Gold is having its best year since 1995.
The demand for hard assets is clearly showing the need for protection against monetary degradation.
This is being done not only by individuals but also by funds and governments.
I just keep wondering when they’ll realize that there’s an even better asset.
Gold is, in several ways, better than Bitcoin.
Gold is immutable, indestructible, physical, shiny, has medical and scientific applications etc.
Bitcoin is just bitcoin; same elements of the above but intangible, and thus practically no use. Also requires electricity, operational nodes and miners for it's functionality and basis of operation.
Both have their risks and downsides, both can be seized if not hidden, but given we are in a digital age, it's quite fitting that we've come to this "digital gold" mandate for Bitcoin.
I always wondered, as a risk exercise, what/how one would use bitcoin when nuclear emp's have gone off. Gold will actually survive that blast(albeit dust) and radioactivity. Will your ledger and seed phrase?
Questions and Thoughts.
The goldbugs hate our poznzi scheme called bitcoin!!😂
Is #bitcoin education helping #gold ..
Asking cuz before I learnt about Bitcoin , I never looked at #gold ..
