Post
Topic
Board Economics
Re: Holdings of gold vs Holdings of btc
by
markj113
on 08/01/2017, 10:57:26 UTC
Gold is finished, gold is dead. Everyone's money should be in btc, ltc doge and vidz.

You obviously have no concept of market cap sizes.

The gold market worth $22 trillion a year is now dead because RobertDeNiro says so  Grin Grin


That's correct. Gold cant be used for shit. It's got no real value besides to people who want to wear it and the newer generations are not like the old ones who just listened to what ever mom and dad and grandma and grandpa say.
In 50 years or less gold will be worthless and you can bet on it. Because Robert Deniro says so.

All typed from a device containing gold sent through an internet infrastructure laden with gold.

Gold is an element that cannot be copied.

Bitcoin is just lines of open sourced code that anyone can replicate or improve.

Gold is currently being hoarded by the tonne by Russia and China while Bitcoin is ignored.  No major hedge funds, financial institution or government has bought into bitcoin.  Some are interested in blockchain technology but not bitcoin.