This is the beauty of this forum, we keep expanding our knowledge daily. Reading the analysis in the main post and your comment here, I have come to realize how shallow my argument was when I wrote an article about saving your money in gold for the long run. https://bitcointalk.org/index.php?topic=5351631.msg57567467#msg57567467
And most people that saw the weakness of my argument pointed it out straight away.
Bitcoin has proved over and over again that it is the best long-term investment plan one can have. Even with the various major dips it has suffered at different points in time, it still gives the best ROI. This is the best data to give to anybody that is asking if BTC is a good long-term investment plan.
We all pass through this phase at sometimes and many people were considering gold as better or say best investment which will give them stable returns in the past but now what is happening around the gold market? The gold has been here from ages and managed to have a market cap of around $11 trillion at current but bitcoin has managed to reach $1 trillion in just time span of 12 years which no other assets or major companies have managed to do so.But with limited supply of 21 million and time barred to mine all of them in 2140 is other boost to the prices but on the other side gold mines are still active and who knows when they will be exhausted.I also made a post about the same in WO thread and you can have a look at it : https://bitcointalk.org/index.php?topic=178336.msg57568191#msg57568191And most people that saw the weakness of my argument pointed it out straight away.
Bitcoin has proved over and over again that it is the best long-term investment plan one can have. Even with the various major dips it has suffered at different points in time, it still gives the best ROI. This is the best data to give to anybody that is asking if BTC is a good long-term investment plan.
The image described how diminishing returns gold has given to the user for all those years and who still believes btc is bubble and gold is safe heaven are going to blame themselves and government in coming days so don't belong to that category.
It is good that you change your viewpoint about the same after getting btc exposure and came to know how revolutionary it can be against rising inflation and can turn the financial stones for you.