Topic: Why people says gold is better? (Read 11715 times)
Looking at the past when many people were believing that gold is universally acceptable asset and stable in the price that I think was the reason why many people became very attached with gold. Now in the modern time people are saving their money into investment and they are earning good amount on this investment. Bitcoin has created an avenue for everyone to earn just by having bitcoin in their wallet.
I likewise think if gold is still better utilized for speculation. since notwithstanding keep on existing, gold costs are additionally more steady and regularly ascend than the bitcoin cost. simply envision, in the event that we purchase gold now and spare it for the following five years, as of now on the beyond any doubt cost of gold will rise once more. what's more, perhaps extremely costly relying upon the nature of gold. it's simply that gold can be depleted, and possibly lost on the off chance that it keeps on being taken from the earth.
yeah for me gold is better in come in real state. but for me bitcoin is better in growing profit . gold is slowly increasing but bitcoin when it pump it will give you 100% profit bigger than you expect.
I think is is better beacuse the gold is has the more stable selling value eventhough the bitcoin is a digitial currencythat have high price I think gold is exclusively investment to have the price is never dumping.
Those people who are didn't know about bitcoin that is why they say that gold is much better but if they know about bitcoin i think their mind will be change because in bitcoin anytime or everywhere you will be rich here in crypto.
Gold preserves the price. Unlike crypto which highly volatile at the moment. Gold basically protects you from all of that.
Also Gold is more demanded than crypto; I think I can safely say that every human adores gold.
Also Gold is more demanded than crypto; I think I can safely say that every human adores gold.
The main reason is the preconceived notion that gold has existed in the world for a long time, and people are used to using gold as a measure of wealth. Although the actual use of bitcoin is more convenient than gold, most people still think gold is better.
Gold is better than bitcoin which is the correct thing. Gold is a value that can last forever. But bitcoin can not last forever because bitcoin runs on the platform of technology. If it was a technology then it would not survive long.
The main reason is the preconceived notion that gold has existed in the world for a long time, and people are used to using gold as a measure of wealth. Although the actual use of bitcoin is more convenient than gold, most people still think gold is better.
Because gold has a physical equivalent. It can be touched, seen. With Bitcoin, it's not like that. Therefore, it is hard to take it. But it is worth recalling that the economy is a fake science. And money is in fact a means of exchange, but with every year we see less and less cash. They are also only on the screens of monitors. So I think it's no different
Actually today I watched a video on facebook which is about spending bitcoin and gold in USA,it says it is difficult to spend bitcoin but some places are accepting bitcoins accepting as payment like supermarket,restaurants and some institutions.But no one accepting gold as payment then why still people says gold is better?
It was really hard to spend bitcoins because you need to find some exchanger that will convert your bitcoins into fiat in order to purchase online items like in amazon but luckily, amazon today is accepting cryptocurrency method and it was a very good sign that bitcoins is slowly being accepted by the community.
The foremost plausible reason i can think of around why individuals say gold is still way better compared to bitcoin is the reality that gold has shape. It's physical, unmistakable and valuable that has been around for the past a few a long time. Bitcoin on the other hand is still very modern and i wagered on the off chance that you inquired any arbitrary stranger on the road a approximately bitcoin, i can say that not numerous will be able to know around bitcoin(as what i have experienced). Attempt to see both like this: Think of a doomsday/apocalypse like situation. Since gold is physical, it'll still be there though bitcoin being computerized, will vanish with innovation.
To date, it is too early to say that bitcoin is more expensive than gold and society instead of gold choose bitcoin, because the world is not ready to accept cryptocurrency.
I also think if gold is still better used for investment. because in addition to continue to exist, gold prices are also more stable and often rise than the bitcoin price. just imagine, if we buy gold now and save it for the next five years, already on the sure price of gold will rise again. and maybe very expensive depending on the quality of gold. it's just that gold can be exhausted, and maybe lost if it continues to be taken from the earth.
Actually today I watched a video on facebook which is about spending bitcoin and gold in USA,it says it is difficult to spend bitcoin but some places are accepting bitcoins accepting as payment like supermarket,restaurants and some institutions.But no one accepting gold as payment then why still people says gold is better?
It was really hard to spend bitcoins because you need to find some exchanger that will convert your bitcoins into fiat in order to purchase online items like in amazon but luckily, amazon today is accepting cryptocurrency method and it was a very good sign that bitcoins is slowly being accepted by the community.
Actually today I watched a video on facebook which is about spending bitcoin and gold in USA,it says it is difficult to spend bitcoin but some places are accepting bitcoins accepting as payment like supermarket,restaurants and some institutions.But no one accepting gold as payment then why still people says gold is better?
It was really hard to spend bitcoins because you need to find some exchanger that will convert your bitcoins into fiat in order to purchase online items like in amazon but luckily, amazon today is accepting cryptocurrency method and it was a very good sign that bitcoins is slowly being accepted by the community.
It depends on the situation because we all know gold will never lose its value for a long period of time because since old days we are trading gold as a medium of exchange while bitcoin is very volatile you can either earn big or lose big if you don't know how to track its prices, same goes to cash it stable because its legal tender and can be use anywhere but its value cannot be compared to gold.
They just say it because they do not know what Bitcoin is and the true value of Bitcoin. For me, Bitcoin is better than Gold in the long run. Yes, they may both have limited supply. But Bitcoin has more of use in the future than Gold. Because Gold can be replaced by silver, but can never be replaced by any other coins.
On my opinion people would rather believe in gold becouse they were used to estim gold for a centuries, but bitcoin only appears few years ago!
Gold, bitcoin , brilliants and other stuff people used to invest in are the same but bitcoin have no value in real life. It's the main factor that making people saying that gold is better.
Bitcoin is worth much more than gold today, any one who follows the market knows that. But i think its because btc is unstable in price, it makes investors quake that is why many still prefer gold
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