Why all investors need to own gold – and bitcoin – Bitcoin News
View Reddit by gamberro1 – View Source
Why all investors need to own gold – and bitcoin – Bitcoin News
View Reddit by gamberro1 – View Source
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Gold’s price is about $1800 per oz. It was $1800 per oz. almost 10 tears ago.
Bitcoin was about $6 ten years ago.
Gold is expensive to store securely. Bitcoin costs very little to store securely.
Gold is very expensive to transport securely. Bitcoin costs very little to transport, even for large amounts.
There is a lot of gold-coated tungsten in circulation. It requires special tools and knowledge to be able to spot the fake stuff. There are no counterfeit Bitcoins.
The oceans contain vast amounts of gold. It’s just a matter of time until somebody discovers an economical way to extract it. There are asteroids with unimaginably large amounts of gold… just a matter of time.
There will never be more than 21 million Bitcoins created.
You need to be an idiot to be buying gold now that Bitcoin exists.