Originally Posted by Idigmygirls

Gold has some huge advantages over Bitcoin, so I personally believe it is very important to own both. I own a lot of Bitcoin, but I own even more gold.

Bitcoin cannot be used at all on many occasions where you'd need it. If the power is out, if the internet goes down, if the internet is attacked - all of these are real potential problems in a crisis, and in a crisis, that's when you'll need something to use as money.

Bitcoin - and I'll keep saying this until it has happened - Bitcoin value will drop to zero when Quantum Supremacy is achieved. Once I can access the blockchain in zero time whenever i want, there is ZERO protection for Bitcoin. I know that there are quantum encryption discussions all the time about how Bitcoin *could* be made resistant, but without getting into it all here, those arguments are wishful thinking. It *may* be possible, if everyone that has Bitcoin agrees and acts with urgency and speed, but we've seen how easy it is to get everyone to act in the same way for the same purpose...

Most arguments against quantum computing issues with bitcoin involve concerns about an individual wallet being compromised, but the real issue is that the entire blockchain itself is vulnerable, and there's just no getting around that one. So Bitcoin has a terminal event that means it won't be able to exist forever. Gold will.

I'm a huge believer in Bitcoin and I think it has many years left where the value will go to the moon! But Gold is really cheap right now, and there will come a time in the near future where Gold becomes the fiat hedge once again. When that happens, I believe gold charts will look like BTC charts do today - they will go vertical. Imagine an ounce of gold trading at $30,000 like BTC will shortly. You can get in to Gold below $2000 right now.

Again, BTC is awesome for the next few years. Easy to buy and important to own. Gold will have its day too. Fiat is doomed.