Post
Topic
Board Bitcoin Discussion
Re: Jamie Dimon CEO of Chase Bank on Banking Crisis
by
Poker Player
on 06/04/2023, 04:41:22 UTC
I would urge all of you to not only continue making your daily sat buys but if you can hack it try to throw some gold and silver into the mix as well.

Well, I have a little bit of physical gold, but I wouldn't recommend anyone to have a large percentage. Basically I believe, like many, that Bitcoin is an enhanced digital gold, meaning that as a store of value it is going to eat gold in a few years. The only reason I believe that it will maintain some value and will not be defeated 100% by Bitcoin is because it is used for jewelry, as well as in industry and electronics.

Let's look at the performance of Bitcoin and gold since 2009 and we will see that as a store of value Bitcoin has been much better. Going forward I don't think the difference will be so exaggerated but it is clear to me that Bitcoin will continue to win.