Topic: Explain - page 4. (Read 1851 times)
Bitcoin in future will be far more better than gold in so many ways. Gold features are in it value and for now bitcoin value is two time high than that of gold. With many hard fork issue the whole bitcoin and crytocurrency are having there value keep increasing and to me value is what matters not the items or services itself!
Not everyone here think so. That was the first thing. The second is I think the mass of the forum's participant think that gold and bitcoin can only to be compared as the saurse of investment, but every individual has to decide for himself which investment is better (normal decidion is to chose both). I suppose only crazy bitcoin fans will say you that bitcoin is better than gold, cause of they are a little bit addicted of such raising of the price and all perspectives that bitcoin could give, being modern saurce of money making.
What do you believe bitcoin is better than gold, explain?
This question has already been asked a lot of times in the forum and the answer is the very same from everyone just with different ways of putting it. They are completely different things and they are not meant to be compared. Bitcoin is a digital currency while gold is a natural resource, though people use both of them for investments but that doesn't make them to be in the same lane. Gold has its own merits and demerits and bitcoin has its own, but they are not comparable i guess.
What do you believe bitcoin is better than gold, explain?
I think there is advantages for both Bitcoin and Gold in different ways, bitcoin is must more easier to use as an currency to send money to each other online, and bitcoins is much more easier to store without the need to purchase a safe deposit box.Gold is a precious metal that are being recognized worldwide with a high value, and the ability to touch and see the gold makes some investors feels much more safer than owning bitcoins, as some people are not tech savvy and are worried about their bitcoin wallets getting hack and steal by hackers, so this group of people would normally invest in gold.
Actually they are totally different.
GOLD is safe heaven for investors. If they are economic problems in USA or EU gold will rise
But bitcoin is totally demand related.
So you are comparing apples and oranges.
GOLD is safe heaven for investors. If they are economic problems in USA or EU gold will rise
But bitcoin is totally demand related.
So you are comparing apples and oranges.
What do you believe bitcoin is better than gold, explain?
When you compare such distinct items, there should be some basis to make comparison. As among gold and Bitcoin, most obvious basis is 'item of investment'. No doubt, Bitcoin is much better than Gold, why. Pretty simple! Everyone salute the rising sun and currently Bitcoin is rising one. Why would one be interested in getting 10-15% per ounce in a year when he is getting 300% return on Bitcoin. Moreover, it is much more safer to keep as compared to gold.
What do you believe bitcoin is better than gold, explain?
Silly, I think we should not compare different products that have no substance in common. Bitcoin is digital currency, it is completely different from gold. Gold is a valuable substance in human society, comparable in no way.
A key advantage of bitcoin over gold is that the supply is transparent, this eliminates fear of the typical inflationary pressure. Bitcoin is also highly divisible and secure. Transactions in bitcoin is of course much easier than gold.
What do you believe bitcoin is better than gold, explain?
Jump to: