in

Bitcoin vs Gold as a Store of Value (Bitcoin store of value) with Layah Heilpern

https://www.exodus.com/bitcoin-wallet%20

#bitcoinvsgold #buyinggold #bitcoinwallet

Bitcoin vs Gold debate: Gold has been around for thousands of years and is the world’s oldest money. Investing and buying gold as a store of value has been the de facto choice. But we’re in the digital age now and it might be time for something new. Could Bitcoin be the new currency that unseats gold as the world’s most popular store of value? Can storing Bitcoin in a Bitcoin Wallet prevent your wealth from being seized?

☆₿☆ Download The Exodus Bitcoin Wallet ☆₿☆
https://www.exodus.com/bitcoin-wallet
https://www.exodus.com/

🔔★Subscribe for more videos about Exodus wallet and crypto★🔔
https://youtube.com/c/exodus?sub_confirmation=1

Bitcoin vs Gold as a Store of Value: Buying Bitcoin vs Buying Gold, chapters:

0:00 Introduction: For more than 5000 years gold has been considered as a store of value for maintaining wealth. Like any other asset, gold has its market cycles and sometimes gold is overbought and other times gold is oversold.

0:32 Limitations of Buying Gold: Despite being a reliable store of value, gold cannot be easily transported and it can be seized. Gold is not easily divisible and gold can be counterfeited. Even though gold is quite a scarce asset, the supply of gold can be increased as gold can be mined from sea water or asteroids.

2:33 Bitcoin vs Gold: Unlike Gold, Bitcoin is divisible up to eight decimal places. Bitcoin is also much easier to send around the world, as you can send BTC from one Bitcoin Wallet to another Bitcoin Wallet in just a few taps. Bitcoin has a maximum supply of 21 million Bitcoin, additional Bitcoin can never be created. Furthermore, once BTC is stored in a Bitcoin Wallet, and the Bitcoin Wallet is properly and securely backed up with the secret recovery phrase only known by you, it is impossible for your Bitcoin to be seized from you.

🔔☆The Exodus Newsletter☆🔔
https://www.exodus.io/newsletter/

🔔☆The Exodus Blog☆🔔
https://www.exodus.io/blog/

🔔☆More Resources☆🔔
How to give BTC as a gift: https://www.exodus.com/blog/how-to-give-btc-as-a-gift/
What is Bitcoin: https://www.exodus.com/blog/what-is-bitcoin/
Is Bitcoin Bad for the Environment: https://www.exodus.com/blog/is-bitcoin-bad-for-the-environment/

★Follow Exodus on Social Media★
🐥 https://twitter.com/exodus_io
🎭 https://www.facebook.com/exodus.io
📸 https://www.instagram.com/exodus_io/

This content is for informational purposes only and is not investment advice. You should consult a qualified licensed advisor before engaging in any transaction.

Bitcoin vs Gold as a Store of Value (Bitcoin store of value) with Layah Heilpern

source

What do you think?

Written by Exodus

Leave a Reply

Your email address will not be published. Required fields are marked *

GIPHY App Key not set. Please check settings

29 Comments

  1. FYI There's AGS (Silver Standard) and AUS (Gold Standard) that are ERC20 tokens that are backed by 1:1 Gold and Silver via Coinspot exchange in Australia (one the Australian largest Crypto exchanges has them to buy/sell). The physical gold and silver is vaulted in Brisbane Australia. the closest thing you can get to owning physical gold and silver bullion without the stress / cost of DIY security (Vaults/camera's etc)…

  2. Only about 1 in 10 people own gold. Why is this? It's not just because it's inconvenient. It's also because they see no need for it. The only reason people hold gold is because they don't trust fiat currency. As soon as these people have access to a form of currency that they trust, they have no need for gold. The same goes for Bitcoin. It's being used as a hedge against bad monetary policy. But as soon as another crypto takes the crown as a usable everyday currency, people will have no need for Bitcoin.

  3. So this is just a bash gold video, I don't like it when gold and crypto people bash each other, they're part of the same team, come on most people don't need private vaults to store their gold and silver, most of us aren't millionaires, gold is very much outside the system if stored/hidden at home, zero counter party risk and its very divisible….what are you talking about.
    Anyway rant over, gold and bitcoin both have a place in a decentralized portfolio.

  4. You CAN GET Gold in smaller weight… you get get 1/20 oz, 1/10 oz, 1/4 oz, 1/2 oz, don't forget 1troy oz is equal to 31.1 grams and you can buy 10grams, 20grams… etc… same for silver.
    Point of Bitcoin, Gold and Silver is that they work against the Fiat currency. Don't forget GOLD and Silver is God's money and don't bet against God. Bet against the common thief which is the shadow banks.

What is Yearn Finance? YFI Token and Yearn Finance Explained

Crypto News: Polkadot flips Litecoin, EOS takes a hit, and Bitcoin bear market???