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Gold vs. Bitcoin: the Better Long-term Investment

Gold vs. Bitcoin: the Better Long-term Investment

Long before Bitcoin reached the price of gold, the two commodities have been compared, and analysed side by side, in order to determine which would make a better long-term investment for anyone with enough capital to risk.

As the two commodities are currently situated at approximately the same price, determining the right choice is an interesting mind exercise. If we were to put aside bitcoin’s well-known scalability debate, alongside with its volatility, which would make up a better choice in the long run? There are clearly advantages and disadvantages to both, as while bitcoin is the newer, and more utile choice, especially since we’re living in the digital era, gold on the other side of the spectrum, has, what can be named, an indisputable track record, and has been used as a means of measuring value by humans for thousands of years.

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