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 do not see why they would need to admit they are wrong, it is going to be impossible for gold to be as profitable as bitcoin, that is true, since the market cap of bitcoin is way lower, but I think gold is also going to be extremely profitable once the economic system becomes a lot more unstable and crashes, so even if they do not get the same profits as us, gold will be in my opinion a great investment in the next decades as well.