The difference between Gold and Bitcoin.

in #bitcoin7 years ago

Let's take a brief look at the difference between Gold and Bitcoin.

There is one big difference between gold and Bitcoin as an investment – gold has been a treasured commodity for a very long time, while Bitcoin does not have the same track record.

Even though Bitcoin is undergoing some vast changes with the hard fork this is positive and will be an advantage in the long term. Bitcoin will drop due to the confusion and panic strategy of buying in at the higher value - hence selling out and therefore the drop in short term value.

Gold however will retain its value and for the long haul will be a safer way to hedge fiat currency.
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Here is something that both currencies share:

Gold and Bitcoin Common Facts.

Gold and Bitcoin are also similar because they are independent currencies which no government can control, which you can carry around, and get value for it in any territory. So ask yourself the question...Why not Gold?

Why Gold as the oldest currency is still in play:

Gold has been around for a long time, has been traded with extensively, and has had a recongnized value for 5,000 years.
It is a known fact that Gold in today's age will always succeed fiat currency and will always be more valuable.

Gold has therefore established itself, while Bitcoin is yet to do the same.
Time will tell and personally, I think the outcome on both will be POSITIVE.

Acquire both and not just one.

Why Gold now?

Gold is the oldest currency while Bitcoin is fairly new it is advisable to attain Gold moving into a mass global fiat crash which is closer than we would like to imagine.

Money vs Currency - Hidden Secrets Of Money.

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