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Replying to Avatar a source familiar with the matter

If the dollar wins, gold is fine (gold is still a scarce commodity whose price will have something to do with how much it costs to find, extract, refine and fabricate gold objects)

If Bitcoin wins, gold is fine (gold is still a scarce commodity whose price will have something to do with how much it costs to find, extract, refine and fabricate gold objects)

If gold wins, gold is fine (gold is still a scarce commodity...)

But if gold wins, bitcoin will not be fine and the US dollar will not be fine. This is an asymmetric game.

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halalmoney 1y ago

One man’s confirmation bias is another’s asymmetric game.

Maybe both Bitcoiners and goldbugs are wrong.

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Tim Bouma 1y ago

Mistaking the instrument for the intention.

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halalmoney 1y ago

I’ll stick to my humble little stash…. Not too much, not too little.

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