Gold & Crypto

[taurus27 72]

I think that it is a bad idea for me. But applause for such innovative ideas so that you can make use of your brain. Gold is more like a physical type of currency and Bitcoin is an online type of currency. So I think it is better to not get mixed up.

[ZAIN13 237]

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

 

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.

 

 

@hexwin
Gold will not be abandoned, nor will crypto be abandoned,
They only compete in the number of investors, but the two will remain for a long time as a result of people's trust in them.
As for currencies backed by gold, can you mention a few of those currencies?

[jnbezchess 1066]

Indeed, many major global investment funds, many banks, and some countries have already begun to buy Bitcoin and other cryptocurrencies as part of its reserve, along with gold and silver.

[Malik Abdullah 376]

The price of crypto is not stable everytime. The value of crypto in the market Chang day by day. But the value of gold id stable . Crypto offer lots of oprtunity to get profit from your money than gold. You can get good profit from crypto by trading.

[Cleaner 2549]

Both crypto and gold are valuable.  But I prefer crypto currency to gold.  You can invest in gold but it is not very profitable.  But investing with Bitcoin is very profitable.  However, investing with bitcoin is risky but investing with gold is not risky.  Bitcoin and gold will never work together

[Sumon21 151]

No.  Crypto and gold cannot go against each other.  Because the users of gold and crypto are different.  Crypto cannot be used like gold and gold cannot be used like crypto. Because both have different places. But they can work together.

[MK AHMAD 1134]

Both are really good but to my opinion bitcoin may have more value and benefit than other coins in the platform as cryptotalk currency is growing faster every day and the most valuable coin in Crypto is bitcoin

[muradalam837 4]

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.

[bisarkadan 0]

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.

[polobkhan 532]

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

[migeljah 537]

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

[Sam915 41]

Nope bro. You can't just compare something Crypto Currenchy  to a physical thing.gold  has a form and crypot doesn't have any form.Thus you can't just compare gold to Crypto Currenchy.THANKS

[tobom 133]

When we look at it in terms of value, some crypto coins have become much more valuable and started to attract a lot of attention. However, I think gold and cryptocurrencies are slightly different from each other.

[MoralStories 1127]

just like you I don't believe in the war fight for competition between these two things because the cryptocurrency is the financial system and gold is commodity

[Iram123 279]

My friend both are different because gold price are dependent for some time and the other side the Bitcoin is change in every hour, but in my point of view both are good..

[Ahmdoof 59]

Gold and Bitcoin, of course, are different. It is true that we can invest in them in the long term, but gold is somewhat stable, while cryptocurrency prices every day there is a change, either a rise or a decrease. We cannot compare gold to Bitcoin. This is my opinion.

[khan22 3478]

On 10/2/2019 at 8:08 PM, Glossy said:

Both gold and crypto have its good and bad sides.

For crypto you don't have to have storage or pay for safe box.

For gold you don't depend on electricity and you don't have to have computer knowledge to sell it or buy it.

Crypto is the good source for investment because in the gold we can make good money than the gold and so many peoples will invest their money in it and they are so much happy in this business.

[JesusFries 1958]

Well, bitcoin is a cryptocurrency and it has it's own value, it's good to invest bitcoin than gold because you can earned a lot of money by being volatile that's why many people are getting a huge amount of money in bitcoin and other cryptocurrency coins.

[Jack764 1841]

Now the price of Bitcoin has greatly exceeded the price of gold, but gold is famous internationally and everyone recognizes it, and it remains for Bitcoin to be recognized and it will become number one in relation to the value in the world

[Catherine Louis 34]

Gold and crypto cannot be compared as both have different properties and virtues. Gold cannot be created by humans and are not abundantly available in our earth. However cryptos like BTC are actually man made exchange objects but the value goes to gold because of it's demand.

 

[Haley 832]

Both claims a unique value in market and both of these are better investment things. Crypto is more liked because of its more volatility. Its values show more fluctuations then gold that's why it attracts more people. 

[Kibe 352]

Gold and crypto this are two different investment but gold is an item that will be at the owners possession while crypto is an investment were you need to and sell online, thanks mates you are always welcome have a nice day.

[Dang3r 103]

Cryptocurrencies maintain a correlation with gold since they are constantly compared under the concept of being a store of value, in addition to this we can find other associations between both worlds, such as the variation in the market and the uses that these can contribute to the humanity.

 

Besides, of course, they can coexist thanks to their nature

[HadiLord 926]

Perhaps there are similar properties between gold and bitcoin, especially that the two are limited in quantity in the world, and this matter makes their price constantly rise, for me I would prefer to invest and store cryptocurrencies because they are more secure and profitable.

[Rao Usama 68]

Gold is oldest currency in the world and crypto is a new concept but the difference is that gold have good reputation and people believe on the gold as currency and as a reserve also but crypto is a new currency many people  don't know about this currency and have not know the purpose of it........