Owning bitcoin is a no-brainer.

You don't need to go all in. But having zero exposure?

That's the big risk in a world of unprecedented fiat monetary experimentation.

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What’s the denominator

Purchasing power

But why gold is not going up

Compared to the growth of Bitcoin and the decline of fiat currencies, it is flat

So the denominator is the purchasing power of gold 🫡

Now I get it