Hacker News new | ask | show | jobs
by crististm 4577 days ago
Given the choice I think they will not have a problem in picking gold instead of bitcoins. Gold has some history behind it, and compared to bitcoins is more liquid and less volatile.

(volatile for about 3000 years - do you mean available?)

1 comments

> Gold has some history behind it

"It has history behind it" really seems like a fallacy to me. Many things had histories and were replaced, or changed dramatically, due to new technologies. Horses, swords, aluminum, newspapers...

I see Bitcoin being a very realistic threat to the high price of gold.