I don't think there is a need for this table you drew here because you are making a lot of pointless conclusions there. Are you saying that Bitcoin and fiat do not have established histories but gold has? That is outrightly wrong. Do your research very well, aside from Bitcoin, fiat has a well-established history more than gold which is way older.
Let me just excuse myself from many others that you marked or dashed because many of these do not represent the reality of what you made them appear on the table. Gold is not divisible, but it has an established price, right? This thread is not necessary to me, you seem not well informed about the subject.
Topic: Why Bitcoin will always remain the best choice - page 4. (Read 1298 times)
Why is Bitcoin still the best choice, despite its low price? In terms of popularity, bitcoin is known in all countries around the world. Even in the stock exchange market, it has been included until now. This is something that other cryptocurrencies don't have. I don't know if you know of any other cryptocurrencies that are also included in the stock market.
Then most large companies and merchants in different parts of the world also accept bitcoin as a primary payment in their respective businesses operating in their countries.
Then most large companies and merchants in different parts of the world also accept bitcoin as a primary payment in their respective businesses operating in their countries.
with the above explanation it is clear why btc is better and the best choice over the rest. If you are still in doubt it is too bad because you are clearly missing out.
Saying who's the better might seems not appropriate. No need for comparisons. Why just focus on a single one?
Either Bitcoin, Fiat, or gold, they are all important.
Better to consider accumulating all of these if we can.
There will be different reasons with different users. For me it is the one that got into the market and served as the base for the rest of the altcoins available for usage. Maybe more advancement have taken place with other altcoins, but to stay strong against all other cryptocurrencies and the fiat system is not a simple thing. For this reason my choice falls with bitcoin as the best of all time.
It is the firstborn of cryptocurrencies and that's why it does makes sense that it's got the supreme. Although for some facts, there will be those people that might say that it's the not first one because there's the ecash by David Chaum. Well, enough with that but sure it's the base now for the entire market and that's what makes it the best choice. While many of these altcoins will be gone for sure within the next years, bitcoin sure is here to stay no matter what trend will come out. 
There will be different reasons with different users. For me it is the one that got into the market and served as the base for the rest of the altcoins available for usage. Maybe more advancement have taken place with other altcoins, but to stay strong against all other cryptocurrencies and the fiat system is not a simple thing. For this reason my choice falls with bitcoin as the best of all time.
Based on the chart, it looks like Bitcoin has everything aside from history. But I believe people give value to Bitcoin not because of those things, it was because people see this as a profitable investment compared to Gold. Do those things really matter to the investors? Maybe some but for the majority, it only takes for granted. And despite the risk in crypto, many had chosen this knowing that earning a profit isn't impossible and they can possibly make money every day like if you are a trader. It serves as an investment and a currency as well - that seems to be the advantage of Bitcoin.
people want to have money - that is the only thing on their head - and bitcoin is the best option - no doubt But there is hard work associated to it - which people are not ready to make.
Money is all they want at any cost. sometime it is the cost of mental peace of other person
Bitcoin is a good investment because of its volatility, and it's proving its worth since it was released in the cryptocurrency market. Honestly, gold and Bitcoin are good to posses, however, gold is a little bit eye catcher, especially to thieves, so you can't sleep at night if you don't have any good storage and security at your house.
I love Bitcoin in all of the cryptocurrencies that are existing here in the blockchain world because it's accessible anytime and it's not hard to keep.
I love Bitcoin in all of the cryptocurrencies that are existing here in the blockchain world because it's accessible anytime and it's not hard to keep.
Based on the chart, it looks like Bitcoin has everything aside from history. But I believe people give value to Bitcoin not because of those things, it was because people see this as a profitable investment compared to Gold. Do those things really matter to the investors? Maybe some but for the majority, it only takes for granted. And despite the risk in crypto, many had chosen this knowing that earning a profit isn't impossible and they can possibly make money every day like if you are a trader. It serves as an investment and a currency as well - that seems to be the advantage of Bitcoin.
If people only study and learn how Bitcoin works or what is Bitcoin then it's not a problem at all it's just that they seemed like they are lazy to understand or study Bitcoin and proceed to choose the fiat system. There's a lot they can benefit by using Bitcoin if they just know what are they and it's easy to use, you can send your money from all around the world without the interference of a third-party.Besides of what I've said, they can also invest since Bitcoin can be an asset too just like what you said. What more people should be asking? They could trade using Bitcoin just like the stock market. I think people really hasn't thought about it that they are in great advantage when they choose Bitcoin.
Based on the chart, it looks like Bitcoin has everything aside from history. But I believe people give value to Bitcoin not because of those things, it was because people see this as a profitable investment compared to Gold. Do those things really matter to the investors? Maybe some but for the majority, it only takes for granted. And despite the risk in crypto, many had chosen this knowing that earning a profit isn't impossible and they can possibly make money every day like if you are a trader. It serves as an investment and a currency as well - that seems to be the advantage of Bitcoin.
