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hexwin

Gold & Crypto

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I think they are not opposed and they have a space to work together. gold is difficult to physically store and difficult to spend because it has a whole structure. Bitcoin, on the other hand, solves all these problems easily thanks to its technology. @True legend

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My friend, you give a hypothetical, but the truth is that Bitcoin is real gold. We all have to work to produce it and keep it in order to be safe in the future because Bitcoin will be the currency of the future and will be treated like gold

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 Gold is the best way to store and the most secure, since it is a very long time ago and the market value of gold is very large, unlike cryptocurrencies that can go down and rise dramatically
Gold is more stable than dips and oil 

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4 hours ago, Al-mubin said:

I think they are not opposed and they have a space to work together. gold is difficult to physically store and difficult to spend because it has a whole structure. Bitcoin, on the other hand, solves all these problems easily thanks to its technology. @True legend

I have very low knowledge and experience about gold ,and this is because It only cryptocurrency that is familiar with us in our vicinity, gold is more expensive and it also a natural resources. @Al-mubin

Edited by True legend

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Investing in both gold and bitcoin is a good thing, and ultimately both bring a profit, but the paradox is that gold is not increasing in size and its price is slowly rising, which means that it is a long-term investment.
As for Bitcoin, its price is constantly increasing, and its number can be increased through investment, meaning that there is a rapid turnover of capital.

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Both can coexist together, and I do not really believe that gold ceases to be a very precious value despite the years that may pass, even with cryptocurrencies in the world panomara, gold will always have its value, of course it has been shown that The BTC has increased its value much more than gold in less time, but even so, people will continue to obtain for gold as a value to save their heritage, many governments do it and if ordinary people also, both would continue together in the economy world insurance.

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I would say that cryptocurrency had no government intervention and no taxes.  Failed currencies brought crypto as an alternative method of buying and selling.  When something is supported by gold or silver, it becomes a destructive IMO of a train and soon a tax is levied for its death.

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I think Gold have more domination so far around world because of its hardware presence. So cryptocurrencies and gold will keep on existing parallel. Its quite impossible to completely remove fiat gold from world.

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I don’t think crypto and gold should be against each other. I feel like they should be in tandem to keep balance in the world. Which I feel it’s gonna happen in a few years. 

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Yes the difference between gold and crypto we all know that if you don't have Internet knowledge you can not work with crypto and for gold you don't need anything to do with electricity or Internet before selling it 

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Very nice post my dear. Well both gold and crypto have good and bad sides. Gold has its stable price which sometimes change very high and sometimes get very low. But the crypto price changes an hour an hour. So there is a very big difference between them.

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I think they make a great team together, one represents the old age and the other represents the future. Gold is one of the oldest ways of preserving money and trading with it and pass it through generations, and now Bitcoin is the best way to earn money and transfer it from one place to another, so if you can combine both of them you will get the benefits of both.

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On 10/1/2019 at 9:28 PM, hexwin said:

Gold vs crypto: a false dichotomy of epic proportions

 

What do you think should crypto be against gold or maybe gold and crypto work great together?

I don't see anything wrong in using both of them as Store of Value and as payment option.

There is also several tokens backed by real gold, and this proves that it can work in real life.

 

 

Perhaps one day Bitcoin has an international impact and more credit in banks than gold. This matter is actually expected to happen in the coming days and perhaps years.

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On 10/1/2019 at 9:28 PM, hexwin said:

Gold vs crypto: a false dichotomy of epic proportions

 

What do you think should crypto be against gold or maybe gold and crypto work great together?

I don't see anything wrong in using both of them as Store of Value and as payment option.

There is also several tokens backed by real gold, and this proves that it can work in real life.

 

 

I really do not think that Bitcoin can replace gold, regardless of its circulation and value, because it is finally a fake currency, and if the Internet stops, its value is greatly lost

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I consider both as a store of value and they complement each other very well, perhaps some people are more suspicious of Bitcoin because it is not something tangible but a digital asset.
If you are a person who wants to invest, I would recommend having both assets in your portfolio, gold is a mineral that throughout history has been used to trade and will continue to exist even with the arrival of BTC.

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@hexwin @davy22 @G daddy @60serg @3_Support

I think the two is really working out to be the best thing that would happen to me and the grrowth is so much powerful than you would even think of the greatest thing that is working powerfuly so there are so many ways to which one would enjoy and find solution to it and this is one of the reason we keep on growing that effective chance

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On 10/1/2019 at 8:28 PM, hexwin said:

Gold vs crypto: a false dichotomy of epic proportions

 

What do you think should crypto be against gold or maybe gold and crypto work great together?

I don't see anything wrong in using both of them as Store of Value and as payment option.

There is also several tokens backed by real gold, and this proves that it can work in real life.

 

 

If you say so, it still a welcome idea to be paying us with gold instead of bitcoins. But to I think bitcoins is still the best for now because it has more value than gold. Beside, what is wrong with bitcoins that you are saying it to be charged? Have a nice day.

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Part of the attraction to cryptocurrency was no government interference & taxes. Failing currencies brought about crypto for an alternative way of buying & selling. Once anything gets backed by gold or silver it's a train wreck IMO, and will soon become taxed to it's death.

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You can't compare between gold and bitcoin two different think in every crisis in the world people buy gold to secure her money ,with bitcoin i think in my opinion it's the security him self.

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You don't rely on electricity for gold and you don't have to have computer knowledge to sell or buy it. You don't have to have storage for crypto or pay for a secure box. Both gold and crypto have good and bad sides.

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crypto and gold has different use. for gold you mine in actual to have a gold and also for crypto also you mine but using an electricity so they are different and crypto is digital you cannot hold

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Gold has been used since ancient times, and it swill still be used today and in future. Every country is growing is gold reserves and that is telling us something. They all know fiat system is at the end stages. Let's used both Gold and Crypto to overcome this transition

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@the gold you see working today is a key to how everything goes and this is why its important to really be good in what we are finding the right effort right is to really keep everything clean and clear the right idea is to be keen and be right in some of  thing to this we need to find we have the best thing is to work as hard and be a great user to make sure that the gold you have

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First both is demandable however I don't think the both is same. Since gold is hard however Bitcoin is simply online virtual cash. We can't take the both same like. we can utilize both however we can't distinctive between that.

First both is demandable however I don't think the both is same. Since gold is hard however Bitcoin is simply online virtual cash. We can't take the both same like. we can utilize both however we can't distinctive between that.

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As you said those two van actually work together and be a good alternative to one another for investors, gold has been proved right for a very long time in history to be an asset that never fails while since the introduction of btc,  it has also been good in the market,  so all are good. @BhenGhix What do you think

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