BITCOIN VS GOLD
Bitcoin vs Gold
Bitcoin is known as the digital gold, but if you had invested $10.000 in gold back in 2010 you now would have lost money.
But on the other hand, if you decided to invest the same amount in bitcoin, then now you were swimming in your money.
True
Only if had a time machine..
I remember doing a kitchen remodel and the guy we were doing work for read in the paper "bitcoin 30 dollars you guys ever heard of that?" We all wish we could get that 10 cent - 1$ bitcoin but if I could just go back and get a chance to buy bitcoin at 30$ ide be happy. When you get your flux capacitor ready let me know.
Too Bad. I didn't invested it at either of them
Very true, if all the contracts for gold were called in there would not be enough physical to return to the contract owners, rehypothicated collateral. Its like total price manipulation for gold, btc is truth.
This reminds me of someone I was talking to on a discord the other day, seemed very anti-cryptocurrencies and kept flat out saying that they would be banned eventually and that their only use is drugs.
This person kept going on how buying gold was so much better and if they had loads of money they would invest it all into gold.
I honestly couldn't believe the sheer ignorance, I was polite and shared links to how bitcoin (that is what we were talking about at the time) is used very much legally and by a lot of people. Needless to say this person is the type that once they have a stance, they stick to it regardless.
It's nice to be amongst people who get it, or are willing to learn.
Historically gold has been a pretty poor investment, historically bitcoin has been one of the best returns, ever. I know which one I prefer.