Topic: Why people says gold is better? - page 67. (Read 11686 times)
You can't but agree with the fact that gold does not lose its value for millennia.
Bitcoin is quite young and there is little trust in it, while gold is used by mankind as a currency for many centuries. But very soon values can change. Bitcoin only needs to be established in the world.
Gold is the currency that has been tested for centuries, all world currencies are backed up to it, to it there is absolute trust.
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 prices are stable while bitcoins are unstable, gold has a very small risk while bitcoin has a very high risk. Someone who does not like risk will say gold better.
People are frightened by the instability of the currency, and they can be understood.
Because the gold of the modern society is used as the reserve of the country. Gold is regarded as the basis for the distribution of modern money. This is called the gold standard system. As for why it can't be used. Because it is not the ancient society of gold. It is inconvenient to calculate and carry. And it is not good to distinguish between true and false. As for bitcoin. Digital money is born for the purpose of moving fast payment.
Because gold is a completely different thing don't compare the two
Gold wins out over cryptocurrencies when assessed on the majority of the key characteristics of money.
They say gold is better because the value of gold doesnt depricate. As time goes by, the value of gold increases.
Because gold is from our nature that it could generate naturally and gold is widely accepted by every country that bitcoin is did not and there is assurance that gold will stay permanently that also bitcoin did not. Well it might be for bitcoin when it comes to the value but the efficiency and assurance, necessity is for gold. So gold is better than bitcoin.
Because the real shape of gold is a top priority,as for its advantages can only be traded in real and have a certificate.BTC is an investment tool that can add profits in brief, gold is not so Profitable and Old process to be right.I think both have their own uniqueness. 
Because gold is from our nature that it could generate naturally and gold is widely accepted by every country that bitcoin is did not and there is assurance that gold will stay permanently that also bitcoin did not. Well it might be for bitcoin when it comes to the value but the efficiency and assurance, necessity is for gold. So gold is better than bitcoin.
gold is very good compared to others because gold has existed since ancient times until now, even gold is an asset that is defined all the time, because it is a natural deposit to every country and announced the country's funds for gold. gold is good compared to crypto, because gold is tangible and of great value to all circles. if bitcoin has high or high price and is not rich, if I say gold and bitcoin are equally valuable and have advantages and disadvantages to be both balanced.
people trust gold, because that's what they are sure, they have a lot of experience associated with gold and a minimum of risks...and the cryptocurrency is a fairly new technology and not everyone is ready to appreciate it
many people said that gold is better because of its high amount value, it is better to the real cash because gold is so useful and it is accepted in the whole world.
Gold is like a bitcoin that has a high appraisal value and you can convert or sell it to gain a real money, you can also stock it and wait for the price to increase before you sell easy and earn a lot of money.
Gold is like a bitcoin that has a high appraisal value and you can convert or sell it to gain a real money, you can also stock it and wait for the price to increase before you sell easy and earn a lot of money.
Gold is a much safer investment but it won't make you rich unless the world falls into chaos. Keep in mind that I am referring to physical Gold and not the one that's being traded online.
Gold is a valuable metal, you can trade gold in every country and gold can be make into jewellery and other things, gold has existed for a very long time but a lot of people don't know the true value of the bitcoin, they still believe that Gold has a higher value than BTC.
because gold has a very large history, it is an asset that will never depreciate, and it is recognized throughout the world. Because it is loved by women)))
People say gold is better because gold is already there at the beginning of time it was a cryptocurrency even before bitcoin. Also, if you look at bitcoin today bitcoin is evidently unstable and has been continuously decreasing and increasing in a short period of time. Plus, we are also not sure if bitcoin will continue since I heard that 8 or 9 countries already officially banned domestic transaction in their country so we don't know if bitcoin will be legalized in our country or will it be banned. I also want to add the fact that it[Bitcoin] is a cryptocurrency where a single wrong move can erase all your data and cryptomoney. Some people consider bitcoin as a scam and I don't blame them since it is actually very common and is one of the negative effects of the internet ( We can't really blame people wanting to hack our account or for being selfish cause come on its money! maybe their family needs it.and bitcoin is kinda intimidating so it attracts hackers and scammers especially now that bitcoin is making his own name in this industry).
indeed many people say that gold is more expensive, maybe it's because the price is stable from every year and public confidence about gold as a tool for transactions or to invest
I think the reason why other people says gold is better because it is given. Also, it has a very good value that they enjoy and serves as their source of income. People says gold is better because some of them don't know what bitcoin truly is. But for me, not only gold is the source of income but also bitcoin.
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