Replying to Avatar やトナ

Has anyone written an article or anything to rebut gold bugs argument against bitcoin volatility that talks about imagining if there was a price chart for gold right when it was discovered and how volatile the price would’ve been? I don’t know if I’ve seen anyone make this point (although I’m sure someone has), and I think it’s an easy slam dunk response to the Peter schiffs of the world.
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Feels Guy 1y ago

Fiat exists bc of gold. It's golds weaknesses that caused Fiat to flourish.

Bitcoin is volatile bc it's monetizing rn.

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やトナ 1y ago

Yes, my point is hypothetically if there was a price chart for gold upon its discovery like there is for Bitcoin, it would likely look similar to bitcoins through the first 15 years in term’s of volatility. This is purely a hypothetical.