Topic: Why people says gold is better? - page 73. (Read 11686 times)
I think both are amazing if have both. But for me Bitcoin can surpass the gold because of its other capabilities than the gold doesn't have. Like using for payment, bills or trading virtually and other stuff. Imagine if you will carry a gold to pay a bill. So I think Bitcoin is better than Gold in the aspect of service.
Gold is better contingent upon what is the circumstance of the world right now we are on virtual age and the ascent of innovation, for example BTC is great right now however in the event that there was a world war and having web would minimal thing than you need then gold would surpass in this circumstance.
Investing in gold is good but I think bitcoin is better, and for people who say gold is better maybe they knows a little bit of information about bitcoin.
I do think people say that gold is better because gold doesn't change in value as quick as bitcoin is. It has a consistent price in the market for a long time compare to bitcoin that pumps and dumps in a day.
Everyone has his own opinion and my opinion is different the any other people who think gold is better than bitcoin I try gold so many time but it always give me lose so I don’t think so gold is better than bitcoin because whenever I buy bitcoin so it always give me profit and whenever I buy gold and I keep them on hold so it always give me lose so that’s what I believe I will prefer bitcoin on gold because gold is just a valuable piece of Mattel.
It is only base on my opinion, well I think that people says that gold is better because as we all know as of now golds are goes fewer unlike in the past, because in this era it's hard to find a gold that's why it is so very valuable to other people and I think that it is reason why other people says that gold is 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?
You have just said it all. I guess there are two reasons why people still believe that bitcoin is gold is better than bitcoin. First among them is longevity of gold compared to bitcoin. Because of this, it has gained acceptability and popular.
The second is legality. Gold is legal worldwide while bitcoin is prohibited by many government of nations.
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?
Disagree with this. I think that benz bitcoin is no better than gold, gold is also no better than bitcoin but both are better than paper money of course. Bitcoin excels with its transaction system but there is no "real value" like gold, in extreme conditions
bitcoin is s a lot better. the capital growth for bitcoin is far higher 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?
Perhaps it is because of the fact that gold has long been part in mankind's system. To every important occasion such as wedding and so on, gold seems to be there all the time. Therefore, gold has been a part of important things for too long, thus people giving value to it too much despite the fact that it is mostly for accessorizing.
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 answer is very obvious, Gold is not a currency, It is an asset. Gold is not obtainable everywhere , Only those who are working to mine gold are able to earn it while bitcoins can be earned online and it is very profitable since it is a digital currency, You can hold and exchange it anytime to fiat when the value in the market already increase.
You are quite right about Gold that it just being an asset that form of physical which not meant to use to increase our investment and not capable to pay directly into a restaurant or any store. But if I were the owner of a store or any restaurant and somebody paying me a gold, I accept it with no doubt because I fully know gold has a good value which you can able to sell it anytime and it might be have more valuable the more years passed.
Those people find gold more trusted against bitcoin, that's why they say gold is better. But they forget one point which gold doesn't generate profits like bitcoin does. This is an important point not to miss!
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?
Some people think that gold is better than bitcoin because they are traditionaly aware about the price of gold and has no or limited knowledge on cryptocurrency. I think that bitcoin is better than gold as what i thought it was but people are aware about the volatiliry of cryptocurrency that is why they say that gold is better than bitcoin.
Because it can be touched. But bitcoin will definitely bring more gold)))
simple answer, gold can be saved besides can also be used, in addition to gold can also be invested and with the hope that gold prices will rise.
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?
Its because gold is easy to change and no fees, yes its true that gold cant use to pay bills but if you change it in peso i think it has higher value than bitcoin and the value of gold is stable. Bitcoin is not yet so popular so many people wants gold.
Gold is better than bitcoin due to the fact that it is tangible and universally accepted as highly valuable. Bitcoin on the otherhand is better than gold because of its convenience to use as a mode of exchange. The two can't be directly compared as which is better since bitcoin is intangible while gold is tangible.
Because gold is not an asset it is a useful product. Gold also increase in it's price day to day. That's why people will tell gold is better.
Gold has been the standard currency since the beginning of time. Paper money and shares of stock would be rendered useless in times of war. In ELE or Extinction Level Events, even bitcoin would be useless. Have you seen Doomsday Preppers? Gold is the standard.
I agree. Gold has been a priced commodity for thousands of years, and many, if not all people in the world knows the value and how valuable gold is. It is also a standard commodity that doesn't change much in price, unlike other assets like bitcoin that are constantly changing, and at a very volatile manner at that. Also, more people are quite comfortable with having and using gold as an asset because they have been accustomed with it instead of using bitcoins, which is a very new currency.
Because gold has already a value many many years ago and all the people knows that gold is the best treasure to hold. But today its too risky to obtain gold, you will have to risk everything even your life just by digging and mining some gold bars, unlike bitcoin, we can have it online anytime we want. I hope someday, all people will learn more about bitcoin and stop dreaming about having gold bars for them to get rich.
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 answer is very obvious, Gold is not a currency, It is an asset. Gold is not obtainable everywhere , Only those who are working to mine gold are able to earn it while bitcoins can be earned online and it is very profitable since it is a digital currency, You can hold and exchange it anytime to fiat when the value in the market already increase.
You are quite right about Gold that it just being an asset that form of physical which not meant to use to increase our investment and not capable to pay directly into a restaurant or any store. But if I were the owner of a store or any restaurant and somebody paying me a gold, I accept it with no doubt because I fully know gold has a good value which you can able to sell it anytime and it might be have more valuable the more years passed.
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?
It is more difficult to find gold than BTC. It is easier to use BTC than gold. The world is more technological now. Though gold has kept its value for sometime, dealing in gold requires technical expertise to identify fake and real gold. You don't have to know whether or not BTC is fake,plus You can learn about BTC on your own. Dealing in gold could be very tedious and "bulky". I personally don't think gold is better Jump to: