Gold is up less than 10% in 10 years, even failing to keep up with inflation whereas Bitcoin is up almost 120,000%. Bitcoin is not digital gold, it's better.
Gold bug Vs Bitcoin is an argument made up by old gold collecting men trying to stay relevant.
Gold is cumbersome to own/ hold, it's not finite, it's slow to transact in, it's hard to keep safe.. etc etc.
Gold is proving no match for Bitcoin, crazily government treasuries are paying massive amounts trying to store bars behind bars.. meanwhile actioning off seized Bitcoin.
Still like gold better than fiat, but let's be serious here its no Bitcoin.
Submitted July 27, 2021 at 07:16AM by jam-hay https://ift.tt/3zJBVmt
Comments
Post a Comment