Topic: Why people says gold is better? - page 45. (Read 11686 times)
Gold is a metal that people have been using for many centuries, but bitcoin has existed for several years. It is clear that the confidence will be more precisely to the proven 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?
Because of its rarity and preciousness, you cannot simply use gold to purchase. Gold has been a standard of value for many years.
Gold can be use to purchase, but not in a "normal" way.
On the other hand, Bitcoin was created as a currency, for purchasing, as a payment. The technology gives comfort to us in trading etc.
Gold is always better than bitcoin because bitcoin has it's limits. You need electricity, internet and devices for you to use and or store it.
The real difference is that gold is physical (and so it is real) whereas bitcoin is just a bit of computer code and has no physical backing. This is why some people prefer gold to 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?
If you are going to compare bitcoin and gold then probably gold is easier to obtain more than bitcoin and because of that, there are a lot of people who are preferring to invest on bitcoins more than gold and another thing is that, the value of bitcoins is growing as the time goes by so it was really nice to hold for a very long time.
Just because it is more secure as time-tested. That's the only reason.
I think people don't know the value of bitcoin and also don't know the necessary of bitcoin crypto.They belive also gold,because gold can touch but bitcoin can't touch any moment.Gold hase a fixed price but bitoin don't have it.That's why people don't want bitcoin they want gold. We should teach them about bitcoin.
In my opinion the people happy if they have posses a physical thing like the gold is physically existed and they have the possession over that while if we look the crypto then you will feel happy to know that bitcoin is accessible through internet while the gold is universally acceptable and its value is better if the internet is available or not SO if a thing is available physically that is more wealthy than other things. If i say i will prefer bitcoin than gold and some people happy with gold.
they say that because the introduction of digital currencies is not so well digested, and usually people like them can only or believe in investing in gold, which they consider to be profitable in every year, whereas if they invest in bitcoins other than the ease of transacting bitcoin can provide an advantage at all times,,but they do not know that
Yes both are very good and if both invest very profitable, gold born from antiquity already exists and gold is an asset of state wealth that will never run out. Gold and goods are very valuable while bitcoin is virtual money or digital is not shaped but worth and its value exceeds the value of stable gold. So bitcoin is not like gold whose value is stable and bitcoin value will change and not easy to predict Bitcoin and gold both are not comparable both are different in it category itself. Gold is precious metal and ornament Bitcoin is cryptocurrency so don't confuse yourself. Bitcoin can be used as investment giving good multifold returns where you hold your investment in gold it wont appreciate like bitcoin returns.
they are juxtaposing bitcoin and gold as a place to invest .. not as an asset ,, both can say where investing .. but only differ in profit, bitcoin is more flexible while gold is more stable
'Cause you get your much needed exercise when you get out your pick and shovel and dig for it.
The reason most people still believe gold is better is because it has been around longer. Would you have more faith in a money or currency that has been around 10 years or 5000 years? Yeah it is not even close how the average person views it, and for good reason as well. However, that doesn't mean Bitcoin is worse, it just means we are more unexplored at the moment.
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I think they are of the view that gold is not a means of payment in the market, but rather they assume that gold is a very safe and profitable investment tool. The price of gold from year to year always increases, in contrast to the fluctuating bitcoin.
I think because bitcoin still not legal in many countries and still experimental. Also the price is volatile and no secured wallet for it, while gold is an assets which legal in all countries and its value is based on dollar rate and can be used as accessories and jewelries.
Many people think that making money on the Internet is unrealistic, but in fact, if you invest in investment, of course this is a risk, but you can earn a lot
maybe gold is better to use because we can see the actual value when we try to bring it to the expert. the bitcoin price was not stable enough .
but if i choose, I will choose bitcoin, maybe bitcoin has a advantages and the gold was not enough.
I guess beacuase gold is tangible, "real", so it has the reputation of being more reliable.
Gold is a safe investment after 100 years of trade and commerce. your money is safe in gold and silver for next 100 years. For international storage vaults of top gold and silver dealers and best price write to me. Now gold and silver dealings are also digital/electronic, your account with the bullion dealer will show the ounces or kilos of gold and silver you purchased and its current market value.Bitcoin has given 500% profit every month for 8 years. That is super HYIP and could be ponzi.
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 don't get it why their are many people saying that gold is better than BTC, but for me BTC is better than gold because now a days you can used and invest in BTC unlike the Gold you invest on it but you cannot used it. BTC has many purpose. You can used it as an investment, payment and you can gain high profit from BTC. In gold you can only invest and gain profit, but you cannot use it as payment.
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 only thing that makes gold to be better than bitcoin the digital gold is its stable price and of course its recognized in all parts of the world, but when we talk of payment for everyday use gold takes us back to the old barter system which is a no-go area for me, we have advanced with technology and bitcoin will of course be better here.
I guess beacuase gold is tangible, "real", so it has the reputation of being more reliable.
Some people says gold is better because gold was the first tangible asset that our ancestors used when it comes to buying and selling.
So, it is in our culture that we believe that gold is the most powerful when it comes to financial assets. We believe that it has its highest value among the financial assets.
So, it is in our culture that we believe that gold is the most powerful when it comes to financial assets. We believe that it has its highest value among the financial assets.
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