I can't really agree with this since both assets are usually bought for completely different reasons.
No one buys gold to exchange it on the short term for anything else.
Gold is a long-term asset you usually buy due to the stability of the market.
The market of bitcoins is growing strongly but no one can tell you how it will look like in a year or even a month.
RE: Why Gold lovers can't understand that Bitcoin is better for digital age?
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Why Gold lovers can't understand that Bitcoin is better for digital age?
Nice you can't agree. I like to discuss. Actually, gold is as speculative as Bitcoin though it is regarded as safe heaven. Of course governments and very rich people (billionaires) are holding gold as hedge but real wealth comes from speculation and gold is involved here as nay other asset. Now to buy gold is not a very good idea as prices very likely will go down. It is not at bottom, so you must wait and wait again to sell in bubble. With Bitcoin we have much more potential as was shown by its trading history (only 8 years from zero to ~5000). In long term BTC has much more to offer than gold has if you are ordinary man.
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Like I said, yes you can await a 100% or 1000% gain in a few years, but you can also await a 90% loss, as for now nothing is sure. Sure gold involves a lot of speculation but still, in 100 years from now (if they don't discover a lot of gold on mars) gold won't have changed much, while bitcoin might not even exist anymore
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