Topic: Why people says gold is better? - page 20. (Read 11686 times)
Bitcoin can be used as payment anywhere that is accepted . But you cant use gold as payment directly since everyone doesn't have talent to know how many karrat in that gold. Not like Bitcoin that we can depend on the market published rate. To knw the value. But this two has there own things.
I got your point. Bitcoin is an online currency that can be used in paying some merchandise online and to some shops accepting it. Its a craze happening in the world because we are in the era of technolgy and some innovation must takes place and bitcoin payment is one of it. Gold is better because its a tangible asset that has a real value. You hold it and possess it. While bitcoin has no value at all, its just a representation of money. Its is popular that is why it keep on continuing its reighn in the world. If also have the chance to have a gold, i want to have one too, but as bitcoin continue its popularity, i just want be part of its wave.
I'm guessing since Gold has been sought after for thousands of years most people have a better understanding of it. Meanwhile Bitcoin is something relatively new.
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?
The reason that pop into my mind. We all know that bitcoin value is not stable anytime any moment it can change it might decrease the price or sometimes go pump. Gold also change but not faster than bitcoin. Gold takes a lot of years before it increases the value. The others reason some person say it because we can hold and see the gold. There is the reason for everything.
Gold has a form and commodity that almost exists throughout the world.
Unlike the bitcoin that does not have a physical form and there are still many people and countries who argue about bitcoin. so it really depends on the risk too. bitcoin has greater
Unlike the bitcoin that does not have a physical form and there are still many people and countries who argue about bitcoin. so it really depends on the risk too. bitcoin has greater
The value from gold comes from the backing of fiat and the use in jewelry, so it is basically in demand and it is needed to have some reserves. this makes the other gold worth more because the supply is limited. bitcoin has value because of the technology and the limited supply, but there are a lot of competitors offering basically the same thing as bitcoin. so gold has proven to hold value over a lot of years , and bitcoin still has to do that , we will see in the future.
well I guess, people says that gold is better because it is expensive that can give us money, can be converting into different currencies and keeps its values great. also the gold can be traded without internet and can be accepted in different countries. also it value more less stable in time
I think many people choose gold investment because it is quite stable and very safe. The value of gold will increase over time. Bitcoin value is not stable. Bitcoins are virtual currencies and are high in value, so many people will feel anxious because they are afraid of the risk of investing in it quite high.
Gold continues to be mined, and mined, and mined. Perhaps the amount of gold in the world is limited, but bitcoin is a more mathematical and regulated thing. No one can change math.
Each of the assets has earned its stable place in the investment portfolio. That bitcoin that gold always restores prices and goes to the same goal, albeit in different ways. Thus, for any depositor or trader, owning gold or Bitcoins will only bring positive effects.
Gold can be viewed as better if investigated for its strength. Gold has been around since essentially the primary human advancements, and it has dependably been profitable. It additionally has natural incentive as it can be utilized for adornments, gems, and even gadgets. Acceptance of the gold is easier than bitcoin, so I think that's why some people chose gold for spending than bitcoin.
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?
Because gold has been liked by many people long before bitcoin appears, so I guess that's only natural. Maybe in the future if the presence of bitcoin continues to grow and the better, meaning no more resistance to bitcoin. I think bitcoin will be much more better than gold.
because gold investment is a very safe investment compared to other investments including bitcoin, it is very safe even though stagnant but many people like to invest gold
it is true that bitcoin can be accepted as gold as a commodity and can also be accepted as a tool for transactions while gold can not to be as a tool of transactions
why people prefer gold over bitcoin? because gold has a high trust in the community as the safest investment and minimal losses. it used to be used as a means of payment, a means of exchange, and began to develop into an investment to date.
bitcoin has a very high risk, with hackers and prices that tend to be unstable. therefore people still prefer gold as their investment because it is safe and very minimal loss.
bitcoin has a very high risk, with hackers and prices that tend to be unstable. therefore people still prefer gold as their investment because it is safe and very minimal loss.
Gold is valuble , much more stable and time-tested asset than bitcoin. People who don't like to risk and like to take their money under control will not use bitcoin.
This could be because gold is much more stable than bitcoin when it comes to pricing and also with gold investments, the risk is significantly lower when compared to investments made in cryptocurrency.
It is because gold is a guaranteed way of collecting values. It has been working for thousands of years. so people are aimed to trust gold instead of paper cash or digital moneys. It is quite natural and they have a reasonable point to say that gold is better.
Now everyone says that gold is better than bitcoin, but with increasing users I'm sure that someday everyone says bitcoin is better than gold, if bitcoin price can reach $ 1 million then bitcoin is better than gold.
Gold is good but I would say it is not better than Bitcoin. People will choose Bitcoin through investment, payment, and other transactions
In the future, people will say Bitcoin is good. Gold price is stable. Gold can save good resources. So people think gold is good.
In the future, people will say Bitcoin is good. Gold price is stable. Gold can save good resources. So people think gold is good.
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