I guess goldbugs are only trying to protect downside.
And they’ll risk massive upside to do so.
Too bad most with this viewpoint won’t take the time to learn why Bitcoin won’t fail…
Discussion
I was thinking the same but came to realize Gold is not even protecting the down side. It failed as an inflation hedge. It’s useless. It’s failed money.
To steel/(gold?)man the argument, bitcoin hasn’t really been in a position to be successful or fail historically. While gold has done both already, so it could seem more likely to come back than adopt a whole new one.
I completely disagree but wanted to get the goldman wordplay in 🤣
I can respect a good wordplay as motivation 😂