Bitcoin vs Gold

in #bitcoin7 years ago

bitcoin vs gold.jpgImagine that you have $100,000 at your disposal. You must spend all of it on either bitcoin or gold – no mixing and matching – and the assets will then be stored in a trust that cannot be accessed again for 50 years.

Which option would you choose?

With the two commodities now in roughly the same price range, it's worth putting aside some of bitcoin's short-term volatility and liquidity concerns to compare them as long-term stores of value side by side.

Sure, you might argue bitcoin is newer and flashier, and that it has arguably more utility in the digital era than gold. But, gold has the indisputable track record, having been a cherished store of value for thousands of years across human civilizations.

However, bitcoin's traits have led to those backing the cryptocurrency to believe it could potentially unseat gold over the long haul.

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Of coruse will be bitcoin. Like what just happen in last few years it goes up like rocket from earlier 2016 till now already grew up 10 times... it' just on 2 years ... so could u emagine if the price now is $4000 in 50 years it could be 250 times bigger than what you holding first so it will be $ 250.000.000 ...

Yes i agree but we can see a good change in gold also. It will also increase but not like as bitcoin @davean

Yuo it increase but too slow and it's bit hard to trade them ... and in gold hard to get a cheap price .... but both is the same long term investment things.

@daveandrean yes it's a bit slow but a good way of investment for those who dont know about cryptocurrencies.

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