Post
Topic
Board Altcoin Discussion
Re: crypto and gold
by
slaman29
on 14/09/2019, 07:58:20 UTC
I totally disagree with you.

With an imminent global crisis, gold along with bitcoin will gain value over fiduciary currencies such as the dollar, which despite being the strongest fiduciary currency today, is still just a piece of paper.
Buy Gold. Buy Bitcoin.

But we have been having global crisis every decade. I remember the one in 1990s when I was much younger, and then we had the one that caused Bitcoin to be developed. And now we are having one. Gold really enjoyed both periods to be sure, but fiat will still be king in the end. I agree buy Bitcoin but don't put all your hopes in it.