Replies (44)
Gold leads, Bitcoin follows. If this is the runup for gold, Bitcoins runup will be just as impressive.
These are the days we prayed for.
Of course you went back to 2015 when bitcoin had a market cap less than 10 billion lol
Gold is 10X the size and eating our lunch this year. Nothing wrong with taking the L with dignity. Gotta be a good sport
Square's move ought to force governments into de minimis cap gains exemptions the same way demand for Uber and Airbnb changed all kinds of silly regulations. Disruption is a beautiful thing.
And gold remains fundamentally incapable of inducing any such disruption
Let's be clear. Adoption is growing in centralized structures, i.e., ETFs, govies and corporations. We the people are not the winners in this fight right now. Individual adoptions ownership needs to escalate to keep it out of the governments and corporations hands. If this doesnt happen, it will become another co-opted financialized asset. We have to remember that Bitcoin is for us, not them. Blackrock is not here to help us, neither is Saylor
based \m/
This is gold.
I hate to break it to you, but bitcoin is for anyone. Can't force people to adopt it either. Everyone moves at their own pace.
I love seeing gold rally regardless of what bitcoin is doing as we’re in the same team. Hard money is the way.
I am happy for the gold bugs, they educated me. Plenty of sunshine for the both of us.
I am butt hurt
He specifically said this decade. If im not mistaken, "checks notes," 10 -25 is 15 so of course he would go back to 2015.
So true! Golds market cap growing so much over the last couple years just reminds us all that the world is moving toward neutral, global, reserve assets. Of course all of the sovereigns and baby boomers are going to store a majority of their wealth in the asset thats way larger and been around way longer. But over the next 10-20 years these Boomers will cycle out as the younger Gen X’s and Millennials begin to retire with all their acquired wealth. We will still, obviously, be hoarding most of our wealth in global, reserve assets. But it will be a lot heavier allocation into BTC. Millennials arent going to be hoarding and securing physical gold bars and handing them off to our kids! Fuck outta here! We will be transferring our self custodial keys or setting up customized, family, multisig funds to pass on our generational wealth! I’m not knocking on Boomers either, many of them are coming around! They are admitting that it’s now at this point, more risky to have 0% in BTC than to have at least a small allocation to it. It’s also smart to not put all your eggs into an asset that’s not even 20 years old when you’re already in your 60’s and hopefully enjoying retirement.
nostr:nevent1qqs0ur550uf9rm0yjdrw38fxxtwxdrk6cwnkcdw7ej6qfl0jjrt6l0cl606gv
No one was manipulating bitcoin like the LBMA and COMEX have been manipulating gold. But now that the ETFs are here…
nostr:nevent1qvzqqqqqqypzqvtw30knexxgwasss0qwafnz68hdx6u25xwpclsz4750ez46qpx2qyt8wumn8ghj7etyv4hzumn0wd68ytnvv9hxgtcppemhxue69uhkummn9ekx7mp0qqs0u0h6yswjgwfd4pw0p2d48nmfru4jjw9u3vuu8almy6zz0k7955gffe0hz
Yeah I needed to hear that man.
It feels like my conviction in this thing is being tested yet again.
Your explanation is logical & IMO likely. BRICS are clearly betting on gold.
In the 19th century China, India, Mexico & Latin America bet on silver. They learned very painfully to always choose gold.
But that wasn't the lesson.
All assets will appreciate as the dollar dies; some faster and at different rates than others.
Yep. Bitcoin remains the fastest horse. Gold still well behind 4-5 year BTC returns.
Just own some of both. I have silver too. Yes, bitcoin superior
Sound words.
Gold has been a media “Fear trade” for decades.
Bitcoin has been a media “Speculative asset” at least since it was initially accepted by Wall St in 2021.
Both of those media labels are breaking down now.
But it’s fitting that Gold/Silver breaks-up first. It has generations of head-start. That’s SO important to understand.
And YES, it is absolutely going to suck the wind out of the sails of Bitcoin, which is what is happening. But it’ll be short, and (hopefully) globally-dramatic I suspect. Like experiencing the “big artillery” bash at the walled-gates of a bastion - before the living army swarms in to capture it piece by piece in slow but very Real-time.
thanks for addressing this marty. are you talking to yourself?
#Bitcoin builds empires for eternity. Stack sats, the future isn’t waiting.
Q2 2026, the big print and the marriage of Fed and Treasury will be the real bull market. Gold will have its time again until then and bitcoin will become unstoppable after. Nations stacking gold is the last breath of fiat trying to stay alive.
Gold market cap has recently been going up sometimes $0.5 trillion *per day*. If that amount flowed to bitcoin instead, the bitcoin price could double *per day*.
🤯
If you want more reward/risk, buy only Btc. If you want less risk and diversión buy both, but less reward
China and Russia have been stacking gold for 15 years.
USA needs to back BITCOIN and flip them.
Get the entire western world on a BTC standard.
Let the best money win.
More room for Bitcoin 🫡😆
nostr:nevent1qqs0ur550uf9rm0yjdrw38fxxtwxdrk6cwnkcdw7ej6qfl0jjrt6l0cl606gv
End of an Empire coming soon
I’m well aware he said a decade, which is WHY I said 2015. You completely missed the point. Reading comprehension down bad
China has had its parallel settlement system in gold set up for 20 years. Its just that now foreign companies and countries are using it more. Unlike western countries, they let you take your gold.
Something is brewing
now would be a good time to go into a coma
Accept the lesson:
For Bitcoin, Store of Value hinges on becoming Medium of Exchange, without it gold has broader appeal.
Therefore, we must make a special effort to make the Medium of Exchange usecase real. It is #Bitcoin's true strength – once we stabilise volatility.
That's the mission of Bitcredit Protocol.
Bitcoin has its place but it is not superior to gold. If it was, so would every shitcoin be. In fact there are other cryptos technologically superior to Bitcoin.
Gold is nation grade asset, Bitcoin just enters this space 🛸
yes, technologically superior to Bitcoin, not the digital traits of gold like Bitcoin.
Bitcoin has traits of gold like an apple has the traits of an orange. They are their own things.
And given the fast rate of technological development, Bitcoin will inevitably be surpassed. That's why only gold can be gold for billions of years.
yes, totally! Thats because of gold's long history since non-digital world, while bitcoin around for 15 years and for sure we are in digital world now and in future. So time will tell.
Just listen to nostr:nprofile1qqsywt6ypu57lxtwj2scdwxnyrl3sry9typcstje65x7rw9a2e5nq8sprdmhxue69uhhyetvv9ujucnfw33k76twwpshy6ewvdhk6qg5waehxw309aex2mrp0yhxgctdw4eju6t04aep0q ladies and gentlemen
nostr:nevent1qqs0ur550uf9rm0yjdrw38fxxtwxdrk6cwnkcdw7ej6qfl0jjrt6l0cl606gv
Bitcoin is superior in every way but one:
Gold has no devs.
Which ones and why ?
From what I can tell at the base layer all others make a trade-off which causes significant validator (node) centralisation. Which to me is a non-starter
God is Gold's dev
