Topic: Why people says gold is better? - page 81. (Read 11686 times)
Perhaps some people are saying that because gold is tangible as compared to bitcoin. “To see is to believe”—that’s what they say. But that implies that they miss the point of the value of bitcoin that it is fluid, just like money.
coz gold not really fluctuative . and bitcoin it is
you buy at 15k then later at 7k . so its a risk . but the profit its crazy too .
you buy at 15k then later at 7k . so its a risk . but the profit its crazy too .
People think gold is better because it has been around for long it is proven and tested that gold is a good investment and even bitcoin already surpass the value of gold the credibility that gold gives is higher than crypto as of the moment. That is why there are still a lot of people who prefer to invest in gold than bitcoin.
If we compared to gold of course now bitcoin still lost, I'm sure almost 100% people know gold and receive gold, while not more than 1% people know and use bitcoin so everyone says that gold is the best.
I think the reason why people says that gold is better than bitcoin is because gold is tangible, physical and precious that has been around for several yeras. Also they trust gold more than bitcoin.
A lot of people prefer gold because they think it has stable value and can be accepted anywhere. It is true that you can sell your gold in many places and in every country but you can't pay directly with it in most places. Bitcoin adoption is still low but more and more shops start to accept Bitcoin as a payment. Most of them are online shops due to long confirmations. I can't wait to see how normal shops will accept BTC after introduction of the Lightning Network.
People, generally older folks who don't understand technology think gold is a better investment. You can't really blame them since gold still is and always will be a store of value until Humans are no longer here on Earth. It is rare, precious and has other uses. It has been used as money since the dawn of recorded history. This won't change. However, if older people knew how Blockchain and Bitcoin works, they would be all for it. It's just hard to teach an old dog new tricks, as they say. 
Because bitcoin is not stable price it is a digital currency and btc is not accepted in other restaurant,store but the gold is having the years is fast the value is growing higher and wherever the gold is accepted.
First and most important, gold has a shape and can be seen directly, while bitcoin is not. Secondly, nobody may accept gold as a means of payment, and some receive bills with bitcoins, but gold is accepted all over the world for bitcoin not. There are still many countries that resist bitcoin and that is what makes gold better than bitcoin.
why gold is better than others, because the value of the price is quite stable and standard when compared with the bitcoin that sometimes up and down the price is very unstable,
They say gold is better than bitcoin because the gold value is very stable, unlike the bitcoin whose value is always changing every time.
gold can not be used as a means of payment, because it is very difficult to make it in a small nominal, basically the main function of gold is as an investment. bitcoin and gold have their own advantages and disadvantages, both of which complement each other.
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?
In actual few part of the population of this world are having still a traditional thinking and only believing in those things which they are looking physically and also having fully safety to have in practical life , so they are having believe in gold like physical assets instead of virtual assets .Here even in my friend circle people always trying to say me indirectly that bitcoin is a way of scam and it cannot be more better than gold , while they are Seeing that what I am making with bitcoin but still they are all not in my favour that bitcoin is much better than any another asset .
People are frightened by the instability of the currency, and they can be understood. Also, people love physical presence of value.
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?
very effective information. which countries accept bitcoin there bitcoin is better than gold, which countries don't accept bitcoin there gold is better than 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?
In actual few part of the population of this world are having still a traditional thinking and only believing in those things which they are looking physically and also having fully safety to have in practical life , so they are having believe in gold like physical assets instead of virtual assets .Here even in my friend circle people always trying to say me indirectly that bitcoin is a way of scam and it cannot be more better than gold , while they are Seeing that what I am making with bitcoin but still they are all not in my favour that bitcoin is much better than any another asset .
in my country, gold is still very valuable, I believe in other countries are the same, most of the people in our country are not familiar with bitcoin, and fluctuations in gold prices worldwide are stable, reasonable if considered better, people are much more secure about investing in gold than bitcoin, plus our country does not legalize bitcoin as a means of payment, so most people think that bitcoin is a forbidden item.
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
Who says gold is not good. Yes I think everybody will agree that gold is good but if you are comparing it with bitcoin then it’s something that has no logic’s think there is difference between gold and bitcoin. Gold is good in case if someone wants to reserve ones assets that will not generate a decent profit but bitcoin is a type of business which not only restores your money but also give a decent amount of profit.But this happens only at this stage, while it is profitable for certain financial groups ...
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 there are some governments who say bitcoin is illegal.it may affect people's interest in bitcoin, especially those who stay where bitcoin positions are illegal. Because they choose to play safe in investing. By diverting them to gold. maybe that's why they say gold is better than bitcoin. I.
Gold wins out over cryptocurrencies when assessed on the majority of the key characteristics of money, according to Goldman Sachs Group Inc., which adds that fear and wealth are the core drivers of bullion.
“Precious metals remain a relevant asset class in modern portfolios, despite their lack of yield,” analysts including Jeffrey Currie and Michael Hinds wrote. “They are neither a historic accident or a relic.” Looking at properties such as durability and intrinsic value, they are still relevant even with new materials discovered and new assets emerging, such as cryptocurrencies
“Precious metals remain a relevant asset class in modern portfolios, despite their lack of yield,” analysts including Jeffrey Currie and Michael Hinds wrote. “They are neither a historic accident or a relic.” Looking at properties such as durability and intrinsic value, they are still relevant even with new materials discovered and new assets emerging, such as cryptocurrencies
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