Half and half, then see where each one goes in a couple of years!
He didn't offer half/half it was gold or bitcoin, you must choose (gun to head).
This isn't burger king you don't get it your way
Topic: Bitcoin or Gold? What would you pick? - page 7. (Read 7804 times)
He didn't offer half/half it was gold or bitcoin, you must choose (gun to head).
This isn't burger king you don't get it your way
That is a very interesting video. I agree no one laughed and most had a good idea what bitcoin was compared to where live in the US most wouldn't know at all.
Personally I would choose bitcoin. There might be more risk but there is also the chance of a greater reward.
Personally I would choose bitcoin. There might be more risk but there is also the chance of a greater reward.
gold is better
Very informative post, you really swayed my decision.
gold is better
Half and half, then see where each one goes in a couple of years!
I'll chose bitcoins and show the guy a QR code of a bitcoin cold storage I hold somewhere.
I don't want to walk on the street with gold
I don't want to walk on the street with gold
I've often heard the argument that "if the power/internet goes down, it's much better to have gold." But without power how do verify the gold someone is offering is real? Do you bite into it like in the old westerns? I've seen some fake silver and gold coins and they looked real enough to me. One copy Panda from HK had the inscription "Graet Wall" on it. I guess that was a bit of a giveaway.
I have already chosen Bitcoin over Gold. Never owned any gold and now own lots of bitcoin.
It seems like Bitcoin vs Gold has even results from the video.
But, I would choose Bitcoin over Gold!
But, I would choose Bitcoin over Gold!
Bitcoin. Only because it's price will go up. But if there was no price changing then Gold.
btc: perfect money to trade, high volatility, high risk, depends on internet structure working. Not safe for end of world scenario, or for emergency reserve.
gold: stead value even in crysis, can have value if the internet structure is compromissed, good for emergency reserves, but less long term possible valuation. China also doesn't manipulate the market baning gold every week
gold: stead value even in crysis, can have value if the internet structure is compromissed, good for emergency reserves, but less long term possible valuation. China also doesn't manipulate the market baning gold every week
I'll take bitcoin.
I can't send gold by internet. So Bitcoin. (and don't get me started on the shares in gold which are nothing more than a fiat currency under disguise)
Would be very curious to see this as a poll, just to see if Bitcoin would be picked at a 100% rate.
So far I've bought Bitcoins for all money I don't think I will need for a while, and a few Litecoins just in case... But for the remote but real possibility that both Bitcoin and Altcoins fail I'm considering to also buy gold and/or silver. How are you guys hedging? Gold? Silver? Fiat on banks? Stocks? Real estate? Or you believe so much in Bitcoin you don't invest in anything else?
My vote...Bitcoin. 
Bitcoin. On the street in isn't trivial to verify that gold from some guy is genuine. With Bitcoin it's just a matter of minutes.
Hmm... one of the advantages with Bitcoin. It can't be counterfeited. But when you are buying gold bars from someone, you are not going to blindly trust the seller. The buyer will do all sorts of checks to make sure that the bar is genuine.
Bitcoin. On the street in isn't trivial to verify that gold from some guy is genuine. With Bitcoin it's just a matter of minutes.
Up until this point I have picked BTC. Investing in BTC has made me want to start investing more in gold though.
LOL me too
Ive got the saving bug!I enjoyed watching that video, interesting to see the general public view on it. I would like to see the same done around other countries too.
Its worth considering though that selling gold isnt that easy, at least to get a fair price. http://www.telegraph.co.uk/finance/personalfinance/investing/gold/9932766/Buy-gold-they-say-but-how-do-you-sell-it.html
interesting read!
There is one difference. Bitcoin relies on the internet and the blockchain. In some szenarios, eg. an extreme solar storm, the internet may not be available for some time. Disadvantage of gold is its physical appearance which makes it vulnerable to regulations.
How does gold's physical appearance make it vulnerable to regulations?
lol. Maybe he think it;s easier to tax if its a physical thing?
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