The diagram below gives a short and precise distinctive difference between BTC, Gold and Fiat.
-snip-
Gold is divisible too. But like you said, there are physical limits, and it is the same with bitcoin and fiat currency. Bitcoin has the lowest unit, a sat, but you can literally do nothing with that 1 sat. You won't even be able to send it to anyone since the fee is going to be more. The same goes for gold. You can divide it into minuscule pieces, but no one is going to have any use of it. -snip-
And yeah, bitcoin is censorship resistant, but most of the people use centralized wallets or exchanges to make transactions. Bitcoin can still be censored if the government wishes to ban any kind of bitcoin transactions. In that case, even if you are doing p2p transactions, you are breaking the law. As long as you don't interact with any fiat currency, you will be fine, but that is almost impossible.
-snip-
with the above explanation it is clear why btc is better and the best choice over the rest. If you are still in doubt it is too bad because you are clearly missing out.
Yes, it is better, but not the best choice over the rest. There are still some drawbacks that soon will be solved. with the above explanation it is clear why btc is better and the best choice over the rest. If you are still in doubt it is too bad because you are clearly missing out.
Bitcoin will always be the first choice because it is the most popular cryptocurrencies compared to others, ~
Mate, it is clear that Bitcoin is the king of crypto coins and it will remain the first option for crypto investment. But the diagram doesn't compare Bitcoin and other crypto coins, it compares Bitcoin with Gold and Fiats. Do you realize it? 
Please check again what OP explained on the first page, it is about the difference between Bitcoin, Gold, and Fiats.
~ the number of large companies and countries that legalize bitcoin is a strong indication that whatever happens to cryptocurrencies it is very dependent on bitcoin.
It is true. There are more and more countries that legalize Bitcoin. It is surely a good sign for the future of Bitcoin/crypto investment.Well, crypto market will always depend on Bitcoin because it is the main crypto asset. When many countries ban it, it will give a big impact on the big decline in the prices of the whole crypto coins. While if many countries legalize it, it will trigger the prices of most crypto coins to rise signifincantly. Bitcoin will always have a big role.
Bitcoin has always been the first choice because they think Bitcoin is the safest asset, with the largest marketcap and the number of users is most natural if people always make Bitcoin in hold, although the transaction volume is decreasing but Bitcoin will always be the main choice.
Tell this to people and companies who bought bitcoin in the range of 40,000-60,000 dollars for bitcoin, they will definitely support your idea
No offense - as a speculative tool, and even in the hands of speculators with influence on the market - bitcoin is an indescribably profitable tool. But for most of the others.... 
The bitcoin price increasing 10% in the last 24 hours is a good thing, of course. I didn't expect a strong bounce like this actually after the previous day the price corrected, but this is a bitcoin market where fluctuations can occur at any time. This can also be the reason why bitcoin is always the best choice in every investor's portfolio, it is clear that the risk will be worth the payoff. However, not everyone has the courage to act during a correction, they tend to sit back and wait for the price to fall deeper.
There is no doubt about bitcoin, we have defined it as the best among the best assets. Gold and other physical assets are also good, but bitcoin is something completely different.
There is no doubt about bitcoin, we have defined it as the best among the best assets. Gold and other physical assets are also good, but bitcoin is something completely different.
I would say so - a dubious statement in the title of the topic. Let me explain: in some way, yes, bitcoin in the crypto world has the role of "dollar in the global economy." But in the fiat world, the situation is different - the dollar has the support of the Running House, the Fed, the US military, the economy and global demand for it as a settlement currency and as a store of value.
What is Bitcoin? Yes, a high price, although this is also relative, and provided only by speculative processes. And what is important - there is no global dependence on it. Tomorrow, bitcoin can be replaced by, for example, Ethereum or Avalanche or a similar, high-tech product, and .. NOTHING WILL HAPPEN, just another token will replace bitcoin. And try to just replace the dollar? It will collapse! Therefore, the statement made in the title is not entirely true. IMHO
What is Bitcoin? Yes, a high price, although this is also relative, and provided only by speculative processes. And what is important - there is no global dependence on it. Tomorrow, bitcoin can be replaced by, for example, Ethereum or Avalanche or a similar, high-tech product, and .. NOTHING WILL HAPPEN, just another token will replace bitcoin. And try to just replace the dollar? It will collapse! Therefore, the statement made in the title is not entirely true. IMHO
Rules in the administration. bitcoin is a good thing because indeed they are one of the very good investment objects for now, but when we live today it is clear we can't rule out FIAT either.
