the key difference however is that people do actually view gold as a safe asset haven. so it boomed during the gfc, Obama years.

again in covid.

Bitcoin currently is still very speculative and follows other markets. so in a big stock market and/or housing downturn, people could dump bitcoin en masse.

I hope so...

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Why do you hope so?

cheaper sats for me.

bitcoin is more liquid... easier to dump...

not sure why anyone would dump...

I doubt tradfi and the people buying now, dump.