Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
BitcoinBunny
on 30/03/2023, 02:37:02 UTC
If not anything else there HAS to be an escape boat out of the approaching predicament for at least some people.
If it does not materialize, then we might end up in a worldwide Depression 2.0
My bet is that bitcoin is that almost perfect agent of preservation in the digital age.
Gold is too bulky and "physical" and real estate is too leveraged.
However, it is also possible that my thinking is all wrong and there will be something else, but I just cannot see it, currently.

Real estate and gold are confiscatable, with the former slowly being syphoned off to Blackstone. The latter I think may only be traded by governments eventually with the west being particularly late to the party IF governments owning gold means anything eventually.

That doesn't leave much for the average Joe wherever you are in the world; except BTC.