Gold bugs must absolutely *love* the fiat/gold tango—it’s like a toxic relationship they just can’t quit. They cheer as their shiny rock inflates in value, blissfully ignoring that this 'growth' comes from theft by taxation through inflation. But hey, who cares, right? The thrill of swapping their gold back into fiat for purchases must be exhilarating!

It's a rinse-and-repeat cycle: hoard gold, cheer for fiat’s decline, then gleefully trade back into the very system they claim to despise. The irony is golden—pun intended. Meanwhile, inflation continues siphoning everyone's time and energy, and the merry-go-round spins on.

Contrast that with Bitcoin: no rinse, no repeat, just opt-out. No need to trade back into a broken system because it’s value you *actually own.* Imagine the freedom of knowing your wealth isn’t tied to a game rigged to steal from you while you cheer from the sidelines. But hey, to each their shiny preference.

Reply to this note

Please Login to reply.

Discussion

I’m a bitcoiner not a goldbug, but I think your critique would also be true if you replaced bitcoin with gold and gold with bitcoin. Perhaps in the long run you will be right, but for now in most places, there is still a need “to trade back into a broken system.”