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❕NEWS Bitcoin is better gold than gold itself says Winklevoss

Josemendez

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The co-founder of the Gemini crypto exchange , Winklevoss believes that Bitcoin beats gold at its own game.
On September 21 , he tweeted the following , " Bitcoin is better at being gold than gold and not just incrementally, but by an order of magnitude or 10X better,"

What do you think of this claim considering the present challenges with Bitcoin
 
The co-founder of the Gemini crypto exchange , Winklevoss believes that Bitcoin beats gold at its own game.
On September 21 , he tweeted the following , " Bitcoin is better at being gold than gold and not just incrementally, but by an order of magnitude or 10X better,"

What do you think of this claim considering the present challenges with Bitcoin
Bitcoin has shown that this statement is true with it's recent bull run.

Sadly, it seems to be going down now. This volatility will make the holders of gold happy since they don't have to deal with it.
 
Bitcoin has shown that this statement is true with it's recent bull run.

Sadly, it seems to be going down now. This volatility will make the holders of gold happy since they don't have to deal with it.
Bitcoin is already far ahead of gold in terms of price and the fact that bitcoin is fluctuating negatively doesn't mean it not gonna shoot up.
 
When it comes to high investment options I think the two are almost same because these two are really competiting favorable now. So the two for me are better options
 
If I have money I will Invest in both gold and bitcoin because in business you just have to find alternative in case of any eventualities .
 
Well I think time will prove this assertion right or wrong. Gold has been with man since centuries ago but Bitcoin is less than 2 decades old. Bitcoin also has a limited supply when compared to gold.
 
I think prefer gold than bitcoin, because gold is more profit but I know bitcoin the price is appreciate everyday and it has a great income too, but gold is more profitable.
 
I think prefer gold than bitcoin, because gold is more profit but I know bitcoin the price is appreciate everyday and it has a great income too, but gold is more profitable.
Furthermore, it must be said that gold has always existed.
As for cryptocurrencies that are new thing, however they could have uncertainties about their permanence in the future.
 
Furthermore, it must be said that gold has always existed.
As for cryptocurrencies that are new thing, however they could have uncertainties about their permanence in the future.
That is another credible reason and why it is not so easy to convince the older generation about bitcoin. They have more faith in gold that has been with us for longer and tangible at that.
 
That is another credible reason and why it is not so easy to convince the older generation about bitcoin. They have more faith in gold that has been with us for longer and tangible at that.
Yes I agree. It would take many years and assuming crypto things go well, to change the minds of people of the "old" generation.

Sorry I if I ask you this
Your profile picture here, is it your real face?
Thank you and forgive me.
 
Yes I agree. It would take many years and assuming crypto things go well, to change the minds of people of the "old" generation.

Sorry I if I ask you this
Your profile picture here, is it your real face?
Thank you and forgive me.
??? no offence taken mate. I guess you haven't taken the time to watch 'Game of Thrones'. That is the picture of one of my favourite characters there. He had some really wise lines in his act.
 
They can neither replace each other because they serve different purposes, it is possible that at some times one may outshine the other, when there is bullish market many prefer bitcoin to gold likewise the reverse.
 
Gold is better in terms of security.. since it's a physical object of value. Investment wise.. Bitcoin is better since it's volatile you can buy and sell
 
Gold is better in terms of security.. since it's a physical object of value. Investment wise.. Bitcoin is better since it's volatile you can buy and sell
Gold is also volatile though the level of volatility is not up to that of bitcoin , personally I also prefer gold because it is regulated and more secure investment
 
There's been a lot of debate about how bitcoin compares to gold as a safe-haven asset, but one firm predicts that bitcoin won't replace gold.
I think Bitcoin is now thriving more interms of innovation and others ,the only part that might seem hard for Bitcoin to replace gold , is the physicality of gold which Bitcoin dosent have
 
I think Bitcoin is now thriving more interms of innovation and others ,the only part that might seem hard for Bitcoin to replace gold , is the physicality of gold which Bitcoin dosent have
That is true and if you check most people don't put their life savings into bitcoin investment but people put reasonable or substantial amount of money into gold investment just because of physical security.
 
It's certain that Bitcoin maybe more expensive per unit when compared to gold but Bitcoin won't replace gold. Gold has been a standard for generations now and won't be affected by any technology.
 
It's certain that Bitcoin maybe more expensive per unit when compared to gold but Bitcoin won't replace gold. Gold has been a standard for generations now and won't be affected by any technology.
It can be affected and it has even been affected by the presence of cryptocurrencies because the patronage has reduced but certainly it can't be replaced.
 

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