The moonboy culture is really showing. Gold is mooning and now everyones changing colors
This week in podcasts, nostr:nprofile1qqsp4lsvwn3aw7zwh2f6tcl6249xa6cpj2x3yuu6azaysvncdqywxmgpz4mhxue69uhk2er9dchxummnw3ezumrpdejqzxrhwden5te0wpex2mtfw4kjuurjd9kkzmpwdejhgwzasyh said Bitcoin might be a leaked skunkworks government project and nostr:nprofile1qqsqfjg4mth7uwp307nng3z2em3ep2pxnljczzezg8j7dhf58ha7ejgprpmhxue69uhhqun9d45h2mfwwpexjmtpdshxuet5qyt8wumn8ghj7un9d3shjtnswf5k6ctv9ehx2aqnz0fd0 said there is a non-zero chance gold is the real winner. Meanwhile Bitcoin is struggling to hold six figures. Always darkest before the dawn? 🚀 🚀 🚀
Discussion
I was born orange and will die orange. Gold failed to remain decentralized during a time government had less draconian tools that they have today. What makes anyone think it can do better now? It’s Bitcoin or communism I’m afraid, but first Madibles and boomers who can will try to flee to gold.
No matter how hard gold rips it still doesn’t function as money in the 21st century without having to trust someone
Exactly! As much as I might like to send you $0.02 worth of gold for engaging with my post, it’s just not likely to happen.
Not to mention that there will be forever more found
You can do gold trustlessly, but it is very difficult. Goldbugs don't even come close to it.
I suppose if we wanted, we meaning society, we'd all get a gold shaver and go to stores who'll accept gold in payment. We'll weight it out in gold shavings. Of course, nowadays, we just have to pair gold with Bitcoin. What I find interesting is that gold & Bitcoin get quoted in fiat dollars.. How do we get fiat out of the equation? It'll be interesting to see what happens when/if there's an announcement about a Stable Coin that's backed by gold/Bitcoin.