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Replying to Avatar Nic ⛄

I believe Doomberg is right in suggesting that we may soon be witnessing the end of the European experiment.

His assessment that Europeans will flee to physical gold is also likely correct.

However, that flight to gold may prove to be the wrong strategic move in a hyperinflationary environment... One in which governments are likely to clamp down on capital assets, while desperation among individuals increases the risk of violence & crime.

If Doomberg’s hunch is correct, we may be approaching the first real stress test between gold and Bitcoin, where one will demonstrate superior survivability and utility in a hyperinflationary world.

https://youtu.be/JtAEdU8E1rk

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Relic 1w ago 💬 1

Watching now. A short term panic outcome of a “paper goldplay” makes sense to me. knee jerk reaction. During Covid, my friends bought paper Gold.

A “Gold play”doesn’t. No one buys physical gold. It’s too much effort and overhead cost.

IMO…

Bitcoin has to be the logical outcome here. Logical being the key word. Mandibles then Bitcoin Standard. 👀

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Nic ⛄ 1w ago

Yes, I see it very similarly.

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