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RE: Gold VS Bitcoin – Is there a difference?
There's gold in them that hills! Gold is physical and known around the world as a medium of exchange from one's hand to another. CrYpTo is too but less known with a bit more steps in between from the owner to the user but not difficult just different. The difference for me is "in hand" and an older history with gold. I do like CrYpTO's though as they are planting some very strong roots.
I wrote this article three times, each time trying to simplify because in my research I came to realize that gold is not nearly as useful as bitcoin etc. Plus to buy significant amounts of gold is beyond most people, which is where crypto comes in.
Oh, I agree although I think that gold holds a special place in peoples hearts. For some just being a physical asset that one can hold in their hand and control is all there is to it but lets face it CrYpTo's are the future whether a good thing or bad. Gold has been manipulated and held down in pricing for decades and true gold bugs know this as the very same entities who smash the price and tell you not to buy it do just the opposite. I'm glad CrYpTo's have come along to let those people know that there's another choice out there for common folk to park there $ and actually thrive. Let's hope it stays this way. I still say buy metals with some of the profits one makes off CrYpTO's for the ultimate hedge...............
I agree, if I had the resources I'd buy gold to keep my savings stable and crypto as an investment. But I'd only invest in crypto what I could actually afford to lose.