Bitcoin has the advantage in terms of payment, transactions, and trading. In terms of value over time the gold wins. There are claims that bitcoin is the new gold and way more better than gold but for me it is not. Since the bitcoin adopts to the modern market so it become more useful than gold. Bitcoins are just too mainstream because of its inflation in the past years to present. Gold could also do price increase and exceeds bitcoin in the future.
Research shows that a single mobile device contains up to 50 milligrams of gold. Plus, gold has been as a Federal reserve since the 19 century and it can held as well which was the reason why gold have more value than bitcoin. I won't argue with you because we still have 4,501,938 bitcoin to before bitcoin reach 21,000,000 after that bitcoin will have more value than gold.
In order to disseminate information about the value of Bitcoin, you must first inform each person of the value of Bitcoin. Everyone knows why gold is so precious and valued for many centuries. But with Bitcoin it's not easy, because it does not have its physical shell.
Yes, you're totally correct about spreading the value of bitcoin and making people know the great profit they will have when holding or investing into bitcoin for years in other to spread or disseminate bitcoin but we need to also put the government law in a position which it won't affect the common man.
I am less interested in gold is slow movement. I hold gold though not in large quantities, and have sold half with a loss condition. And when investing in bitcoin, really feel a satisfactory advantage, i am amazed to see value investing in bitcoin when i am idly trying to convert on fiat. Very fantastic.
bitcoin is somewhat a short term investing and have a potential of big profit while gold is a long term investment. gold is quite good to partner with bitcoin - they are both best investment to have.
to me i think you can even use bitcoin for long term investment. because bitcoin has a very bright future because in future we are expecting that bitcoin has still good potential to increase its price.
Bitcoin is a huge technology system and it also a promising decentralized cryptocurrency which make it good for a future investment. In addition, I believe in testimonies not in rumor because rumor quench people thirst for greatness and also hinder people from taking a step further. Have you read about a Norwegian man which invest $27 into bitcoin and later discovers they're now worth $886k? What about Erik Finman? All this shows bitcoin was a promising future.
If you had to convert all your wealth to either Bitcoin or gold and keep it there for 10 years, which would you choose? Keep in mind the fact that Bitcoin has only been around for 5 years, and could be fundamentally different in any number of ways in 10 years.
For now bitcoin is far superior to gold, although investments in bitcoin have enormous risks but bitcoin values are far more valuable than gold. If we look at the bitcoin price movements in this month its value continues to increase, even in my opinion bitcoin value in this month the price can reach $ 4000, by looking at the price like that I prefer to invest in bitcoin than gold this year.
Mind you, great opportunity comes with great risk and it better to join the race than been left behind. However, bitcoin is not only far superior than gold, if you check the current financial market you will see that bitcoin keep on rally while the world wide traditional assets are tumbling.