create account

CAN THEY JUST GET ALONG ? by pouchon

View this thread on: hive.blogpeakd.comecency.com
· @pouchon ·
$47.31
CAN THEY JUST GET ALONG ?
<center>![image.png](https://images.hive.blog/DQmQr3kMphpz4ZzxCLQHr4LW73betbnrimV87gRwPhWZ565/image.png)
[source](pixabay.com)

You recalled this story somewhere in Africa,
 the people found a mountain covered with gold. In the video, people were
taking everything they can to bring home so they can sort out the gold.
 Hard to verify this story cause everything
on the internet appears to be true. You decide for yourself.
 Gold is something humanity knows its value from ancient
times till now. I am not going to debate where gold stand today
 cause if they offer you an ingot of gold, you will take it.
I will take it too cause it got a lot of value.
All over the internet you will find debate and you could get confused as to why
so much of a debate for both asset class. Clearly time is changing and we are in the middle of it.

This is the reason many take this opportunity to compare Bitcoin as digital gold or gold 2.0. 
This assumption has its merit
knowing how hard it is to do business with gold. I ask this question on the internet "where can I buy gold right now?"
 To some point
it is not easy to go just by gold, unless you want to buy a gold necklace or something for decoration. 
Buying gold as an asset class
is something many of us may never have to face unless you want to go that route.

One ounce of gold on the market may differ from the price at a dealer. Let's say it is now at $1735/oz. You can take possession of it.
And then that's it. I will be worried to do that cause I think I need a safe to put it in. Since gold is tangible you need to know
how to hold it and make sure it keeps it value. Having your assets in gold require a lot more service from a dealer keeper to help and maintain
the safety of your wealth. Maybe a few of us ever get to a mine and see how gold get to become what it is in your hand.

Seeing all that encompass to get gold where it is today, is a bottleneck why most of us right now could find it difficult to have an ounce of
gold as asset. If you want to go that way, more power to you. All I can say it is not that easy as bitcoin to buy and sell gold on the market.
No need to jump on the bandwagon of scarcity for gold. You will not easily walk and find gold on the street. 
You need to dig down beneath the earth to get it. It is impossible to put a number of remaining gold deposit. I watched a show about gold in Alaska.
They are finding more and more gold in rivers and other places. It is hard to mine it and it takes a lot of resources. Venezuela is one example
of having a lot of gold. Africa is another example and a while back California was on the list. The Caribbean is a hotbed for gold if you remember
history. So gold is limited but not so limited due to new discovery.

There was a story of fake count of gold bar for a bank to get loans. That is crazy when you have human centralizing this asset. No need to make an assumption about gold being a decentralized asset. This one is a clear statement why gold mostly sit in a vault in a bank all over the world.
Moving gold is no easy task. Owning gold is a team effort. IF you want to move gold from one country to another, just think for a second what will entail. You need a lot of money to do so cause paperwork, security and transportation will be more than fees you and I can think of.

Looking into gold and bitcoin, they both will serve their objective. This Sunday with just a click you can purchase one bitcoin and resell it before Monday. One time you could do that with gold but not today. Bitcoin will surpass gold for many reason but it is not gold fault. It is just
the era we are living we want things really fast. Only bitcoin and surely crypto will deliver. The next time someone try to say gold is better than bitcoin or vice versa, it is more a history class and they surely can get along.

Comparing the marketcap of both,
 it is a lot easier for bitcoin to reach a higher valuation within couple years.
 The old generation who believe in controlling everything through centralization will continue to support gold.
 The new generation with bitcoin building wealth through digital gold will flip the switch and put crypto where it belongs.
 Bitcoin and gold will co-exist to fill the blank where they need to be.
 If you can find ways to hold your asset in gold more power to you.
 I know bitcoin can do the same thing and way better 
cause it is  borderless, divisible , portable, scare,  
and so far no one can send you a fake bitcoin.

I do not expect bitcoin to dethrone gold where 
it stands for thousand years. Gold is still shiny and attractive.
 Bitcoin will give it some head spin since crypto can do more now than gold as an asset class.
 They both will serve the intended goal where investors for both will reap the rewards. 
It could be hard to get an ounce of gold on Sunday but you can do it with bitcoin.
 In order not to fall in this debate, find your strong hold and stay informed. 
Long term, short term, invest what you can afford to lose.
 At the end of the day you want to earn right?
 Find the one that can take care of you and your family.
![image.png](https://images.hive.blog/DQmerFdekDpMoT7PmE8EWpsqQn53P6HYQbJgtdRbL6bDJvR/image.png)</center>


 


Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@pouchon/can-they-just-get-along)
👍  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 270 others
properties (23)
authorpouchon
permlinkcan-they-just-get-along
categoryhive-167922
json_metadata{"app":"leofinance/0.2","format":"markdown","tags":["market","gold","bitcoin","crypto","archon","ecency","neoxian","palnet","proofofbrain","posh","leofinance"],"canonical_url":"https://leofinance.io/@pouchon/can-they-just-get-along","links":["pixabay.com"],"image":["https://images.hive.blog/DQmQr3kMphpz4ZzxCLQHr4LW73betbnrimV87gRwPhWZ565/image.png","https://images.hive.blog/DQmerFdekDpMoT7PmE8EWpsqQn53P6HYQbJgtdRbL6bDJvR/image.png"]}
created2021-04-04 19:14:48
last_update2021-04-04 19:14:48
depth0
children4
last_payout2021-04-11 19:14:48
cashout_time1969-12-31 23:59:59
total_payout_value25.754 HBD
curator_payout_value21.556 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length5,315
author_reputation841,547,712,899,394
root_title"CAN THEY JUST GET ALONG ?"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id102,821,056
net_rshares46,516,083,725,439
author_curate_reward""
vote details (334)
@bhoa ·
Some months ago I was asking about acquiring gold and the fear of knowing whether the gold is real or not... I feel there is really no need for me to own gold because Bitcoin is easier to hold and the value is still rising over time... I think I have chosen the crypto way 

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@bhoa/re-pouchon-6wwqq7)
properties (22)
authorbhoa
permlinkre-pouchon-6wwqq7
categoryhive-167922
json_metadata{"app":"leofinance/0.2","format":"markdown","tags":["hive-167922","leofinance"],"canonical_url":"https://leofinance.io/@bhoa/re-pouchon-6wwqq7"}
created2021-04-05 10:32:51
last_update2021-04-05 10:32:51
depth1
children0
last_payout2021-04-12 10:32:51
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length363
author_reputation60,701,104,434,307
root_title"CAN THEY JUST GET ALONG ?"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id102,834,577
net_rshares0
@drbenzz ·
Lol I think I’ll stick with btc. It has been taking very good care of me since last year till now. I’ve added a belly fat (literally 😁).
👍  
properties (23)
authordrbenzz
permlinkre-pouchon-qr21bu
categoryhive-167922
json_metadata{"tags":["hive-167922"],"app":"peakd/2021.03.9"}
created2021-04-04 19:40:42
last_update2021-04-04 19:40:42
depth1
children0
last_payout2021-04-11 19:40:42
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length136
author_reputation2,413,899,356,631
root_title"CAN THEY JUST GET ALONG ?"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id102,821,532
net_rshares30,550,926
author_curate_reward""
vote details (1)
@empress-eremmy ·
Another advantage that came to mind is that bitcoin would save the World a lot of bloodletting over resource control, which unfortunately to say,  has been a recent theme in many Countries. There would be no incentive to shed blood unlike say people fighting over a goldmine. Also everyone has free and fair access.
properties (22)
authorempress-eremmy
permlinkqr2m0p
categoryhive-167922
json_metadata{"app":"hiveblog/0.1"}
created2021-04-05 03:07:39
last_update2021-04-05 03:07:39
depth1
children0
last_payout2021-04-12 03:07:39
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length315
author_reputation540,919,179,861,504
root_title"CAN THEY JUST GET ALONG ?"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id102,828,123
net_rshares0
@hivebuzz ·
Congratulations @pouchon! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s) :

<table><tr><td><img src="https://images.hive.blog/60x60/http://hivebuzz.me/badges/postallweek.png"></td><td>You have been a buzzy bee and published a post every day of the week</td></tr>
</table>

<sub>_You can view your badges on [your board](https://hivebuzz.me/@pouchon) and compare yourself to others in the [Ranking](https://hivebuzz.me/ranking)_</sub>
<sub>_If you no longer want to receive notifications, reply to this comment with the word_ `STOP`</sub>



**Check out the last post from @hivebuzz:**
<table><tr><td><a href="/hivebuzz/@hivebuzz/pud-202104-feedback"><img src="https://images.hive.blog/64x128/https://i.imgur.com/zHjYI1k.jpg"></a></td><td><a href="/hivebuzz/@hivebuzz/pud-202104-feedback">Feedback from the April 1st Hive Power Up Day</a></td></tr><tr><td><a href="/hivebuzz/@hivebuzz/pud-202104"><img src="https://images.hive.blog/64x128/https://i.imgur.com/805FIIt.jpg"></a></td><td><a href="/hivebuzz/@hivebuzz/pud-202104">Hive Power Up Day - April 1st 2021 - Hive Power Delegation</a></td></tr></table>
properties (22)
authorhivebuzz
permlinkhivebuzz-notify-pouchon-20210405t044444000z
categoryhive-167922
json_metadata{"image":["http://hivebuzz.me/notify.t6.png"]}
created2021-04-05 04:44:42
last_update2021-04-05 04:44:42
depth1
children0
last_payout2021-04-12 04:44:42
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length1,167
author_reputation369,446,216,940,633
root_title"CAN THEY JUST GET ALONG ?"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id102,829,598
net_rshares0