Bitcoin Vs. Gold | Why There's Room For Both

in #threespeak โ€ข 5 years ago (edited)

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You definitely need both to have financial freedom.Gold and Bitcoin support each other in the same fight against the government's monetary irresponsibility.

When Recession hits and there are negative yielding bonds people look for hedge funds to safeguard their wealth . There are 2 options
1.Bitcoin
2.Gold
The traditional people would race towards gold
The Risk takers would choose Bitcoin.
I prefer Bitcoin Over Gold

I prefer Bitcoin over Gold when I am looking for growth. But to hold for a safe investment during hard time, Gold has upper hand. Gold is hard, liquid asset which has been there for years and years. Bitcoin and crypto are new currency and will take time to stabilize.

Nice bro ๐Ÿ‘ I love this ๐Ÿ™Œ๐Ÿ’ฏ

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Spot on. There is definitely room for both Bitcoin and Gold. Both are great hedges against fiat inflation and inevitable crash. Holding both is a smart idea and has been a great time to add to your portfolio this year.

While Gold has a long history behind it, do not under estimate human nature to innovate and desire for change from traditional systems and stores of value. It's not unreasonable to want a fair system with low fee's to transact.

This is where Bitcoin comes in and and why we should all choose to hedgewithcrypto.

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Except golds is stable and Bitcoin isn't. Unless something is done about it BTC does not have a future. But can something even be done about it?