We all know the case for gold that goldbugs will tell us. Their arguments are if anything utterly predictable. Gold has been in use for thousands of years. Gold is physical. Gold has uses outside its use as money in electronics, dentistry and aeronautics. Their arguments against Bitcoin are along the same lines. Bitcoin doesn’t have the same thousand-year history as gold. Bitcoin is not physical and doesn’t have use cases outside money.
Bitcoin vs. gold is a very shortsighted fake rivalry to promote. There's plenty of room in the non-fiat finance universe for both. And as someone who started out in gold and later developed an interest in crypto, needlessly antagonizing gold enthusiasts with ageist arguments seems counterproductive, to put it very mildly.
Great content! One of my next articles will be about crypto / blockchain as it IS the future of currency, corporate efficiency (via blockchain) & decentralisation / empowerment.
Bitcoin vs. gold is a very shortsighted fake rivalry to promote. There's plenty of room in the non-fiat finance universe for both. And as someone who started out in gold and later developed an interest in crypto, needlessly antagonizing gold enthusiasts with ageist arguments seems counterproductive, to put it very mildly.
Great content! One of my next articles will be about crypto / blockchain as it IS the future of currency, corporate efficiency (via blockchain) & decentralisation / empowerment.