Bitcoin more popular than Gold and US Dollar in survey respondents' answers
A new poll organized by a former Texas congressman, Ron Paul, revealed an interesting reality in people's perception regarding bitcoin. The poll included no less than 43,000 social media users.
The poll was focused on what would people prefer having and it revealed that they have actually chosen bitcoin. The respondents would prefer having bitcoin over gold, US treasury Bond or even US dollars. Of course, people's choice could have also been influenced by the way the question was formulated.
So, the question asked people how they would like to keep the value of $10,000 if they cannot touch it for the next ten years. The answer is simple, as it seems that people have more faith in bitcoin's growth or stability than the one of the US dollar.
Around 52% of respondents would keep $10,000 in bitcoin
The survey was conducted on Twitter and aimed to find out the users' preferences when it comes to stores of value. The respondents had the opportunity to choose between the Federal Reserve Notes, gold, bitcoin and a 10 year US Treasury Bond. Around 52% of the respondents chose bitcoin. This means that more than 21,900 respondents chose bitcoin as the best way to store value and maintain an asset.
The only competitor to bitcoin from the options given to users was of course gold, which managed to obtain a 32% of the total number of respondents. The other two options from the list scored less than 10%.
Well, not only these respondents seems to share the opinion that bitcoin can be a better investment idea than gold and the US dollar. The same idea was shared two months ago by the co-founder of Apple, Steve Wozniak, who said that if bitcoin is a stable store of value, it is actually better than both gold and the US dollar.
The idea that Wozniak shared is that unlike gold or the US dollar, which can potentially be mined or printed indefinitely, the supply of bitcoin is very limited, as it is mathematically regulated and "nobody can change mathematics."