It’s possible gold has a run here too. At the nation state level it will remain important for the time being as many major economies won’t take Bitcoin as seriously as they should. Check out Doomberg’s recent material on the topic.
Referring to gold bugs:
“They understand the monetary debasement issue, but they just have the wrong tool…” - nostr:npub1d3f4m9dgvkdjxn26pqzsxn6lpfn78sxwllxyt8mp76q0a9zyyjlswhr4xv
https://bitlyrics.co/transcripts/crossing-the-chasm/
nostr:note1m77r92lpkectlnp2e64pl5j870qmw3xen7weshjjtaspzp2e3zfsrg02ns
Discussion
Know about this one by Doomberg. Makes sense… if you know printing $$ bad, but too dense to get #Bitcoin, its kind of the only thing to get into, #Gold.
Exactly. And the pools of capital that fit into the “dense” category are vast- for now. Though gold is a much more liquid market, and doesn’t likely have near the upside of BTC.
The tsunami of printing $$$ will have to maintain its accelerated course. High inflation inevitable. Pick your assets wisely, and hold on tight. The most buoyant asset wins.