IF there was a war and I needed to flee the country, which asset do you think would be easier and more secure to transport?
Bitcoin
Topic: Bitcoin VS. GOLD - page 37. (Read 4308 times)
Will the bitcoin replace the Gold? If there is A war coming everyone will run to the Bitcoin instead of the gold?
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I don't know where these questions keep coming from
Bitcoin has already surpassed Gold in terms of value. however, just like Gold, Bitcoin's value is subject to demand. If people decide to move away from BTC then the price of it will fall.
In terms of war, both have their advantages. At the end of the day Gold has been around for almost eternity whereas BTC is still in its infancy. Having been said, BTC is more transferable and there's no limit to how much of it you can store (physically) whilst the same cannot be said for gold.
IF there was a war and I needed to flee the country, which asset do you think would be easier and more secure to transport?
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I prefer to hold bitcoin and gold. Because gold is important for a woman like me as jewelry and beauty in me.
And bitcoin as a capital asset for me to buy gold.
And bitcoin as a capital asset for me to buy gold.
IF there was a war and I needed to flee the country, which asset do you think would be easier and more secure to transport?
No, gold is a physical thing you can hold in your hand. Bitcoin is electronic data. It is stored on the blockchain for everyone to see. Everyone cannot see all the gold. The blockchain cannot be manipulated unless there is someone who controls over 51% of the mining power. Gold can be melted and turned into other material. Both are hard to change. Gold and Bitcoin are similar in some regards, but also very different.
There is always a war somewhere, but I don't believe it has any effect on whether people want gold or bitcoin.
So, according to what you just said, Bitcoin IS the new gold. if the supply for Bitcoin is limited and for Gold no. the demand for bitcoin will rise. people will better of buy bitcoin and not gold . There is always a war somewhere, but I don't believe it has any effect on whether people want gold or bitcoin.
No, gold is a physical thing you can hold in your hand. Bitcoin is electronic data. It is stored on the blockchain for everyone to see. Everyone cannot see all the gold. The blockchain cannot be manipulated unless there is someone who controls over 51% of the mining power. Gold can be melted and turned into other material. Both are hard to change. Gold and Bitcoin are similar in some regards, but also very different.
There is always a war somewhere, but I don't believe it has any effect on whether people want gold or bitcoin.
There is always a war somewhere, but I don't believe it has any effect on whether people want gold or bitcoin.
Will the bitcoin replace the Gold? If there is A war coming everyone will run to the Bitcoin instead of the gold?
Some analyst say that in 5 years BTC will be less than $100 while GOLD will be above 10K, your thoghts?
I did my risk mangment and split my investments, boght PAX coin to be on the safe side.
link for more info: https://payperex.com
Some analyst say that in 5 years BTC will be less than $100 while GOLD will be above 10K, your thoghts?
I did my risk mangment and split my investments, boght PAX coin to be on the safe side.
link for more info: https://payperex.com
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