Atleast he thinks that Gold and Bitcoin are the same - and he does not buy gold and he does not buy bitcoin.
The chinese did a very wrong thing, they should have tried to control bitcoin, tax it and made money from it. Banning it made the Chinese people sell their crypto investments for cheaper prices, their crypto rigs and asics were sold for less and on the whole they only got losses.
Their loss is every one else's profits. So many countries gained the same BitCoins and the Alts, the rigs and the asics and even solar panels that no one is counting.
Now the old man thinks that the Chinese did the right thing? Actually the old guy did the wrong thing - ages ago! He had seen bitcoin grow from a few dollars to several hundred dollars but did not buy it. Then it went to several thousand dollars and the old guy still thought it was a waste of time and it will eventually become worth less. And now - that the bitcoin is $42k+ at this time of writing this post - the Grape has surely Turned Sour!
And so is the old man Sour!