Post
Topic
Board Bitcoin Discussion
Re: Intrinsic value of Bitcoin and Gold
by
zanezane
on 15/02/2021, 12:32:18 UTC
yeah , but if gold collapses ,you still have something in your hand.
Better than a seed of 24 words and a Ledger nano S .

But I too am holding BTC, waiting for the price to go up.

 I have a few 1oz. gold coins too, but I don't expect their price to sky rocket .
I bought then in 2016 and the price has risen about $800 per ounce .
Pretty good compared to the stock market , but BTC leaves gold in the dust .
Only way that gold will collapse is if the people behind the scenes would let it go down, they know that when that happens, the economy will be on the verge of collapse and it will take more than a Great Depression before gold could ever be useless back then it was the most valuable item and if that ever happens again and the collapse destroys the Gold Wall that protects the economies in the brink of collapse then a real chaos will happen. I do agree, bitcoin is better than gold but we can't underestimate the power of those shiny bars, they can destroy nations.