I love bitcoin and I use it as an investment tool that allows me to support my life until now is mostly the result of my investment in bitcoin. But in other respects I also can't rule out FIAT even though they don't change anything but FIAT is still very useful for everyday life.
IMO, bitcoin doesn't have to rule out fiat.I love bitcoin and I use it as an investment tool that allows me to support my life until now is mostly the result of my investment in bitcoin. But in other respects I also can't rule out FIAT even though they don't change anything but FIAT is still very useful for everyday life.
It has to be there and be just the greatest alternative that people can and lucky for us, we already knew what bitcoin is for and what's up to.
There's no need for any of us to dispose one and the other, we can use both but it's more remarkable to see what are the greatest things that bitcoin can do to each of us.
From the beginning bitcoin was created not to replace Fiat basically but to make it complementary to each other and it would be great if they could run together. When we are in bitcoin we don't mean we don't look at fiat and vice versa because now they have their own advantages and disadvantages.
Just use it as long as we get the benefits of both then this is a good thing.
And why I chose bitcoin in the end and I will explain it here.
The first thing that makes bitcoin special apart from being limited is its privacy, because people on the bitcoin network can trade or transact without knowing who they really are in real life.
this is also the reason why I like Bitcoin and why I think is bitcoin will always remain the best choice. because bitcoin and blockchain really gives us freedom of keep our identity to ourselve and stay anonymous to the rest of the world. we can hold bitcoin and crypto currency and no one knows about it. The first thing that makes bitcoin special apart from being limited is its privacy, because people on the bitcoin network can trade or transact without knowing who they really are in real life.
on other hands. if you have a little bit of fiat money, the govt and banks know about that and keep track of all your transactions and activities.
The diagram below gives a short and precise distinctive difference between BTC, Gold and Fiat.
The chart is quite positive towards bitcoin's journey, some people have been very close to this model, bitcoin continues to show positive values for now, so feel free to start.with the above explanation it is clear why btc is better and the best choice over the rest. If you are still in doubt it is too bad because you are clearly missing out.
What makes people feel left out is incompetence, they are not doing the right thing to make a decision.Yes bitcoin is risky, then what about gold and fiat currencies?
all three are just a combination that we have to use, to add to the list of assets that we have, but now bitcoin is one of the right destinations, when you and I are able to take advantage of it
I think I exactly agree with people that we need dual mechanism of Bitcoin and fiat currencies. Bitcoin is the best wealth protection out there as its scarce. But fiat money best option if you wanna take loans as inflation decrease their value and in overall you spend less money than you are gonna spend later on (if you didn't take loans). Bitcoin's strength in your graph is obvious and we should be buying more Bitcoins for future.
What kind of dual mechanism do you mean in this case?Actually in this case when we are in bitcoin does not mean we should not care about fiat.
Indeed, in terms of investing in bitcoin, it is a particular choice for me personally, but when talking about the current social situation, it is clear that fiat still plays an important role at this time.
Having bitcoin as an investment tool does not mean we have to leave fiat because there is nothing wrong with having both as long as we feel comfortable.
My view is simple as usual, there are no guarantees. Cryptocurrency is still very new, technology is still new. There will be a lot of growing pain — it cannot be expected to be perfect in the present nor do we try to predict the future. However, it makes sense to keep a close eye on cryptocurrency developments, and keep investing in at least one or two (or more) cryptocurrencies.
I don't need guarantees from people. Bitcoin does not give those because it's an inanimate object. Bitcoin has no CEO, no front man, nobody to assure us of anything, but also nobody to target and nobody to make mistakes. For me bitcoin's existence is a guarantee because bitcoin is the best store of value out there. There's nothing like it in existence. Nothing that can equal the value of a whole house, but at the same time be easy to move around and verify as the real thing. You can have a watch worth 100k USD, but how ill the buyer know it's not some cheap knockoff? You can have a diamond ring, but how will someone know it's worth 100k and not 10k?
The world needs bitcoin and if it doesn't survive because the governments destroy it, we're all in deep shit because we'll be living in a world where there's no private property. All will be given to you and taken away when those in power decide you're not following their plan.
And why I chose bitcoin in the end and I will explain it here.
The first thing that makes bitcoin special apart from being limited is its privacy, because people on the bitcoin network can trade or transact without knowing who they really are in real life.
this is also the reason why I like Bitcoin and why I think is bitcoin will always remain the best choice. because bitcoin and blockchain really gives us freedom of keep our identity to ourselve and stay anonymous to the rest of the world. we can hold bitcoin and crypto currency and no one knows about it. The first thing that makes bitcoin special apart from being limited is its privacy, because people on the bitcoin network can trade or transact without knowing who they really are in real life.
on other hands. if you have a little bit of fiat money, the govt and banks know about that and keep track of all your transactions and activities.
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