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People bought gold because it's historical stability. People buy Bitcoin because of it's volatility and crazy growth. Gold could survive wars, you can pack sm

• jrsks 9y ago
  > Gold could survive wars, you can pack small fortune to take on person, it's recognized by everyone. That's a lot to carry when you could just take your brain wallet with you.
• ThomPete 9y ago
  You try and buy a shirt in H&M for your gold. People mined gold because it was very valuable, gold have also been doing it's ups and downs the same have currencies historically (before the central banks). Bitcoin is gold for the digital space. Bitcoin can survive any one company or institution going down it can survive wars too. Bitcoin is 9 years old gold is thousands. Golds value could easily go to zero in the future. Most bitcoins are in the hands of people who didn't buy beause of it's growth but because they believe it ads value to the digital space.