[dtube] Bitcoin VS Gold: Which is the Superior Form of Money?
In this video, I'll be pitting gold against bitcoin in order to try and ascertian which is the superior form of money.
DISCLAIMER: This is NOT financial advice. I am just offering my opinions. I am not responsible for any investment decisions that you choose to make.
***I am in the process of adding many of my videos from YouTube on to DTube. Apologies for any posts that you've already seen before!
Original date of upload: September 11th, 2017
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Much easier to transfer BTC
Gold has at least 5000 years of support behind it.
Bitcoin has about 10 years and it has a few technical issues (transaction time, fees cost and price stability).
I think crypto is great and I am a hodler but it needs more time before we can make a competent decision on this one :)
From one point of view, Bitcoin is a liberal way of holding value, and Gold is conservative. A long time ago Gold was also meeting problems with trust in value because there were people that were faking gold and destabilize the value of it. In conclusion, Bitcoin is on a highway to reach trust of value between people, and one day bitcoin is going to be a conservative way of holding value, and something else liberal.
I completely agree with you! It has a lot of potential, but crypto has still a long way to go!
I will choose bitcoin base on rapid rise in value and there is high probability of appreciate more in value, I can invest all my assets on bitcoin, because i am optimistic it going to appreciate more.
Me too :)
Good post and good comparison.. As mentioned above, gold has long been valued!For that bitkoin for 10 years has surpassed on popularity gold!And this is only the beginning of the road... So I wish everyone good luck and profit!!!
Hi, Louis
Thanks for sharing this video. Related to the topic today, DigixDao (DGD) coin is the latest cryptocurrency trending on the market. It's linked to an upcoming crypto launch that is touted to be backed by physical gold. Do you have any thought on this. Thanks
I think tokenizing gold is a pretty cool idea. Maybe in the future people will physically store half of their gold and hold tokenized versions of the remaining 50%. Great blend of security there
Thanks for your quick reply. Maybe you can spend sometime to make video to explain how this work? I think the DGX is hot recently, but it seems not quite easy to understand how it works.
Regards
Gold or crypto?
Very interesting video Louis!. I think that at this moment gold is more secure because it has the confidence of almost any citizen of the world but in a few years bitcoin could replace it.
play it safe go 50/50
Gold is just still on top " good old fashion" But bitcoin is "easier" to get, sell and you can buy small amount or sell small VS gold? not so easy
Its bitcoiin for me. But love your veiw. Keep up the good post
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LL GOOD
Nice video. In my opinion i will choose bitcoin presently due to the rate at which it grows in value and awareness, more than 85% of the world is aware of bitcoin and its really promising.
The future is definitely bright for crypto currency