Quote from: pereira4 on June 16, 2019, 03:53:13 PM

Quote from: realr0ach on June 16, 2019, 03:49:26 PM

Quote from: pereira4 on June 16, 2019, 03:42:06 PM

I understand your case for gold, but why not find a middle term and own both? Both gold and Bitcoin have a point. You have become our resident Peter Schiff at this point.

Bitcoin is not a resource or commodity. It's an imaginary, valueless, designed to centralize, government tracking system token. The goal of all Keynesian scams is to give someone something of zero value while stealing their resources, goods, or labor that actually does have value. Only a moron accepts a Keynesian scam for their goods or labor.

There is always going to be a need for something with the properties of Bitcoin for someone out there, just like there's always going to be a need for something with the properties of gold for someone out there. Case in point, none of them is going to 0. There are no real reasons to not own some of both unless you've become a goldbug only drone/bitcoin only drone which rejects the good use cases of both.

yeah, but if you own bitcoin, then it largely serves the same hedging purpose that gold had previously served, so in that regard, there is really no need to hold any gold but at most 1% of your value in gold, at most.