Topic: Why people says gold is better? - page 77. (Read 11686 times)
Gold is rare and its resources are limited. Unlike with Bitcoin, Bitcoin seem to be unending and infinite which can make its value depreciate overtime.
Ppl say gold is better because it is physical and crypto is "something in cloud". With gold you cant miss, but with crypto you can gain a lot and really a lot more.
f you make that kind of comparison, that bitcoin could be some kind of payment tool and gold can't. simply wrong to put gold into payment tool comparison. Because what I think about gold is not a payment tool. But, gold itself is such kind of investment for the future. The rare material on earth that have value in society. not as a payment tool, but an investment. well, bitcoin is good. This coin could be used as payment tool and investment too.
It may be said that gold is still better because its unique than the bitcoin is just a virtual currency that can be true to become being lost or to hacked. But in todays generetion where the trasaction is easy and convenient there they believe.. it is in our belief or trust to who is better.
To ensure the safety of the Bitcoin ecosystem, Bitcoin Gold has implemented full replay protection and unique wallet addresses, essential features that protect users and their coins from several kinds of accidents and malicious threats.
It may be said that gold is still better because its unique than the bitcoin is just a virtual currency that can be true to become being lost or to hacked. But in todays generetion where the trasaction is easy and convenient there they believe.. it is in our belief or trust to who is better.
Lest we forgot, gold is a tangible asset/store of value and it has been known and used for as long as i can think of. I think one of the reasons people, mostly people of the older generation say gold is better is because unlike blockchain tech, gold is something they know of and are already used to. Whereas, crypto/blockchain tech requires some research or at least explanation of how things work before newbies can grasp the concept to a considerable level. For some, its much easier to stick with what they already know and feel comfortable with than to try something completely new.
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 am also a gold-seller. I feel gold is better than bitcoin as well as more stable. But anyone who wants to profit for a short period of time can choose bitcoin.
Gold is only better in the form of an asset. If we compare both Bitcoin and Gold and which is better, it doesn't mean that if one of them is easier to spend and which is accepted by stores and restaurants it is better. Bitcoin is created to be a currency that is why some stores accepting it but since it isn't widely used there still few who accept it as payment, while gold is a precious metal and a good store of value but you cannot use it directly to pay for restaurants and markets because they can not quickly check whether this is authentic or not. There are still lots of things to consider before deciding which one is better, it may be easier to use bitcoin to pay for things but gold is better when it comes to store of value. It really is the opportunity and the situation which proves one better than other.
Gold is better because it is a form of asset. Even gold are used to produce money for a country. Gold rates are used to determine the exchange rates too.
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's because those who say it still do not seem to know how to play bitcoin advantage, because by playing bitcoin increase in price can be very much with in combine play in altcoin then we can become rich.
At the moment bitcoin is way more volatile than gold. And if it were for everything to crash (including stocks), gold would increase in value while everything including bitcoin would be falling.
gold is better for investment because gold has the advantage of being safe for long-term investments. gold is different from bitcoin or altcoin because gold has a minimal risk and also can not lose.
Gold is a valuable metal, you can trade gold in every country and gold can be make into jewellery and other things, gold has been existed for a very long time and atill consider as one of the valuable things by all people, this indicates that gold is very suitable for a long term and there are not many fluctuations in gold, the rising is very stable
On my opinion, Bitcoin has a currency which is not accepted by all countries of the world. but gold is a valuable metal which is accepted all over the world. In addition bitcoin accept when it is converted into paper currency or money but gold is always anywhere acceptable. But I also agree on your opinion that, Gold is a valuable metal, you can trade gold in every country and gold can be make into jewellery and other things, gold has been existed for a very long time and atill consider as one of the valuable things by all people.
Gold is better because its value is continuously appreciating. It never depreciates. Unlike cryptocurrency which is volatile, the price may go up but there are times when it goes down. You don't have to worry if you have gold because the future value is surely higher.
They said gold is better because they dont know whta is bitcoin yet thats why they react like that .but if they know about that they said bitcoin so better
i believe gold can be better than cryptos because it is real money, it has been used for centuries while bitcoin has been born recently so it is no easy task for bitcoin to persuade people to put trust on bitcoin.
For a long time gold has had a lot of value, since it is solid and one can have it, unlike bitcoin, which is a virtual currency of the technology era but it can be invested and in a short time make a good profit since its value is very volatile
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?
Maybe other people things because they can hold the gold physically thats why they are saying that is better but if we will analyze I can say that bitcoin is better though it is digital but we can securely hold it on pur wallet at its value is indeed greater 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?
actually the value of gold is surpassed now by bitcoin so i think also that bitcoin is more better than gold because a lot of people get more money and bitcoin is more profitable than gold because the supply of bitcoin is good for a lot of people in the world.
I think some people says that because bitcoin price is changeable sometimes increase but sometimes decrease, unlike in gold the price is not change easily. But bitcoin is perfect for investment.
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