Is Bitcoin Superior to gold as a hedge against inflation? 100% original work.

in #bitcoin7 years ago

coindesk-bpi-chart-2-2-728x364.png
picture source https://www.coindesk.com
Many investors see Bitcoin as a better safe haven asset and store of value than gold in several aspects. Bitcoin is the latest money to offer Gold's long-standing capabilities plus some other unique benefits. Gold is currently used as a store of wealth and Bitcoin is used to make massive profit in the long term Bitcoin continues to rise. Gold is definitely a save asset that you can always hold in your hands yet cryptocurrency you never get to touch or feel yeah there is a massive amount of investors in stock Traders pouring money into Bitcoin like Mad Men. Using other people's money on something that still needs to be tested. The success of Bitcoin and cryptocurrencies is the willingness of investors to engage. I still see personally gold is King, there are many people worldwide currently selling off all their gold to jump into the Bitcoin in cryptocurrency space which is highly volatile also giving away hard assets into hopes of striking rich on bitcoin. I'm not bringing down Bitcoin by any means because what I'm doing is making money off of Bitcoin and turning it into hard assets from all the profits of making off of Bitcoin just in case something happens because like I mentioned before cryptocurrency markets are very volatile you can be Filthy Rich one day and totally broke the next so gold intangible assets will always be king. Thank you for reading my post I hope you enjoyed it tell me what you think in the comments below and don't forget to check out #whalepower community.pixlr_20170628235641969_20170729001902473_20170730160029590.jpg

https://steemit.com/whalepower/@bullionstackers/whalepower-why-manual-curation-is-much-better-because-we-read-in-curating
Vote Resteem Thank You Steem On!

Sort:  

Gold is the safest and more mainstream but bitcoin is more high reward for sure.

yes without a doubt cryptocurrency brings much more reward but all I'm saying by my post is cryptocurrency is really buy gold and silver is just for safety reasons I would still buy gold and silver at its low price you never know and thank you for checking out my post thank you for your vote

I want to get some gold and silver for the apocalypse, but I don't see them going up 1000% or more like bitcoin and other crypto.

yeah that's very true but you can always be safe and purchase it anyways just in case cuz after all cryptocurrency is not a tangible asset.

Coin Marketplace

STEEM 0.21
TRX 0.13
JST 0.030
BTC 66750.09
ETH 3474.88
USDT 1.00
SBD 2.80