That is because the chance of Bitcoin gives them more profit attract them to buy more Bitcoin. Gold still stable with the price while Bitcoin price increases so that is their reason to invest in Bitcoin. They are late to invest in Bitcoin in the early because they don't believe that Bitcoin can be like today. They underestimate the power of Bitcoin so they don't choose Bitcoin as their investment. But the situation is change now and makes them to raise their money to invest in Bitcoin

You are misinterpreting what is happening. It is not gold that has underperformed bitcoin, but bitcoin that has outperformed gold.

Where did you get this information?

Gold has never been about making a quick profit. Gold is not something that makes a profit at all, but a way to store value, in a way, to freeze value.

Why? Because they are idiots non-believers (in BTC)! They waited for the hype to start so they could buy at exorbitant prices.

Come on, seriously? Do you expect this?

I'll tell you that no government will allow this. Not even the one that feigned loyalty to the bitcoin during the elections.

Gold has never been more profitable than the bitcoin and no sworn will change that.

With an US senator proposing getting rid of gold reserves to replace them with bitcoin, will be interestkng to see what Trump does

Well, I don't speak for anyone who owns gold, just jewelry, but the return in BTC compared to Gold is definitely faster. The volatility of gains is somewhat attracting people, and that's why there are people who are shifting their assets to BTC.

Maybe it could be a different perspective for the person as well. Seeing BTC as mainstream might have changed it to the value that it has and not just some "digital money."

For me the best thing about BTC is that its a hedge against inflation. Having a fixed supply really is a game changer, in my opinion. It's not that we will reach it, but knowing is essential.

Investing in bitcoin is several times more profitable and less risky than investing in gold, which is why selling gold and holding bitcoins is the current trend. At present the price of Bitcoin has received the most attention due to which other investors are more inclined to invest in Bitcoin. But I think that the most success is achieved by holding Bitcoin alone, those who invested in Bitcoin at the beginning of October have made several times more than the current investment.

i strongly disagree. imo, it's the opposite, gold is a less risky investment with a long track record, established markets and use cases, etc...
bitcoin, on the other hand, is relatively new and more speculative, it does offer higher profitability but it also comes with higher risk.


we all know that's never going to happen. at best, they might create a bitcoin reserve funded by selling some of the gold, but getting rid of the gold reserve would be pure stupidity.

Bitcoin is quite speculative so there are many people who may still be very hesitant to buy it. But over time bitcoin has gained a much bigger place in terms of adoption so that now bitcoin is much more developed.

For most countries I still doubt that bitcoin will become legal tender because every country has an official currency that is regulated in the law so to make bitcoin a legal tender will require a revision of the law that needs to be approved by parliament.

But gold is much more stable and most people still believe in gold as a much safer investment. I am not so sure after he is inaugurated gold will not be profitable because this has been going on for a long time and gold is still the best choice for most people.

Gold is included in the assets that are bought when everything is bad in the world. Now everything is not so bad, and we see that Bitcoin is updating its new highs in price. This means that people are not trading with their last money, but are ready to invest in high-risk assets, such as altcoins. And I think that cryptocurrencies in general do not believe in gold, because we will all earn faster in cryptocurrencies, there are dozens of ways to do this. And gold, for example, in my country is sold with an incredible spread, which makes its short-term purchase an unprofitable investment.

Gold might have less attention than bitcoin but if you look at it when it comes to the one respected the more will not be more than gold and gold have been used as money for a very long time because if you look at it the in past centuries gold have been their so gold will be given more acknowledgment than bitcoin and bitcoin is just 16 years hold compare to gold thay have been their for ages, their are more factors that made bitcoin to have more recognition than gold its digital and comes with more features compared to gold even if they have digital gold.

And the way thing are going if they should keep bitcoin and gold which do you think people will go for it will definitely be bitcoin because even the rise in value of this two can not be compared when bull run starts which we are currently experiencing you should understand what am talking about, their is always a rapid increase in price so their is more to bitcoin than gold its bitcoins time.