I don't care about stock to flow or whatever
Even if hyperbitcoinization happens gold's value will still be based on how difficult it is to pull out of the ground
While if gold circulates more freely Bitcoin can go to zero
I don't care about stock to flow or whatever
Even if hyperbitcoinization happens gold's value will still be based on how difficult it is to pull out of the ground
While if gold circulates more freely Bitcoin can go to zero
You don’t care about S2F, but S2F cares about you. Ignoring economic reality will be your problem, no-one else’s.
Golds value will be like that of silver - staying flat forever Laura. It will find increasing industrial applications and lose its monetary premium.
It’s never coming back as money. We’re not returning to physical MoEs - the world has already moved on and it’s only the Goldbugs who believe we will regress to Mad Max societies.
I'm fine with flat forever
I don't hold gold to get rich (although I do think it will appreciate in real terms as fiat dies)
Sorry. I always have to say this... Explain again how you'll manage your online shopping with pieces of gold. Oh wait...