most of us here Bitcoin is better, try to search deeper why.
USD is the real currency.
So you are saying that Bitcoin isnt a real currency? how do you consider if the currency is not real I think you have your own basis.They are just comparing those make a healthy discussion and I cannot see any wrong with that, ok lets say for you USD and GOLD is better than Bitcoin but for most of us here Bitcoin is better, try to search deeper why.
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