Gold’s *10yr* ROI just went negative. I almost feel bad posting the scoreboard, but here it is: (via: https://casebitcoin.com/charts ) If you’re still a gold bug, then this is a dip and a buying opportunity. You can get bullion gold here. If you prefer bitcoin as a store of value, Read more…
They say gold is a better store of value than Bitcoin… Don’t trust, Verify. Michael Saylor posted this about bitcoin and gold: For the year the return on Bitcoin is 277% and the return on Gold is -13.6%. Over the last decade the annual return on Bitcoin is 132% and Read more…
PlanB tweeted this: And while I get that PlanB wants to promote bitcoin, the numbers don’t lie. This is the reality of gold vs bitcoin. And we’ve been telling you to invest in gold all this time? Well, yes. Gold has been solid for literal millennia. We have the same Read more…
Vlad Costea wrote an article about this. What would Aristotle think about Bitcoin? https://cryptoinsider.media/what-would-aristotle-think-about-bitcoin/ Aristotle’s “Politics” on Bitcoin As a graduate in political science, I’ve had to learn by heart the classification that Aristotle makes in order to differentiate political regimes, as his criteria are still relevant today in spite Read more…
Ricardo Salinas Pliego doubles down on BTC yet again as gold and the U.S. dollar come in for serious criticism. Bitcoin (BTC) is definitively the “new gold” for the third richest man in Mexico, Ricardo Salinas Pliego. In a tweet on June 27, Ricardo Salinas Pliego confirmed claims that he recommends Bitcoin Read more…
– Bitcoin replaces gold as asset to store value & pass down from generation to generation – Government “ban” was marketing campaign & led to increased adoption Both trends easy to anticipate https://www.bloomberg.com/news/articles/2021-06-28/even-gold-obsessed-indians-are-now-pouring-billions-into-crypto Chainalysis estimates Indian investments in crypto increased from $200 million to $40 billion over the past year, Read more…
After an unexpected selloff last week, gold is busy building support. But the $1,800 level is proving to be a struggle. Many investors underestimate the impact of Basel III on the gold market, says Goldex CEO Sylvia Carrasco. https://www.kitco.com/news/2021-06-22/Basel-III-to-trigger-liquidity-squeeze-gold-price-could-be-looking-at-2-100-by-year-end-Goldex-CEO.html Watch the video You can invest in bullion gold here.
That gold was used as money in the past is merely a historical fact. But the fact that gold was a form of private money, and thus not easily manipulated for government schemes, made it a target of countless intellectual and governmental assaults. Original Article: “They Don’t Hate Gold Because Read more…
On this very special episode of the Bitcoin Magazine podcast, @ck_SNARKs is joined by @LudiMagistR to discuss why #Bitcoin is 1,000-times bigger than digital gold. One of the most important, yet double-edged, narratives out there is that “bitcoin is digital gold” because there’s a finite amount of bitcoin that is Read more…
The table grades Bitcoin, gold and fiat money (such as dollars) against the attributes listed above and is followed by an explanation of each grade: (credit for this work goes to @real_vijay) When stores of value compete against each other, it is the specific attributes that make a good store Read more…