Has BTC really become more attractive than gold?

[Wiwo]

     -     Actually, they are equally attractive to investors, and probably the other investors, when there is a bear market and they are long-term holders, will surely use that for the benefits of their capital.

In fact, when the bull run ends, the investors who buy just wait and wait; that's what they always do, especially if we save.

For ease of privacy and security investors find bitcoin more attractive than gold, but in the traditional world many investors still believe in gold as a sustainable investments that is without tax like bitcoin, which is not true in reality and for smart investors we see bitcoin in a more lighter note than gold since aside from the privacy of asset ownership and ease in accessibility to bitcoin more than as it is to gold.

This and many more features make bitcoin a better choice than gold, only when you talk about longevity and old asset then you can refer to gold but not as contemporary assets that caught accross multiple chain and network.

[Jamal Aezaz]

Bitcoin is a really convenient asset to buy and hold compared to gold. However, I think it's a bit early to compare Bitcoin and gold because many countries still prefer to buy gold as a protective asset, especially during geopolitical tensions. In principle, BTC could become a widely accepted protective asset, but this is likely to be a long way off.

Gold is also convenient to buy and hold like that of Bitcoin but due to the large profit of bitcoin people are accepting Bitcoin rapidly but it does not mean that they are thinking gold as a less valuable asset. Both gold and Bitcoin have their own uses and I think if we stop to compare Bitcoin with gold then we can get good revenue from both of them by accepting the good uses of both.

Gold is acceptable everywhere and one can invest in gold without any stress of elimination as well as without facing any strict rules of government but Bitcoin is not acceptable by every country. Soon it will be accepted because its success is huge and unavoidable so choose both if you can afford it.

[KryptoBull]

Bitcoin is more popular than gold to the current generation. And there are many reasons behind the popularity. There are many who may think Bitcoin as a medium of exchange and as a trading tool. Any amount of money can be paid through Bitcoin but cannot be transacted with gold. Moreover Bitcoin is very easy to carry which is not easy in case of gold. Gold has been arrived long ago and it's journey has started since its inception (2450 B.C) while Bitcoin's journey has only just begun. it has already managed to attract the attention of investors. Gold can be found in various mines which have no fixed amount whereas Bitcoin has a limited supply due to which the price of Bitcoin will continue to increase. So it is at the peak of popularity for everywhere.

This is exactly what I want to say!

BTC may still be smaller than gold in terms of marketcap and global acceptance, but BTC is growing rapidly and becoming a very popular new asset class. BTC is mentioned at conferences by presidential candidates and congressmen, BTC is mentioned in the parliaments of many governments, which is something that gold can no longer do at present.

I really hope that young people will approach BTC in a slow and steady way to be ready to invest in BTC when they receive inherited assets in the future. That will be an important transfer between generations in families and asset classes in the economy.

[silkytakyaan86]

If I have to compare the two, I will definitely choose the bitcoin because It is not that gold is not right, it is also right in its place. But for every crypto lover, attraction towards bitcoin is a possibility.

[bitbit97]

Bitcoin is a really convenient asset to buy and hold compared to gold. However, I think it's a bit early to compare Bitcoin and gold because many countries still prefer to buy gold as a protective asset, especially during geopolitical tensions. In principle, BTC could become a widely accepted protective asset, but this is likely to be a long way off.

Gold is also convenient to buy and hold like that of Bitcoin but due to the large profit of bitcoin people are accepting Bitcoin rapidly but it does not mean that they are thinking gold as a less valuable asset. Both gold and Bitcoin have their own uses and I think if we stop to compare Bitcoin with gold then we can get good revenue from both of them by accepting the good uses of both.

Gold is acceptable everywhere and one can invest in gold without any stress of elimination as well as without facing any strict rules of government but Bitcoin is not acceptable by every country. Soon it will be accepted because its success is huge and unavoidable so choose both if you can afford it.

I would disagree that it is convenient to buy and hold hold, like it is with Bitcoin. You can buy it in few minutes and the exact amount you want. You can buy gold on exchanges and trade it, but that will be only virtual numbers. You cant but exactly, lets say 202g of gold. You will either buy 2 100g golden bars, sealed in plastic wrapping, or have a 202g of gold in jewelry, and the weight of your gold will decrease after smelting.

[Trongduy]

1. Keep in mind that you don't have to choose between BTC and gold; you can invest in both if you have the resources. It's also worth mentioning that you don't need to buy physical gold bars to invest in gold. There are other options, such as gold ETFs, gold stocks, or simply buying jewelry.

2. Gold will appeal more to investors who prefer less volatile assets and are content with smaller profits over the long term. BTC, on the other hand, is volatile and can yield bigger profits, but its price can also fall. Remember, you only incur a loss if you sell at a lower price than you bought.

3. I have no idea and actually i don't care about that

[KryptoBull]

If I have to compare the two, I will definitely choose the bitcoin because It is not that gold is not right, it is also right in its place. But for every crypto lover, attraction towards bitcoin is a possibility.

For young people and crypto investors, it's easy to make a decision because we understand the value of BTC, we know how to create accounts and store private keys, we monitor the crypto market daily and understand the opportunities that BTC can bring to holders. I hope this will gradually become true for the older generation of investors and we will have more new money flowing into this market in the future.

Gold still has its own place in the economy as the best reserve asset for thousands of years, but BTC is rising strongly. I also believe that we will talk about this topic many more times in the future, especially when BTC's marketcap surpasses that of gold.