I am lucky ali welcome you guys on my blog. In order to increase our earned capital, We invest and should also do so. Extra money should be used properly. But ever since the Bitcoin was highlighted, It has changed the attitudes of the people. Just as people are understanding about bitcoin, in the same way people are now liking bitcoin. But here we learn in details about both gold and bitcoin. Bitcoin also called as a digital gold. So let's see it is true or not.

Bitcoin And Gold History

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Gold has a history since mankind became civilized. It is a natural metal and also very valuable.The sparkle of gold and its color have been captivating the mind of peoples and due to this it is extremely valuable. And many people using it as a currency and still using in many areas. If we talk about modern era then right now many countries holding gold. The country that has as much gold as it is powerful. And right now United states is the best example for you. United state dollar is powerful because of gold. So now you can understand that how much gold is important.

If we talk about bitcoin then it has started 10 years ago. Satoshi nakamoto is the founder of bitcoin and he is belongs to japan. 2009 is the year when bitcoin started. Because it is new than gold, Many people don't know about it that's why it is not mainstream yet like gold. But bitcoin was touch it's all time high 20k dollar and get the attention from the all over the world.

Marketing of Bitcoin and Gold

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Now let's talk about marketing of both.The promotion of gold has been done in such a way that it has been printed in the mind of the smallest person that gold means very precious thing. Religions is also main promoter of gold that's why people using gold even in marriage. Giving Gold chain and gold ring is necessary to complete the engagement and marriage. As well as government is the main factor in promoting of bitcoin.

But in bitcoin case many government are against of bitcoin. And they are just saying that bitcoin is used in terrorist activity and it will the end the fiat currency and banks etc. But in reality bitcoin and crypto currency giving freedom to people because it is decentralised. And it is transparent as well. So if someone do fraudulent activity, it will be caught immediately. But now exchanges started doing marketing of bitcoin and many organisations are involving in bitcoin. Even many country regulating it because they know that we can't stop the bitcoin and crypto. Because it is technology. And world must accept it it to grow.

Quality Test

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If we talk about this matter then here is bitcoin is better than gold. Because in gold you can see many criteria like 24,18 and 22 carat. And you know that here we are depended on only Jeweller. Many Illiterate people are To be deceived by jeweller. And this is serious crime that happening in gold. Many time they get fake and duplicate gold.

But not in bitcoin case because if you have bought one bitcoin then it's value is remain one bitcoin and There is no doubt. So you are saving yourself from the drama of 22 carat, 18 carat and 24 carat and one of the most important here you will not get fake bitcoin because as i said, one bitcoin is equal to one bitcoin you will not get low value bitcoin here because bitcoin has no criteria like this.

Purchase Limits

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In the gold, there is limit of purchase in minimum.You must purchase at least 0.50 gram gold but in bitcoin there are satoshis. Satoshi is the small form of bitcoin which is useful for measurement for less than 1 BTC. In bitcoin you can even purchase 0.0000001 bitcoin which is called 1 satoshi. So here bitcoin is winning.

Also there are lots of factors that we need to see in gold vs bitcoin matter. In fact, bitcoin is called digital gold by experts after checking many factors. Bitcoin and crypto currency is a technology. Here is statements by famous people that will measure the importance of bitcoin.

Bill Gates-

Co-founder of Microsoft, investor and philanthropist

“Bitcoin is exciting because it shows how cheap it can be. Bitcoin is better than currency in that you don’t have to be physically in the same place and, of course, for large transactions, currency can get pretty inconvenient.”

Nassim Taleb

Statistician, former trader and risk analyst
“Bitcoin is the beginning of something great: a currency without a government, something necessary and imperative. But I am not familiar with the specific product to assert whether it is the best potential setup. And we need a long time to establish confidence.”

eter Diamandis

Founder and chairman of the X Prize Foundation

“At its core, bitcoin is a smart currency, designed by very forward-thinking engineers. It eliminates the need for banks, gets rid of credit card fees, currency exchange fees, money transfer fees, and reduces the need for lawyers in transitions… all good things.”

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