if i have to covert all my wealth to either bitcoin or gold,ill convert it to bitcoin for the following reasons
NO 1.The supply of Bitcoin is absolutely fixed: Exploration teams are scouring the planet and finding new gold reserves all the time. When the price of gold rises, those new tracts become more economical, meaning the supply of gold can in fact expand.THIS IS AN EXACT OPPOSITE WITH BITCOIN. They are created when someone discovers a new mining block on the global computer network. The number of blocks is capped at 6 per hour.Moreover, bitcoins generated per block decrease geometrically, falling 50% every 4 years. The number of bitcoins mined will never exceed 21 million by the year 2140.
Roughly 57% of the total maximum have already been mined
N0 2:This is a real currency.Just try and attempt to pay for an item at any local store with gold and people will think you are crazy,but with bitcoin this is different
N0 3:Central bank cannot manipulate the price
N0:4:Its super liquid
N0:it is portable
It seems like over 85% of all bitcoins have been mined already
But while this kinda confirms your point of view, I still somewhat disagree with it. Indeed, more gold can be discovered and mined while Bitcoin is hard capped at 21 million coins. But this is just regular Bitcoin, and we already have Bitcoin Cash. Some are going to claim that it has nothing to do with the original Bitcoin (and I certainly see their point), while some others disagree with that (and I understand their stance as well). Regardless, it looks like we are set to see more Bitcoins coming along soon, and they will likely dilute the value of the genuine Bitcoin (at least, to a degree). Obviously, that would have the same effect as though the Bitcoin cap were removed or raised