Topic: Why people says gold is better? - page 49. (Read 11717 times)
Gold is a valuable metal, the purpose of gold is different from that of Bitcoin. gold is less suitable for use as a payment method except you visit a pawn shop because the supermarket does not have the equipment to know its value. gold is used as a store to our wealth and protect it from depreciation and has a stable price. this is why people say gold is better
Pretty pointless comparison in the first place, and since people tend to have their own priorities without budging from them it's simply easier to let those vouching for e.g., gold have their go at it. You're not in the losing end anyways, so why worry? Gold is a bad investment anyways, and that's why not even the people owning gold consider it one in the first place.
gold is valuable asset but Bitcoin is fast growing limited supply asset so Bitcoin is digital gold
I think maybe just because gold can touch.
The intrinsic value of bitcoin is much greater than that of gold, which is digital gold, and bitcoin has the same safe-haven function as gold.
The intrinsic value of bitcoin is much greater than that of gold, which is digital gold, and bitcoin has the same safe-haven function as gold.
People say gold is better it is because the value and properties of gold is forever, in tmes of crises ,calamity, or even war gold is powerful as medium of exchange for survival of the needed supplies. In other part in this modern technology where digital exchange is being use. I can say that cryptocurrency favorable than gold because bitcoin is profitable and grow to a higher value compare to 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?
Barter system was used before. People trade from one good to another until gold coin were used. There's no specific time in history were it was formally used. Then they used coins, traders used as it is easier to carry and kept. Can you imagine bringing a cow miles away to trade for spices?
like bitcoin, gold was a innovation back then, and it will take a long time before bitcoin overtakes it from the economy.
I think maybe just because gold can touch.
The intrinsic value of bitcoin is much greater than that of gold, which is digital gold, and bitcoin has the same safe-haven function as gold.
The intrinsic value of bitcoin is much greater than that of gold, which is digital gold, and bitcoin has the same safe-haven function as 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?
Every people have own opinion, yeah some people say gold is better. But it depends on people what they are believe. But for now gold is so very expensive unlike bitcoin everyone can own it but it depends on you how to handle your bitcoin. Just be responsible.
Some people says that gold is better than bitcoin because gold has an underline asset. Besides that gold has been generally accepted in the world.
While bitcoin now is still controversy.Some countries like Japan receive it as legal business and its price is not stable. Someone who invests in bitcoin will face high risk in his investment.
While bitcoin now is still controversy.Some countries like Japan receive it as legal business and its price is not stable. Someone who invests in bitcoin will face high risk in his investment.
gold commonly used as a store of property value, because gold rarely decreased. Unlike the Bitcoin which is like any other transaction instrument that experienced a lot of value correction. Ordinary parents describe gold as a means of investment to remain rich, and stocks / properties / and others include Bitcoin as a means of adding value to wealth.
in my own maybe people say that gold is better because gold is a 100% safe and gold has a stable price. also people value gold for different reasons like always said it is 100% safer. the only reason why people says gold is better.thankyou
Gold is more previous than BTC because you can not see any decreases on gold,and in these days BTC is decreased and maybe it will countinue to decrease. BTC is more risky.
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?
Easiy to turn btc to a cash you do not need to spend btc directly. why people says gold is better? Rather I choose to say Gold is safer, not that much of fluctuation on gold rate but this brings the profit, the risk that you get on trading with it.
I do not know why they say gold is better than bitcoin i think they dont know the difference between gold and bitcoin.It was almost a year before the concept of high value in digital currency was approved by the people in the transaction. Gold has a longer cognitive process than BTC
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 is better with many uses, not only in the transactions in the shops or whatever but gold is good to the eye of people, but this time, bitcoin is better too because of its price and expensive secured digital currency and it is easy to use now and it is popular to other people.
Because almost all the countries have gold reserves and this shows they still believe in that element.
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 is better with many uses, not only in the transactions in the shops or whatever but gold is good to the eye of people, but this time, bitcoin is better too because of its price and expensive secured digital currency and it is easy to use now and it is popular to other people.
Bitcoins are for those who do not know the real form and they are not enough information or knowledge about bitcoin, so naturally, some people say gold is better than bitcoin. Bitcoin is like fiat money, the difference is bitcoin is you can use during transactions that don't need to pay for real money. Bitcoin is, for example, you need to pay for a large amount of money and you don't have cash with you, you can pay through bitcoin.
I think bitcoin and gold are different types of assets, for someone gold is better, for others is bitcoin, it depends on the culture, state of residence, how much one is educated in bitcoin and etc.
If compared to marketcap with gold marketcap bitcoin has not reached 1%, this is what makes gold always be the first choice of investors to menenmpatkan money, besides gold is accepted throughout the world even when the war.
In 10 years, Bitcoin went up from $1 to $10,000. Game Over
If compared to marketcap with gold marketcap bitcoin has not reached 1%, this is what makes gold always be the first choice of investors to menenmpatkan money, besides gold is accepted throughout the world even when the war.
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