Those who know more about Bitcoin and its price fluctuations will always say that Bitcoin is better than gold. On the other hand, those who listen to the bank/government propaganda against Bitcoin will put their faith in gold first.
More precisely, they only hear information from one side, they believe that the government ensures the best benefit for them, if the government says bitcoin is not good, bitcoin with them would be no good, and of course, when compared to gold, they would think gold is better when the government guarantees. We also can not blame them, their knowledge is always going in the wrong direction because of the surrounding effects but one day, their thinking will change when bitcoin prove to them the value it brings 
Topic: Why people says gold is better? - page 3. (Read 11715 times)
There are people prefer gold and saying gold is better because it is more popular than Bitcoin; it is known since then. Its value is more appreciated than anything else.
Well, people prefer gold because it's a real-world asset and is less stable than the digital asset bitcoin. And still, there are many who are unaware of bitcoins thereby claiming it a Ponzi scheme but that's not true as it is quite secure. Additionally, it is far better than gold as the amount of profit it can provide the investor with and too in a short interval, gold can't...
Bitcoin has value because it is as valuable as money. Bitcoin has the properties of money (durable, concise, exchangeable, rare, divisible, and recognizable) based on mathematical formulas rather than based on physical form (such as gold and silver) or confidence in the central (such as fiat currency). In short, Bitcoin is supported by math.
With these attributes, all that is required of money to have an exchange rate is trust and acceptance. In the case of Bitcoin, this condition can be measured by the growth of users, sellers, and early users. Like other currencies, the value of bitcoin comes only from people who are willing to accept it as a means of payment
With these attributes, all that is required of money to have an exchange rate is trust and acceptance. In the case of Bitcoin, this condition can be measured by the growth of users, sellers, and early users. Like other currencies, the value of bitcoin comes only from people who are willing to accept it as a means of payment
Those who know more about Bitcoin and its price fluctuations will always say that Bitcoin is better than gold. On the other hand, those who listen to the bank/government propaganda against Bitcoin will put their faith in gold first.
For me, the reason why people says gold is better than bitcoin, because gold has its own physical form, it is tangible, so most of them knowing that you are secured with this because it can't be hacked or what. while, bitcoin, can steal it to you through hacking and for me, it is one of the reason why people tells that gold is better. Despite of this, many people don't know about btc world so they prefer golds or paper money that is substantial.
not many people know btc maybe that's the reason, whereas the gold layman had known him for a long time besides that real gold can be held so easily won the trust of people to become an investment tool other than that the price is quite stable with btc the price is unpredictable and the absence real evidence that guarantees ownership, maybe it's a factor why people still think gold is still better
I agree with your idea. They do not understand what bitcoin is and they do not even want to spend some time to read about bitcoin and the blockchain. That is why they keep saying that gold is better. Gold is traditional but the world is changing, we have to adapt to new change and become greater and greater everyday
Well, I think the different between bitcoin and gold is a great looking for the gold and most people wanna see the real thing and worth it, we all know as bitcoiners btc is an anonymous. So, most people more like a real thing tho.
Gold price is almost stable and also accepted in all places of the world with high demand.But Bitcoin isn't accepted in all places but it is also demandable within it's member who are connected or known about Bitcoin.Btc price isn't stable.For this reason, people says gold is better.
Some people believe that gold is better because it has proven its worth already. Although it cannot be easily divided unlike cryptocurrency that is divisible, it is acceptable by the majority so it would be better than crypto. It has been existing since time immemorial and even use as the mode of payment before when fiat is not yet existing. It can be melted and be made to a different object that will be of higher value so it has different uses. The disadvantage to it compared to cryptocurrency is that you just cannot easily bring it anywhere or have access of it wherever you are. Gold is known by the majority and exist physically while cryptocurrency is not that known yet and only exist digitally.
People say that gold is better than bitcoin may be true. Because gold will not lose its sale value, because gold has been traded far thousands of years before. While bitcoin is still unclear whether it will last forever or only up to several years or tens of years only.
not many people know btc maybe that's the reason, whereas the gold layman had known him for a long time besides that real gold can be held so easily won the trust of people to become an investment tool other than that the price is quite stable with btc the price is unpredictable and the absence real evidence that guarantees ownership, maybe it's a factor why people still think gold is still better
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?
Gold Has already made it's core standard than bitcoin, it has it's own natural resource and the appraisal has always been high in the market, and ever since the old era its already been use by trader, kings Like for barter.. You can even keep it for a very long time and heritable.. btc Was produced resently and needs a lot of efforts for every goverments to accept it though its known across the globe it still more polishing to maintain in the market...
Gold is an advantage that is extremely steady. As an advantage does not speak to cash, nobody will utilize gold as installment. You can just utilize it to exchange/sell into money. Another reason is because of Gold having an excessive number of sorts of reproduction. Unless you are a specialist or have the essential instruments you are in all likelihood unfit to decide if it will genuine gold. With every one of these dangers, who will acknowledge or utilize that as methods for installment?
Indeed, Gold can reproduce itself but bitcoin is man made. Bitcoin may have a large market price but it isn't steady, compared to the price of gold that is recognized by all people. You can keep gold in a long run but it's price won't change, but bitcoin's price changes however it isn't usually approved by some government. Gold has been the traditional hedge against volatility and the modern banking system and it has been used as currency for thousands of years so there is a real momentum behind it. I think aside from a fully decentralised cryptocurrency gold is by far the best type of exchange of value
Peoples always like what they can see. Gold already become favorite investment for thousand years and it can not change by years. Its need time to people realize bitcoin function and bitcoin advantages.
Gold is an advantage that is extremely steady. As an advantage does not speak to cash, nobody will utilize gold as installment. You can just utilize it to exchange/sell into money. Another reason is because of Gold having an excessive number of sorts of reproduction. Unless you are a specialist or have the essential instruments you are in all likelihood unfit to decide if it will genuine gold. With every one of these dangers, who will acknowledge or utilize that as methods for installment?
Gold is probably better because of value it can gave in extreamly situations. Bitcoin isn't have any value and impact in real life thats why many people choosing gold.
I'm sure that almost 100% of people on this planet know gold, so gold is very easy to accept and never banned or rejected people or countries, there is no difference about the gold character so that the gold price is always the same in all countries, this is what makes everyone sure that gold is better than anything including bitcoin.
This is, of course, gold a common property of the entire economy, gold is the economic measure for the whole world. Gold is stable, less volatile than BTC. So people keep the property in gold. But for some investors they like BTC more, because BTC fluctuations they can invest and have higher profit than gold.
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?
I still believe gold is better than any crypto in the market because gold is very expensive and the market price is always increasing unlike bitcoin the price is fluctuating depending on the market demand.
In my opinion, people believe in gold more, becouse we had gold for centuries, and its price is always slightly going up, what we could not say about bitcoin btw.
Gold is not a currency ,it is an investment asset so it is not possible to directly buy things by using gold as a mode of payment in supermarket,restaurants and some institutions.Gold is not directly accepted as payment but many people stiil consider it better than Bitcoin because it is a traditional and most trusted type of investment asset used by people since years.
Jump to: