Depends on how long you plan to hold it. Physical gold certainly seems like a secure investment, but you need to hold it for a while to make it worth the trouble of buying/selling/shipping. I trust paper gold less than I trust Bitcoin.
That works. Its limited in a lot of ways but its certainly safer. Will it hold value relative to Bitcoin? Guess we'll see
You know it was illegal to hold gold in the US for 40 years right?
Yeah? Gonna just chip off a few pieces of your gold bar to hand over to someone for your anon transaction?..
They’re just coping. They’ve been beagling for years meanwhile BTC and eth has gone up up up
BTC and the rest are entirely different. Bitcoin is 0 to 1, the rest are grifts off of that almost exclusively created to fleece naive investors. If you create a 'coin' from nothing, premine 70% of it (ETH) and sell it to 'investors' (70% of pre-mined ETH was sold for Bitcoin) that is not the same as what Bitcoin did. All of these other coins are just scams of various types and will end up being illegal as more people understand what they are, how they work, and why they were created.
Gold is a provably scarce rock that people agree has value. Bitcoin is a provably scarce entry on a decentralized ledger that cannot be faked or controlled. It allows for effectively instant transaction across cross the world without trust being required between transacting parties. I would argue there is nothing speculative about the value that Bitcoin provides if you actually understand what it is and the problems it solves.
Not sure I’m sold on your premise. Eth has other utilities than just as a digital currency. I’m a software engineer so maybe I just look at it from a different perspective. The utility of smart contracts and the like intrigues me.
