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Replying to Avatar WhiteRabbit

The thing that really bothers me about gold is it’s betting on a regression for humanity. Gold fixes nothing in a world today that deals in commerce across space. At the end of the day golds best hope is we regress back to a trust model of “gold backed” fiat because gold is completely impractical for commerce as we know in the 21st digital century. It’s like begging to make the same mistakes we’ve already learned from and I personally find it incredibly depressing to think we go back to a standard where we have to trust an asset already paper traded 200-250:1 isn’t going to end up in catastrophe again. Bitcoin is truly our only hope.

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Tyler 2y ago

It makes absolutely no sense to me that people are buying “Gold” and then never really owning the gold. You never actually get gold correct?

It’s like going back to landline phones when we now have cellular phones.

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