Post
Topic
Board Speculation
Re: Is Bitcoin going to be the best hedge in the upcoming financial crisis?
by
1Referee
on 20/12/2018, 23:48:16 UTC
Yes I also personally see the days of gold as the best hedge numbered for the same reasons as you do. I would be glad if somebody stepped in and convinced us otherwise - assuming it can be done.

Bitcoin is superior to Gold in almost every way, so there isn't anything people can say to prove otherwise. The only thing however is that most of the traditional farts will very likely continue to ignore all our arguments as to why Bitcoin is so much better. Even when they start to realize that you are right, they will probably never admit it.

In the end, it's not even our problem that they are too close minded and stubborn to admit the usefulness of Bitcoin, because it's their loss if they don't adapt. Bitcoin is less than a decade of age, yet it's covering 1% of all the Gold in the world in terms of market cap. I'm pretty certain that within 10 years we should be able to see Bitcoin climb up to 25% at minimum.

From criminal money to an x trillion dollar asset, not bad. Grin