I was wondering, what does it take for a hardcore goldbug like Peter Schiff, or our very own r0ach, to admit that they fucked up big time holding gold instead of Bitcoin?
Currently gold is around 7 $trillion marketcap, I haven't paid attention to gold to get the exact value but last year it was around that. Bitcoin is around 100 $billion as of today.
At what point will some traditional goldbugs publicly accept that they should have at least, diversified some of their gold into Bitcoin? I have added a poll with 5 options, the most conservative one is when BTC reaches 1 $trillion, because I don't expect any of them to admit they were wrong any time sooner than that.
The poll never expires.
I dumped all my bitcoin into gold when it was near $19k so who fucked up?
Gold always was and always will be the ultimate store of wealth, you just have to ignore short term price noise. I still stick to my prediciton that in the next few years central banks will release their own state issued crypto and bitcoin will be banned in most developed countries as it will be seen as direct competition by those in power.